China’s industrial sector reported a stronger rebound in April, as state data revealed that profits among large manufacturers rose 3.0 percent year-on-year that month, accelerating from a 2.6 percent gain in March. For the January-April period overall, industrial profits increased… Read More ›
The Bank for International Settlements (BIS) has sounded a stark warning to governments worldwide: the relentless buildup of public debt is no longer sustainable now that the era of ultra-low interest rates is over. In a speech delivered at a… Read More ›
The European Union has formally warned fast-fashion giant Shein that it risks substantial fines unless it swiftly remedies a range of consumer protection violations. In a sharp escalation of regulatory scrutiny, the European Commission and the network of national consumer… Read More ›
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