Economy

China Dives Deep: New Tourist Submersible Poised to Unlock Underwater Adventures

China is developing its first tourist submersible to reach depths of 1,000 meters, aiming to launch commercial deep-sea tourism by 2030. Learn about the engineering, safety, and market potential of this new venture.

Tesla China Sales Surge in March, Marking Fifth Consecutive Month of Growth

Tesla's China-made electric vehicle sales experienced an 8.7% year-over-year increase in March, marking the fifth consecutive month of growth and highlighting the company's resilience in a competitive market.

China Bolsters Digital Yuan Reach: 12 New Banks Join E-CNY Network

China expands its digital yuan program by adding 12 new banks, increasing the total number of authorized operators to 22. The move aims to boost adoption and accessibility of the e-CNY.

Geopolitical Tensions and Market Jitters Force Global Companies, Including Visma, to Postpone IPO Plans

Global companies, including Visma, are delaying IPOs due to Middle East conflict and market volatility, impacting various sectors and startups worldwide.

China Orders Refiners To Sustain Fuel Output As Middle East War Disrupts Oil Flows

China has instructed independent oil refiners to maintain fuel production at last year’s levels, even if it means operating at a loss, to ensure domestic supply amid war-driven oil disruptions and surging prices.

China Dives Deep: New Tourist Submersible Poised to Unlock Underwater Adventures

China is developing its first tourist submersible to reach depths of 1,000 meters, aiming to launch commercial deep-sea tourism by 2030. Learn about the engineering, safety, and market potential of this new venture.

Nexstar Media Group Secures Over $5 Billion in Debt Financing for TEGNA Acquisition

Nexstar Media Group announces a $5.12 billion debt offering, including senior secured and senior notes, to finance its acquisition of TEGNA Inc. Details on the financing package and Nexstar's market position.

China’s Commerce Minister to Address Global Trade Challenges at WTO Conference in Yaounde

China's Minister of Commerce Wang Wentao will attend the WTO Ministerial Conference in Yaounde, Cameroon, to discuss global trade challenges, WTO reform, and Africa's industrialization.

China Launches $13.4 Billion Push for Foreign Investment in Key Industries

China's NDRC has unveiled a $13.4 billion plan to fuel foreign investment in manufacturing, logistics, and R&D, broadening global participation and targeting industrial innovation.

China’s Economy Surges Ahead in Early 2026, Beating Expectations Amidst Global Uncertainty

China's economy has kicked off 2026 with a robust performance, as key indicators for industrial output and retail sales significantly surpassed market forecasts for...

Hong Kong Budget 2026-27: Tax Relief and Investment Boost for Residents and Businesses

Hong Kong's 2026-27 budget announces significant tax relief for individuals and businesses, alongside major investments in AI, IP, and the Northern Metropolis, aiming for economic recovery and growth.

China Holds Steady: Benchmark Lending Rates Unchanged Amid Economic Balancing Act

China's central bank keeps benchmark lending rates unchanged for the ninth consecutive month, navigating economic slowdowns, currency strength, and domestic demand challenges.

France Passes 2026 Budget After Tumultuous Political Stalemate

France's 2026 budget is officially passed after months of political deadlock and successful navigation of no-confidence votes by Prime Minister Lecornu's government.

Australia Lifts Cash Rate to 3.85% as Inflation Re-Accelerates

Australia’s central bank raised its cash rate target to 3.85% after inflation picked up in the second half of 2025, prompting lenders to lift variable mortgage rates in the days ahead.

Europe’s IPO market surges to fastest start since 1995, led by major defence listing

Europe’s IPO market has started 2026 at a record pace, with early listings raising hopes of a revival as investors return and major flotations boost confidence.

Singapore expected to keep policy steady as growth beats forecasts and inflation stays contained

Singapore is expected to keep monetary policy unchanged as growth strengthens and inflation remains contained, giving MAS room to maintain a stable exchange-rate stance.

German business confidence stabilizes as outlook improves slightly and current view softens

Germany’s Ifo business climate index held steady in January at 87.6, showing cautious sentiment as expectations improved slightly while firms judged current conditions more negatively.

Beijing sets 4.5%–5% growth goal as China weighs lower 2026 GDP target

China is expected to set a 2026 GDP growth target range of 4.5% to 5% to gain policy flexibility, while Beijing sets a similar growth goal for the next five years.

China’s Property Woes Trigger Art Market Meltdown

China's once-booming art market is experiencing a significant downturn, directly linked to the ongoing property crisis gripping the nation. The fallout from the real...

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