According to the state-backed Global Times, Chinese companies have formally requested an anti-dumping investigation against pork imports from the European Union, intensifying tensions following the bloc’s imposition of anti-subsidy charges on Chinese-made electric vehicles. After Brussels imposed tariffs of up… Read More ›
Entrepreneurship
China Wants The EU To Stop Its “Wrong Practices” Over EV Tariffs
Beijing said on Thursday that it hoped the European Union would change its “wrong practices” and resolve trade disputes via negotiation. Beijing denounced EU tariffs on Chinese electric vehicles as protectionist conduct. China’s response, along with those of other parties… Read More ›
Data Of 560 Million Users Of Ticketmaster Allegedly Stolen
560 million Ticketmaster customers’ personal information is allegedly in the possession of a bunch of hackers. The gang claiming responsibility, ShinyHunters, claims that partial credit card details, phone numbers, addresses, and names of Ticketmaster users worldwide are among the stolen… Read More ›
Notwithstanding Tokyo’s $62 Billion Intervention, The Yen Continues To Weaken
Over the course of the last month, Japanese officials intervened in the foreign exchange market to strengthen the yen, spending 9.79 trillion yen ($62.23 billion). While these actions prevented the currency from falling further, they are unlikely to stop longer-term… Read More ›
Easing Of Bets On Rate Cuts And Profit Taking Results In Drop In Gold Prices
Tuesday’s decline in gold prices was caused by investors taking gains following a recent surge and pressure from the less likely possibility of rate reduction by the Federal Reserve. The market was also waiting for important U.S. inflation data that… Read More ›
Quickest Yearly Hike Rate Since March 2015 In Corporate Service Prices In Japan
According to Bank of Japan statistics released on Tuesday, Japanese corporate services prices increased in April at their quickest rate since early 2015. This was due in part to rising labour costs in the services sector, which is encouraging for… Read More ›
Its Appropriate Time Next Week For A Rate Cut, Says Rehn Of European Central Bank’s Rehn Says
It seems almost certain that there will be an interest rate drop next week after two influential European Central Bank members on Monday threw their support behind the idea. Olli Rehn, the director of Finland’s central bank and a member… Read More ›
According To JPMorgan, Two Of Asia’s “Supremely Interesting” Equity And M&A Markets Are India And Japan
Speaking on Asia’s stock and deal-making landscape, JPMorgan’s Filippo Gori stated at the bank’s Global China Summit on Thursday that India and Japan are two bright spots in Asia’s “supremely interesting” markets. “You have the burning country of Japan. India,… Read More ›
Chinese EV Manufacturers Are Pushing Hard Into Europe Despite The Looming Prospect Of Tariffs
Even as lawmakers speculate that significant tariffs on automobiles from the second-largest economy in the world may be imposed, Chinese electric carmakers are growing their presence in Europe. This week, Nio inaugurated a store in Amsterdam, while last week, Xpeng… Read More ›
How Digital Health Businesses Are Benefiting From The GLP-1 Surge
Losing weight has become a difficult endeavour for Charlotte, North Carolina kindergarten teacher Grey Beard. She had never seen long-lasting effects from any of the five programmes she had attempted in her life. Her fortune began to turn around the… Read More ›