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

Guangdong government promises to strengthen follow-up services for private investment projects.

The Guangdong provincial government is taking steps to strengthen its efforts to support the development of private investment. In a recent move, the government...

China’s Financial Sector to Benefit from Central Financial Commission Analysts Say

China's decision to establish a central financial commission has been lauded by analysts as a crucial move towards strengthening and refining financial supervision, and...

China to Enhance Border and Cross-Border Economic Cooperation Zones for Greater Trade and Investment

China is set to bolster its border and cross-border economic cooperation zones with a set of 15 new measures aimed at expanding their layout...

Global Companies Remain Confident in China’s Market, Increasing Investment

Market analysts and business executives stated on Friday that global corporations are resolute in their belief that increasing investment in China is a wise...

Female GMs Leading the Way: Marriott and J Hotel Set Examples in China’s Hospitality Industry

Zhang Xin has found the hospitality industry to be incredibly appealing, having worked in it for over 25 years, starting as a receptionist and...

Hainan’s Free Trade Port draws global attention as foreign officials attend development seminars

Foreign business officials who attended a recent seminar in Haikou, Hainan province, have expressed their belief that the Hainan Free Trade Port (FTP) will...

Canton Fair to Fully Resume Offline Activities this Spring with Over 30,000 Participating Enterprises

The Canton Fair, also known as the China Import and Export Fair, is set to resume all on-site activities in Guangzhou from April 15...

China mulls new policies to stabilize foreign trade amid external challenges

China is taking steps to support its enterprises and stabilize foreign trade growth, according to the Ministry of Commerce. Shu Jueting, a spokeswoman for...

Analysts optimistic about China’s economic outlook in 2023

China's economy is showing early signs of a palpable recovery in the first two months of 2023, providing economists with a hopeful outlook for...

China Intensifies Efforts to Promote High-Quality Development in Cross-Border Economic Zones

In a recent announcement, the Chinese Ministry of Commerce has revealed its intention to intensify efforts towards promoting high-quality development in border and cross-border...

RCEP trade spurs growth in China and Asia-Pacific economies via inland railway links

According to government officials and market observers, China's inland cities are expected to increase their use of railroad links to seaports in order to...

China’s Economic Activity Picks Up Pace in January-February 2023

China's economy is showing signs of stabilization and acceleration, with the National Bureau of Statistics reporting a marked improvement in key economic data for...

China’s Foreign Trade in Goods Registers $25.9B Surplus in February

China's foreign trade in goods registered a surplus of $25.9 billion in February, according to the State Administration of Foreign Exchange (SAFE). The figure...

China’s Cross-Border E-Commerce Empowers Small Businesses and Stabilizes Foreign Trade, Experts Say

According to experts, cross-border e-commerce has become a crucial factor in stabilizing China's foreign trade while providing micro, small and medium-sized enterprises (MSMEs) and...

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