Macro

Wall Street Bets on Private Credit Woes with New Derivatives

Wall Street banks are trading new derivatives, including credit default swaps, to bet on potential stress and defaults within the rapidly growing private credit market.

Olivia Rodrigo Drops New Single ‘Drop Dead’ and Makes Surprise Coachella Appearance

Olivia Rodrigo releases her new single 'Drop Dead' and performs it live at Coachella, signaling a new romantic direction for her upcoming album.

Trump Organization Eyes Tbilisi Skyline with Ambitious New Skyscraper Project

The Trump Organization is planning a new luxury skyscraper in Tbilisi, Georgia, featuring a hotel and residences, as part of its international expansion strategy.

Jury Rules Live Nation and Ticketmaster Operated as an Illegal Monopoly, Overcharging Fans

A jury found Live Nation and Ticketmaster guilty of antitrust violations, ruling they operated as an illegal monopoly and overcharged fans. The verdict moves to a remedies phase, potentially leading to significant industry changes.

Judge Halts Nexstar-Tegna Merger Amid Antitrust Fears

Federal judge blocks Nexstar-Tegna merger over antitrust concerns, halting the $6.2 billion deal pending a trial. State AGs and DirecTV celebrated the ruling.

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...

China opens new cargo consolidation hub for China-Europe freight trains

A new cargo consolidation hub has been inaugurated in Shenyang, the capital of Liaoning province in Northeast China. The China Railway Express (Shenyang) Hub...

China’s Foreign Trade Shows Strong Resilience Despite Unfriendly Environment

Many people are concerned about the state of the global market and believe that demand is declining sharply. However, this assessment may not necessarily...

China doubles down on attracting foreign investment, expands market access and improves services

China has set its sights on attracting and utilizing more foreign investment this year, as outlined in the Government Work Report submitted to the...

Private Enterprises to Receive More Support and Level Playing Field, Says All-China Federation of Industry and Commerce Chairman

In an effort to promote the growth of the private economy, Gao Yunlong, chairman of the All-China Federation of Industry and Commerce, announced on...

China’s Fiscal Revenue Expected to Improve as Economy Rebounds, Says Finance Minister

China's Finance Minister Liu Kun has highlighted the country's fiscal revenue growth prospects for the year ahead, pointing to an expected improvement in the...

China’s Commitment to Economic Liberalization Highlighted in Government Work Report

China is determined to continue its efforts to attract and utilize foreign investment, and this goal has been highlighted in the Government Work Report...

China to Intensify Efforts to Stabilize Foreign Trade Amidst Global Challenges

Chinese officials and experts have announced plans to ramp up efforts to stabilize foreign trade and improve trade structures to support the growth of...

China’s services sector shows strong growth in February

China's services sector activity continued to expand for a second consecutive month in February, indicating a rebound in the country's economy after the pandemic....

Chinese Spokesperson Says Hong Kong National Security Law Brings Stability and Improved Business Environment

The formulation and enactment of the Law on Safeguarding National Security in the Hong Kong Special Administrative Region is an important milestone in the...

Private Sector in Hong Kong SAR Expands at Fastest Pace Since May 2021, S&P Global Reports

According to a report released on Friday by S&P Global, the S&P Global Hong Kong SAR Purchasing Managers' Index registered 53.9 in February, up...

Hong Kong Welcomes First Large-Scale Mainland Tourism Inspection Group Since Pandemic Outbreak

Hong Kong Special Administrative Region has recently received its first large-scale tourism inspection group from the Chinese mainland since the outbreak of the COVID-19...

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