The Dutch government has yet to define critical aspects of new restrictions on chip-technology exports to China, such as whether ASML Holding NV can service chip-printing machines already sold in the country. “Those details have yet to be worked out,”… Read More ›
Lego said that store openings in China, as well as strong demand in Western Europe and the Americas, resulted in 17% sales growth in 2022, and that it expects to outperform the market this year. Last year, the family-owned company… Read More ›
In January, Japan recorded its largest current account deficit in history, as a combination of the global slowdown and China’s Lunar New Year holidays hampered the country’s ability to earn money through trade. The trade balance, which is part of… Read More ›
There is now more clarity regarding whether Chinese companies can list abroad in the United States. Late Friday night, the China Securities Regulatory Commission unveiled new guidelines that call for domestic businesses to abide by national security measures and the… Read More ›
If Europe wants to meet a globally agreed-upon deadline, strict capital requirements for banks holding cryptoassets must be fast-tracked in the pending banking law of the European Union, according to the bloc’s executive. The implementation of capital requirements for banks’… Read More ›
According to data from trade sources, India’s imports of Russian oil increased to a record 1.4 million barrels per day (bpd) in January, up 9.2% from December. Moscow continued to be New Delhi’s top monthly oil supplier, followed by Iraq… Read More ›
According to Goldman Sachs strategists, by the end of this year, Chinese stocks could rise by as much as 24% due to an economic transition from “reopening to recovery.” According to a note published on Monday, the company anticipates a… Read More ›
Since the beginning of using satellites to measure it in the late 1970s, there is currently less sea ice surrounding the Antarctic continent than at any other time. According to the National Snow and Ice Data Center, this year is exceptional… Read More ›
China is closely monitoring Russia’s progress in the Ukraine, according to NATO Secretary-General Jens Stoltenberg, who also noted that the outcome of the European war will probably have a significant impact on Beijing’s actions in the Asia-Pacific region. “Beijing is… Read More ›
Although British consumers unexpectedly increased their shopping in January, the overall picture still shows weak demand from households struggling with inflation and turning more to retailer sales to make ends meet. Sales volumes increased by 0.5% from December, marking only… Read More ›
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