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.

China’s Railways Witness Significant Growth in Passenger Trips and Freight Volume in Q1 2023

According to industry data, China's railway system saw a steady increase in passenger trips and freight volume in the first quarter of 2021. The...

China to bring new opportunities to global enterprises, including French companies

China's Commerce Minister, Wang Wentao, has said that high-level opening-up will be unwaveringly promoted as a State policy to deepen cooperation in global industrial...

China’s unwavering opening-up and enormous domestic market provide unparalleled opportunities for French enterprises

Experts and business leaders agree that closer economic and trade ties between China and European countries will benefit both sides and inject more positive...

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,...

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