On Tuesday, Foxconn, the world’s largest contract chipmaker, said it expects the second half of this year to be “in a better direction” since COVD-19 lockdown appears to be easing in Shanghai. “We are quite confident in the stability of… Read More ›
In a significant development Turkish President Tayyip Erdogan said, Ankara cannot allow countries that support terrorism to in NATO, in reference to Finland and Ankara’s bid to join the military alliance. “For as long as Tayyip Erdogan is the head… Read More ›
Efforts by Bern to refresh free trade agreement with China have hit roadblocks stemming from China’s dismal human rights record. In 2013, both countries had signed a free trade agreement, marking Beijing’s first such deal with an economy in continental… Read More ›
In a statement German Economy Minister Robert Habeck expressed concerns over the European Union’s unity on Russia, saying he is seeing signs that they are “starting to crumble”. Habeck made the comments ahead of a summit to discuss an oil… Read More ›
Europe’s attempt to reduce its dependence on American payment giants is increasingly becoming a test of whether the European Union can build genuine financial sovereignty without triggering conflict between central banks, commercial lenders and private payment firms whose business interests… Read More ›
The recent halt in global equity fund inflows after nearly two months of sustained buying is increasingly being interpreted by investors as more than a temporary market pause. The reversal reflects a deeper shift underway across global financial markets as… Read More ›
Mexico and the European Union are moving to formalise a long-delayed trade agreement at a moment when both economies are increasingly reassessing the risks of excessive dependence on the United States. What was once treated largely as a technical expansion… Read More ›
Lower-cost oral weight-loss medications from Novo Nordisk and Eli Lilly are beginning to alter the rapidly expanding obesity treatment market, with doctors reporting that more patients are moving away from compounded alternatives and turning toward branded pharmaceutical products as pricing… Read More ›
Japanese automobile exports to the Middle East collapsed in April as conflict-linked shipping disruptions around the Strait of Hormuz severely affected one of the global auto industry’s most important export corridors, exposing how geopolitical instability is beginning to reshape supply… Read More ›
A sustained shift among British consumers toward eating at home rather than dining out is emerging as one of the most important drivers of growth across the United Kingdom’s packaged food sector, helping companies such as Premier Foods and Princes… Read More ›
Institutional investors dramatically increased exposure to semiconductor and artificial intelligence-linked companies during the first quarter, according to regulatory filings reviewed from thousands of investment firms, reflecting how the global AI boom has rapidly transformed portfolio strategies across hedge funds, pension… Read More ›
The United States is moving closer to establishing its most comprehensive regulatory framework yet for the cryptocurrency industry as lawmakers push forward with a landmark Senate bill designed to clarify oversight of digital assets, stablecoins, decentralized finance platforms, and blockchain-based… Read More ›
Global financial markets faced renewed pressure as rising government bond yields and persistent inflation concerns interrupted a powerful rally in equities that had been driven largely by enthusiasm surrounding artificial intelligence and technology stocks. Investors who had spent weeks pushing… Read More ›
The global semiconductor industry is entering a profound structural transformation as artificial intelligence rapidly overtakes smartphones as the primary force driving chip demand, investment and technological innovation. What was once an industry heavily dependent on consumer electronics cycles is increasingly… Read More ›