A sell-off in bonds and stocks occurred around the world overnight as a result of the Bank of Japan unexpectedly expanding its target range for 10-year Japanese government bond yields. In an effort to mitigate the effects of prolonged monetary… Read More ›
According to a report from the International Energy Agency, global coal consumption is on track to rise by 1.2% and reach a record high this year. The Russian invasion of Ukraine in February 2022, according to the International Energy Agency… Read More ›
According to a survey released on Monday by World Economics, China’s business confidence has dropped to its lowest level since January 2013. This decline is due to the abrupt lifting of many pandemic control measures as well as the impact… Read More ›
According to industry sources, Air India is close to a deal to order more than 200 Boeing jets, including 190 narrowbody 737 MAX and 30 widebody 787s, as part of a historic fleet shake-up roughly split with Boeing’s European rival… Read More ›
After the Bank of England raised its benchmark interest rate for the ninth time in a year, online banks in the United Kingdom are racing to increase the yields on their savings accounts in order to entice cash-strapped savers. Following… Read More ›
Republican Senator of the US Marco Rubio announced bipartisan legislation on Tuesday to ban China’s popular social media app TikTok, putting more pressure on the app’s owner, ByteDance Ltd, amid concerns that the app could be used to spy on… Read More ›
According to new research, funds raised by companies listed in London fell by more than 90% this year. According to analysts, the market has cooled as a result of weak economic growth forecasts, rising interest rates, and concerns about the… Read More ›
Japan’s November wholesale prices rose 9.3% year on year, according to data released on Monday, a rate of increase that was nearly unchanged from the previous month and suggested an inflation peak amid easing global commodity prices. It was the… Read More ›
The easing of stringent “zero-COVID” measures has been welcomed by China’s weary public and businesses, but Jorry Fan, who lives in the eastern city of Suzhou, said it has prompted her to cancel any plans to dine out for several… Read More ›
This year, more Southeast Asian tech startups laid off workers as macroeconomic headwinds widened losses and venture capitalists pushed startups to extend their runways. Carousell, the online marketplace, announced last week that it was laying off 10% of its workforce,… Read More ›
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