Macro

European Markets Rally on Hopes of US-Iran Peace Talks

European stock markets rally to one-month highs on renewed hopes for US-Iran peace talks, while oil prices decline amid diplomatic signals.

United Airlines CEO Explores Merger with American Airlines, Igniting Antitrust Alarms

United Airlines CEO Scott Kirby reportedly proposed a merger with American Airlines, sparking significant antitrust concerns and warnings of negative impacts on consumers.

Taylor Swift Dominates 2026 American Music Awards Nominations with Eight Nods

Taylor Swift leads the 2026 American Music Awards nominations with eight nods, followed by Morgan Wallen, Olivia Dean, Sabrina Carpenter, and SOMBR. The event will be hosted by Queen Latifah and air live on Memorial Day.

China’s YMTC Aims to More Than Double Chip Production Amid US Trade Tensions

Chinese chipmaker YMTC plans to build two new factories, aiming to more than double its wafer production capacity amid escalating US-China trade tensions and a push for domestic semiconductor technology.

Renault Slashes Engineering Workforce Amidst Rising Chinese Competition

Renault plans to cut 15-20% of its global engineering staff over the next two years to boost agility and compete with rising Chinese automakers.

National Energy Administration Reports 11% YoY Jump in China’s Power Use in February

China's electricity consumption, a significant indicator of economic activity, rose by 11% YoY in February, indicating a steady recovery from COVID-19-triggered disruptions. According to...

China’s Economic Recovery Gains Momentum in 2023 with Notable Improvement in Key Indicators

China's economy is demonstrating a strong start in 2023, with the National Bureau of Statistics reporting stabilization and improvement in both demand and supply....

China Has “Huge Room” for Export Growth, Says Economic Affairs Committee Vice-Chairman

According to a senior political advisor, China's exports are expected to continue growing and contribute to the country's overall economic growth this year. The...

China emphasizes expansion of high-level opening-up for trade and investment

As China looks to mitigate the impact of the COVID-19 pandemic, slowing global demand, geo-economic shocks, and fierce competition from the likes of Vietnam...

Experts Suggest Focus on Offshore Duty-Free Sales to Boost Tourism in Hainan

Experts believe that continued efforts to promote the building of the Hainan Free Trade Port as an international tourism consumption center will help attract...

China reaffirms commitment to expanding opening-up policy for multinational companies like Qualcomm

China is continuing its efforts to expand its opening-up policy and offer a world-class business environment for multinational enterprises such as Qualcomm that operate...

Shanghai Gold Exchange Denies Report of Perth Mint Selling Diluted Gold to China

In recent news, the Shanghai Gold Exchange (SGE) and the Perth Mint have found themselves embroiled in a he-said-she-said situation regarding allegations that the...

China expresses willingness to engage in dialogue with US Secretary of Commerce

In typical fashion, China has responded positively to US Secretary of Commerce Gina Raimondo's expressed interest in visiting the country. The Ministry of Commerce...

China Prioritizes Infrastructure Construction to Expand Domestic Demand, Says Chief Economist at CITIC Securities

In China, infrastructure is considered a key driver of economic growth, especially in the short term. Despite other economic engines revving up due to...

Luxshare Precision’s Chairwoman, Wang Laichun, Tops Forbes China’s 100 Power Business Women List for the Ninth Time

Forbes China has released its 100 Power Business Women list, with Luxshare Precision's Chairwoman and Founder, Wang Laichun, taking the top spot for the...

Support for Small-Sized Companies a Priority Among Shanghai Delegates at Two Sessions

Shanghai-based delegates attending China's ongoing two sessions in Beijing are prioritizing the development of private enterprises, especially micro and small-sized companies. Their proposals align...

CNOOC Completes Construction of All 35 Process Modules for Shell-Led LNG Canada Project

China National Offshore Oil Corp (CNOOC), the country's largest offshore oil and gas driller, has announced the completion of construction on all 35 process...

China’s Trade Surplus Expands as Imports Decline in First Two Months of the Year

According to official customs data released on Tuesday, China's imports and exports slightly decreased by 0.8 percent year-on-year to 6.18 trillion yuan ($890 billion)...

Chinese Ministry of Commerce slams US export control list as an act of economic bullying

The Chinese government has condemned the United States' actions to place multiple Chinese entities on an export control list. The move has been described...

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