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.

Chinese Manufacturing Sector Should Focus on Global Expansion and Cutting-Edge Technologies, Says TCL Founder

Li Dongsheng, the founder and chairman of Chinese consumer electronics maker TCL Technology Group Corp, has called on China's manufacturers to shift from exporting...

Beibu Gulf Port in China Bucks Container Throughput Trend with 15% YoY Increase in January

Beibu Gulf Port in South China's Guangxi Zhuang autonomous region has achieved a significant increase in container throughput in January, contrary to the trend...

Guangdong Implements New Measures to Support Local Enterprises and Boost Market Vitality

Guangdong province, a major economic powerhouse in southern China, announced on Thursday a series of new measures and policy updates aimed at boosting market...

Guangzhou named among cities approved by China’s Cabinet to build international consumption center cities

The city of Guangzhou, located in Guangdong province, is known as a key center for trade, manufacturing, and commerce in China. Recently, plans were...

Third annual China-UK Business Dialogue held in Guangzhou to promote bilateral trade and economic cooperation

Government officials, senior business executives, and representatives from China and the United Kingdom have expressed a strong desire to promote China-UK trade and economic...

China Defends Market Economy Development Against US Accusations

China's Ministry of Commerce has strongly opposed a recent report released by the office of the United States Trade Representative, claiming it has distorted...

China’s manufacturing and services sectors show widespread improvement in February

China's economic activity, spanning both the manufacturing and services sectors, expanded for the second consecutive month in February, providing the latest glimpse into the...

China’s Economic Growth Potential Continues to Expand with New High-Tech Projects Underway

Dozens of mechanical arms move along a production line while busy robots carrying components weave about in a science and technology park in North...

Hong Kong Chief Executive urges NPC deputies to boost city’s integration into China’s development

Hong Kong Chief Executive John Lee Ka-chiu is placing high hopes on the city's 36 deputies sitting in the National People's Congress (NPC), the...

China’s GDP reaches $17.44 trillion, making it the world’s second-largest economy

China's economy remains strong despite facing pressures and challenges from a gloomy global outlook, slowing external demand, and a weak property sector. According to...

Macao businesses set to receive boost from new measures in Guangdong-Macao In-Depth Cooperation Zone

The Guangdong-Macao In-Depth Cooperation Zone in Hengqin has issued new measures to support the development of Macao-invested companies in the zone. The updated measures...

Tibet autonomous region implements new regulation to boost small and medium-size enterprises

According to the Department of Economy and Information Technology of the Tibet autonomous region, the region will implement a new regulation on promoting the...

China’s Canton Fair Returns With Expansion, Featuring Industrial Automation and Intelligent Manufacturing

After three years of the COVID-19 pandemic, the China Import and Export Fair, widely known as the Canton Fair, is set to resume physical...

Walmart China’s Fourth Quarter Growth Sparks Recovery of Consumer Goods and Retail Sectors

Industry insiders have pointed to Walmart China's strong fourth-quarter growth as a sign of a steady recovery for the fast-moving consumer goods and retail...

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