The International Monetary Fund is issuing a warning against market overconfidence as investors wait for central bankers to successfully execute a “soft landing” in their protracted fight against inflation. Markets have been “quite optimistic” since the October edition of the… Read More ›
Data released on Tuesday indicated that China’s economy expanded more quickly than anticipated in the first quarter, providing some respite to policymakers as they work to support growth in the face of persistent weakness in the real estate market and… Read More ›
According to two US Federal Reserve members who joined the chorus of American central bankers, the members are downplaying the need to cut interest rates in the face of persistent inflation. One of them issued a warning, stating that should… Read More ›
According to a regional survey, most Southeast Asians would side with China rather than the United States if they had to choose, yet some nations that feel threatened by Beijing’s claims in the South China Sea still favour Washington. Since… Read More ›
An official factory survey released on Sunday revealed that China’s manufacturing activity increased in March for the first time in six months, providing policymakers with some respite even as the country’s economy and confidence continue to be negatively impacted by… Read More ›
According to Nirmala Sitharaman, the finance minister of India, the Indian economy is anticipated to grow at the similar rate in 2023–2024, highlighting the benefits of better macroeconomic stability and inflation control. In the quarter ending March 31, India’s GDP is expected… Read More ›
There is growing optimism regarding the transformative potential of generative artificial intelligence. We’re only getting started with this AI computing ramp, as Nvidia CEO Jensen Huang recently stated to CNBC’s Jim Cramer following the announcement of a new generation of… Read More ›
Huawei, a Chinese telecoms giant, reported on Friday that improved product offerings contributed to a more than doubled net profit for 2023. The corporation further ascribed the profit increases to a 9.6% yearly increase in revenue, or 704.2 billion yuan… Read More ›
US Treasury Secretary Janet Yellen has cautioned that China is using the global economy as a dumping ground for its cheaper renewable energy products, lowering market prices and hurting green manufacturing in the United States. “I am concerned about global… Read More ›
China will remove anti-dumping and anti-subsidy taxes on Australian wine on March 29, the Chinese commerce ministry announced on Thursday, capping three years of punishing penalties and providing long-awaited relief to Australian wine producers. The tariffs of up to 218.4%… Read More ›
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