BYD posted a net profit of RMB 9.16 billion in the first quarter of 2025, a year-on-year increase of 100.4 percent, marking its fastest profit growth in nearly two years. Revenue climbed 36.35 percent to RMB 170.36 billion, driven by… Read More ›
Entrepreneurship
Brazil’s Cocoa Renaissance: Moises Schmidt’s Vision to Transform Global Chocolate Supply
In the heart of Bahia, Brazil, Moises Schmidt is spearheading a transformative venture poised to redefine global cocoa production. With an ambitious $300 million investment, Schmidt’s project aims to establish the world’s largest cocoa farm, spanning 10,000 hectares. This initiative… Read More ›
The Race for Humanoid Robotics: U.S. Tech Giants Face Tough Competition from China
Humanoid robots, powered by artificial intelligence, are emerging as a groundbreaking technology poised to reshape industries worldwide. Designed to mimic human movement and behavior, these machines have the potential to revolutionize sectors ranging from manufacturing to healthcare and service industries…. Read More ›
Recession Fears Grip U.S. as Consumers and CFOs Brace for Economic Slowdown
Recent surveys indicate that consumer confidence in the U.S. has been on a steady decline. Key indices that measure future spending optimism have registered significant drops, suggesting that many households are beginning to prepare for tougher economic conditions ahead. With… Read More ›
EU Trade Chief’s Diplomatic Effort: Steering Clear of ‘Harmful’ U.S. Tariffs
In a high-stakes effort to avert steep tariffs on European goods, EU Trade Commissioner Maros Šefčovič convened with top U.S. trade officials. During these pivotal discussions, he met with Commerce Secretary Howard Lutnick, U.S. Trade Representative Jamieson Greer, and senior… Read More ›
Asia’s Quest for Economic Diversification: Navigating Trump’s “America First” Push
Aggressive tariff policies pursued by the Trump administration have set off a wave of caution among Asian investors and policymakers. With tariffs now a recurring feature of U.S. trade policy, financiers across Asia are rethinking their traditional reliance on American… Read More ›
Wall Street in the Red: Gloom and Uncertainty Drive Market Decline
Investor sentiment on Wall Street has taken a significant hit as stocks slide amid a host of economic and geopolitical headwinds. Recent surveys and market data point to a broad-based loss of confidence, with indicators of consumer pessimism and volatile… Read More ›
Early Summer Could Spark Economic Turbulence in India
In a season marked by unprecedented early heat, India is facing serious economic repercussions across multiple sectors. Traditional industries, agriculture, small businesses, and consumer spending have all come under pressure as the country grapples with climate-induced shifts. A series of… Read More ›
China’s Deflation Shock: Investors Brace As Consumer Prices Turn Negative
China’s consumer price index (CPI) plunged 0.7% year-on-year in February, marking the first time in over 13 months that the benchmark fell into negative territory. The steep decline was largely driven by significant drops in food, tobacco, and alcohol prices,… Read More ›
Tariff Tussle Stokes Fears Of Recession Amid Mixed Market Signals
In recent weeks, markets have been thrown into disarray as investors digest a series of inconsistent tariff measures announced by the Trump administration. Amid rapid policy reversals and conflicting messages, market participants are increasingly worried that these trade moves could… Read More ›