After a tumultuous 2023, many predict the European economy is poised for a transitional year as significant impediments — high inflation and increasing interest rates — recede into the past. Despite the eurozone’s difficult economic background, the pan-European Stoxx 600… Read More ›
China’s population is anticipated to fall for the second consecutive year in 2023 due to an increase in COVID-related deaths after the country abruptly lifted severe lockdowns, while low trust in the economy’s prospects keeps birth rates low. Demographers predict… Read More ›
The top Republicans and Democrats in the US Congress have worked out an agreement to keep the government funded through the current fiscal year, but if it isn’t passed by January 19th, several federal agencies will start to shut down…. Read More ›
Global shippers of essential goods have been caught off guard by recent skirmishes in the Red Sea, but this is by far means the only problem big ships are confronting as 2024 gets underway. The 90% global trade economy, according… Read More ›
Ocean freight charges are rising as a result of carriers postponing plans to resume transits via the Red Sea, a crucial route that connects to the Suez Canal commerce route, following a missile strike and attempted kidnapping of a Maersk… Read More ›
Over the next two years, copper prices are expected to rise by more than 75% due to disruptions in the mining supply and increased demand for the metal brought on by the push for renewable energy sources. Copper prices will… Read More ›
According to tanker monitoring data, U.S. liquefied natural gas shipments reached monthly and yearly record highs in December. Analysts believe this puts the country in a strong position to overtake Australia and Qatar as the world’s top LNG exporter by… Read More ›
A private-sector survey released on Tuesday revealed that while China’s factory activity increased more quickly in December due to higher output improvements and new orders, business confidence for 2024 remained low. At the end of 2023, the Caixin/S&P Global Manufacturing… Read More ›
According to corporate records, a seasoned software executive from Silicon Valley took the lead last year at a startup in his home China. The business disclosed to prospective investors that it would market software for designing microchips, which is mostly… Read More ›
After a terrible 2022, tech stocks recovered, helping the Nasdaq experience one of its best years in the previous 20 years. The tech-heavy Nasdaq ended 2023 up 43%, its best year since 2020, which was marginally higher, following last year’s… Read More ›
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