More: Economics
EU Moves to Reduce China Dependency with New Supply Chain Diversification Rules
The European Union is preparing new rules that would require companies in the bloc to diversify their supply chains and reduce reliance on a...
Iran War Disrupts Hormuz Oil Flow and Raises Questions Over Petrodollar Dominance
The ongoing conflict involving Iran and disruptions in the Strait of Hormuz are placing growing strain on the global oil trading system, which has...
Global Companies Face $25 Billion Hit as Iran War Drives Energy Shock and Supply Chain Crisis
The ongoing conflict involving Iran has created a major global economic shock, with businesses around the world absorbing at least twenty five billion dollars...
China Economic Growth Slows as Retail Sales and Factory Output Weaken in April
China experienced a noticeable slowdown in economic momentum at the start of the second quarter as factory output, retail sales, and investment activity all...
Australia AI Budget Push Faces Questions Over Startup Incentives and Real Productivity Gains
The latest federal budget in Australia has once again highlighted artificial intelligence as a key driver of future productivity growth. However, experts argue that...
China and Hong Kong Stocks Fall as Weak Data and Middle East Tensions Hurt Markets
Stock markets in China and Hong Kong declined sharply as investors reacted to weaker than expected economic data, rising tensions in the Middle East,...
China Pledges Seventeen Billion Dollar US Farm Goods Purchase Amid Trade Reset
China has committed to purchasing at least seventeen billion dollars worth of agricultural products from the United States over the next three years, according...
Trump, Xi and Europe’s Macedonian Moment
In the marble halls of Beijing’s Great Hall of the People this week, President Donald Trump and President Xi Jinping concluded a summit many...
Africa Forward Summit Backs New Financial Architecture & Guarantee to Unlock Jobs & Investment
The African Development Bank Group secured major political momentum for the New African Financial Architecture for Development (NAFAD) at the Africa Forward Summit, as...
Trump Returns From China With Trade Stability but No Major Breakthrough
President Donald Trump's visit to Beijing highlighted a shift in U. S.-China relations after the trade tensions of the previous year. The summit between...