Macro

Bessent Urges Japan to Hike Rates and Strengthen Yen

US Treasury Secretary Scott Bessent called on Japan to raise interest rates and steady its finances, pointing to a possible Bank of Japan hike in September

Anthropic Signs $35 Billion Cloud Deal With Nvidia-Backed Lambda

Anthropic has agreed to a $35 billion cloud computing deal with Nvidia-backed Lambda, adding to a rapid series of AI compute commitments.

Global Bond Selloff Pushes Yields to Highest Levels Since 2008

A worldwide bond selloff has pushed government yields to their highest since 2008, raising mortgage, loan and financing costs for households and businesses

John Ternus Takes Over as Apple CEO, Ending Cook’s 15-Year Run

John Ternus became Apple's CEO on Tuesday, ending Tim Cook's 15-year run as the company faces AI pressure and rising memory prices.

Global Bond Yields Hit Multi-Decade Highs as Iran Conflict Revives Inflation Fears

Bond yields surged across major markets on September 1 as US-Iran hostilities revived energy and inflation fears, driving Japan and UK rates to decades-hig

China’s growth and global expansion to fuel need for project professionals, says PMI CEO

According to Pierre Le Manh, the president and CEO of the Project Management Institute (PMI), China's ongoing economic growth and its companies' push to...

China Unveils New Policies to Secure Foreign Trade Orders and Upgrade Trading Structure

At the State Council Executive Meeting chaired by Premier Li Qiang, a raft of policy measures were decided upon to secure foreign trade orders...

Expert Suggests Mutual Recognition of Professional Standards in Greater Bay Area

According to James Chang, managing partner of regional economic clusters and south markets at PwC China, creating a group identity is a top priority...

Ganqmod Port, the largest highway port between China and Mongolia, experiences booming trade

According to official data, Ganqmod Port, the largest highway port between China and Mongolia, has seen a significant increase in trade volume in the...

China and France expected to strengthen economic ties

According to industry experts and business leaders, China and France are poised to deepen their commercial relations and expand trade, investment, and other collaborations...

Shanghai Solidifies Status as Top Destination for Foreign Investment with New Policies

The municipal government of Shanghai has unveiled a comprehensive set of policies aimed at promoting international trade and attracting foreign investment. The measures, which...

Chinese Economy Shows Resilience as Entrepreneurs and Bankers Report Normal Functioning in Q1

Chinese entrepreneurs and bankers have shown increased confidence in the country's macroeconomic outlook in the first quarter of this year, according to a survey...

Brazil boosts yuan holdings as trade ties with China strengthen

On Friday, the Central Bank of Brazil announced that the Chinese yuan, also known as the renminbi, has overtaken the euro to become the...

China’s Manufacturing Sector Expands for Third Straight Month in March

China's manufacturing sector expanded for the third consecutive month in March, according to data released by the National Bureau of Statistics on Friday. The...

China and Singapore Sign MOU on Upgraded FTA, Commit to Wider Economic Cooperation

Over the weekend, China and Singapore inked a Memorandum of Understanding, announcing the successful conclusion of subsequent negotiations on an upgraded bilateral free trade...

Guangdong Province Urges Cities and Departments to Double Efforts in Attracting Foreign Investment

Guangdong province, one of China's key economic powerhouses, is looking to attract offshore investment in a bid to promote high-quality development. To this end,...

Shanghai’s Trade Volume with RCEP Members Grows by 2.5% in First Two Months of 2023

Shanghai, a bustling metropolis in eastern China, has set a new record high in foreign trade with an impressive figure of 681.56 billion yuan...

China and Russia’s Trade Surges 36.4% in First Two Months of 2023, Boosting Economic Cooperation

As trade between China and Russia continues to grow and energy remains a major focus, industry analysts and market observers anticipate increased energy cooperation...

China Takes Proactive Measures to Protect Economic Recovery Amid Rising Global Financial Uncertainties

Experts predict that China's central bank will implement further policy measures to safeguard the country's economic recovery from external uncertainties. This comes after the...

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