According to data from global trade intelligence company ImportGenius made available exclusively to Reuters, e-commerce behemoth Shein is sending more inexpensive clothing and household goods to U.S. warehouses from China to shorten shipping times for customers. Shein, famous for its… Read More ›
Government advisors in China are divided over the appropriate course of action due to the country’s economic slowdown, with supporters of structural reforms now coming out of the shadows to take on others who want to increase state spending to… Read More ›
Though some investors are sceptical that the US Federal Reserve will stick to its guns, the central bank’s intentions for a protracted period of high interest rates might continue to pressure equities and bonds in the months to come. In… Read More ›
Following the economy’s hesitant stabilisation, state media outlet CCTV claimed on Wednesday that China would expedite the deployment of additional policies to support its economic recovery. The news was based on a cabinet meeting presided over by Premier Li Qiang…. Read More ›
China and Russia pledged Tuesday to forge ever-closer economic ties despite opposition from the West following Russia’s invasion of Ukraine last year. China supported expanded cross-border connectivity with Russia as well as stronger mutual trade and investment cooperation. Tuesday’s “in-depth”… Read More ›
As tensions build following Prime Minister Justin Trudeau’s statement that police are looking into “credible allegations” linking New Delhi’s operatives to the death of Sikh separatist leader Hardeep Singh Nijjar, trade discussions between India and Canada have been hampered. On… Read More ›
A study released on Tuesday revealed that political unrest and a faltering economy are eroding the confidence of American companies doing business in China, with the percentage of firms confident in their five-year outlook at a record low. According to… Read More ›
The parent company of the grocery delivery service Instacart, Maplebear Inc., announced on Monday that the price of its initial public offering (IPO) at the upper end of its suggested range resulted in a $9.9 billion fully diluted value. This… Read More ›
The US Federal Reserve is not expected to increase interest rates during its meeting on October 31 to November 1, according to Goldman Sachs strategists, who also predicted that when policymakers meet next week, the U.S. central bank would raise its… Read More ›
After the successful offering of its Arm company, SoftBank is seeking deals in artificial intelligence (AI), including a prospective investment in OpenAI, the Financial Times reported on Saturday. Masayoshi Son, the founder and CEO of SoftBank, plans to invest tens… Read More ›
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