The outcomes were satisfactory yet insufficient. Wall Street responded in this way on Tuesday to Alphabet and Microsoft’s quarterly earnings. Despite the fact that both companies’ revenue and earnings beat projections, the stocks fell during prolonged trading. The equities were… Read More ›
Citing China’s fiscal support measures and the surprising resilience of the U.S. economy, the International Monetary Fund revised up its prediction for global growth. It now projects 3.1% global growth in 2024, up 0.2 percentage points from its previous October… Read More ›
Meyer Burger, a Swiss solar panel manufacturer, has warned that it may have to close its loss-making production unit in Germany unless the government intervenes with financial support. Meyer Burger is facing intense competition from China. “Chinese manufacturers are deliberately… Read More ›
Ahead of the Lunar New Year in Asia and as a result of attacks on Red Sea shipping, which force businesses to obtain more expensive air cargo space, global air freight costs have increased for the first time in seven… Read More ›
Although China’s luxury sales have not yet returned to 2021 levels, industry analysts and financial reports from key brands indicate that there are new growth potential in comparison to pre-pandemic tendencies. The current luxury conglomerate, LVMH, released its 2023 results… Read More ›
Trade discussions broke down due to a disagreement over cheese and beef, and now the UK and Canada are blaming each other. The two nations had been engaged in over two years of negotiations to hammer out a new deal… Read More ›
Due to rising interest rates that drove up expenses for purchasers and discouraged many potential sellers with lower rates from moving, home sales in the US fell to their lowest point in almost 30 years. As a result of a… Read More ›
Traders have bet that the Federal Reserve won’t begin easing policy until May, following a week in which better-than-expected economic data and central banker comments eroded investor confidence in the prospect of an early start to interest rate decreases. The president… Read More ›
The most recent data on population and economic trends in China is astounding; it brings to light the enormous long-term challenges that lie ahead and throws the growth profile of the second-biggest economy in the world back to the isolationist… Read More ›
Chinese fund management organisations are increasingly introducing equities funds that are mostly funded by the company’s own capital in response to strong demand from regulators to assist revitalise a struggling stock market. As authorities rush to rescue a stock market… Read More ›
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