Macro

Big Banks Brace for Q1 Earnings Amidst Geopolitical Storms and Market Uncertainty

Big U.S. banks are set to release Q1 earnings amidst geopolitical tensions and market volatility. Discover what to expect from Goldman Sachs, JPMorgan Chase, Citigroup, and Bank of America.

South Korea Secures Oil Lifeline from Kazakhstan Amidst Middle East Tensions

South Korea is close to securing a vital oil supply deal with Kazakhstan, aiming to reduce dependence on the Middle East amid rising geopolitical risks and shipping disruptions.

UK Pauses Chagos Islands Deal Amidst US Opposition and Trump’s Criticism

The UK has paused its plan to transfer the Chagos Islands to Mauritius due to U.S. opposition, particularly from former President Donald Trump, impacting the future of the Diego Garcia military base.

Russia’s Lunar Ambitions Delayed: Mission Pushed to 2028 Amidst Program Setbacks

Russia's space program faces significant delays, pushing its next lunar mission to 2028 amidst budget issues, technical failures, and falling behind global competitors like the US and China.

London Police Arrest Hundreds at Protest Against Palestine Action Ban

Hundreds arrested in London during a protest against the ban on Palestine Action, amid ongoing legal challenges and police policy shifts.

International Declaration by Young Entrepreneurs to promote digital cooperation for emerging economies

A new declaration has been made by leading global young entrepreneurs, calling for stronger actions to boost cooperation in the digital economy to support...

China’s RCEP membership boosts trade value, CPTPP accession to further enhance integration

China's potential accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) could bring tangible economic benefits to participating countries, according to experts...

Mild uptick in CPI and robust GDP growth indicate no deflation in China

Despite the slower pace of price growth in China since the beginning of the year, concerns over deflation in the country are unwarranted, as...

China’s Manufacturing Sector Utilization Rate Stands at 74.5% in Q1

China's industrial capacity utilization rate has fallen to 74.3% in the first quarter of 2023, marking a 1.5% decline compared to the same period...

IMF Experts: China’s Growth to Lift World Economy Amid Global Challenges

The International Monetary Fund (IMF) Resident Representative Office in China and the School of Finance of Nankai University recently held a forum in Tianjin...

Policy Bank in China Increases Support for Water Conservation Projects

China Development Bank (CDB), one of the country's policy banks, has announced its increased financial support for water conservancy projects across China. In the...

Rongchang District Leads the Way in Boosting China’s Private Economy

As China's private companies play an increasingly important role in the country's economy, local governments have been searching for ways to encourage these companies...

Anhui’s Exports Soar 15.5% YoY to $17.2 Billion in Q1 2023

According to a press briefing on Thursday, Anhui province in East China recorded a foreign trade of 177.26 billion yuan ($25.7 billion) in the...

Chinese Government Criticizes US-China Economic and Security Review Commission Report on E-commerce Platforms

China has expressed deep concerns over the recent allegations made against its e-commerce platforms in a research report by the US-China Economic and Security...

Hainan’s Offshore Duty-Free Sales Soar to $26.8 Billion in 12 Years

Haikou Customs reported on Thursday that Hainan, the island province in South China, has generated a whopping 185 billion yuan ($26.8 billion) in total...

Guangzhou Authorities to Boost Private Businesses with New Legislative Changes

Authorities in Guangzhou, the capital of Guangdong province in southern China, are planning new legislative changes to support and boost private businesses. The aim...

China must develop its manufacturing sector towards higher-end, intelligent and better value-added products, experts say.

According to experts, China is expected to expand its high-level opening-up and strengthen international economic and trade cooperation to promote the high-quality development of...

China’s Cultural and Tourism Sectors to Receive Boost from New Campaign

China's Ministry of Culture and Tourism has announced a new campaign to boost consumption in the country's cultural and tourism sectors. Running until the...

China’s Resurging Overseas Demand Set to Bolster 2023 Foreign Trade Growth

China's foreign trade is expected to continue its steady growth in 2023, supported by resurging overseas demand, the country's free trade measures, and various...

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