An official survey released recently revealed that factory activity in China increased in September for the first time in six months, adding to a slew of signs that the world’s second-largest economy has begun to bottom out. According to the National… Read More ›
The annual increase in prices outside of food and energy decreased below 4.0% for the first time in more than two years in August, which is good news for the Federal Reserve as it considers the future of monetary policy…. Read More ›
Government bonds fell during the third quarter due to worries about the economy and an extended period of high interest rates, and some investors anticipate further declines. Fund managers who were hoping for relief from the historic losses bonds suffered… Read More ›
According to data released on Friday, core inflation in the capital of Japan decreased in September for the third consecutive month, primarily due to lower gasoline prices. This suggests that cost-push pressures are beginning to peak, which is good news… Read More ›
According to Credit Suisse, which is now a part of UBS, the bank anticipates a third quarter loss of around $1.6 billion due to the reclassification of loans related to its non-core and legacy businesses. The bank said in a… Read More ›
The Federal Communications Commission’s chair, Jessica Rosenworcel, said on Thursday that the organization’s proposal to reinstate net neutrality rules may give it more power to compel the removal of hardware made by Chinese firms Huawei and ZTE from American networks,… Read More ›
Despite blaming abnormally hot weather in many of its European regions for delaying the autumn shopping season, apparel giant H&M announced a pick-up in quarterly profit margins on Wednesday, increasing optimism about its turnaround efforts. Inditex, the company that owns… Read More ›
The brand-new Adidas running shoes, which Ethiopia’s Tigist Assefa wore on Sunday to break the world record for a women’s marathon in Berlin, went on sale on Tuesday. However, the price will undoubtedly dampen the enthusiasm of casual runners. Since… Read More ›
Profits for Chinese industrial companies continued to decrease by double digits for the first eight months, although the rate of declines slowed marginally as a flurry of policy support measures began to stabilise certain aspects of the sputtering economy. In… Read More ›
In an effort to remove products created using the forced labour of Uyghur minorities from the U.S. supply chain, the United States on Tuesday barred imports from three additional Chinese enterprises. According to a government posting, three new companies have… Read More ›
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