According to headhunters and bankers, job losses at Western investment banks in Asia are anticipated to escalate this year as revenue constraints mount from China’s escalating economic and market unrest, even as transaction opportunities improve in Japan and India. They… Read More ›
Governments and lawmakers in the EU reached a weakened agreement about the labour rights of employees at Uber, Deliveroo, and other internet businesses. After opposition from France, Ireland, Greece, Lithuania, and other nations scuttled the preliminary agreement that the two… Read More ›
Deputy Administrator Ilya Espino of the Panama Canal told Reuters that the canal does not anticipate the need for more vessel passage limits until at least April, when its authority would assess water levels at the conclusion of the dry… Read More ›
China’s producer and consumer prices fell in January at the fastest rates in over 14 years, increasing pressure on officials to take further action to boost the country’s flagging economy and reduce the risk of deflation. Since early last year,… Read More ›
In September, a patent for a new high-performance chip was released by a military institute in Beijing. This was the first indication of China’s attempt to reshape the half-trillion dollar global semiconductor business while defying US sanctions. According to the… Read More ›
India’s stock markets have surpassed Hong Kong’s to become the fourth largest in the world as investors swarm to a rapidly expanding alternative to China’s collapsing stock indexes. India continues to draw international investors, who can make a variety of… Read More ›
The outcomes were satisfactory yet insufficient. Wall Street responded in this way on Tuesday to Alphabet and Microsoft’s quarterly earnings. Despite the fact that both companies’ revenue and earnings beat projections, the stocks fell during prolonged trading. The equities were… Read More ›
Citing China’s fiscal support measures and the surprising resilience of the U.S. economy, the International Monetary Fund revised up its prediction for global growth. It now projects 3.1% global growth in 2024, up 0.2 percentage points from its previous October… Read More ›
Meyer Burger, a Swiss solar panel manufacturer, has warned that it may have to close its loss-making production unit in Germany unless the government intervenes with financial support. Meyer Burger is facing intense competition from China. “Chinese manufacturers are deliberately… Read More ›
Ahead of the Lunar New Year in Asia and as a result of attacks on Red Sea shipping, which force businesses to obtain more expensive air cargo space, global air freight costs have increased for the first time in seven… Read More ›
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