Macro

Oil Climbs as Hopes for Imminent Strait of Hormuz Deal Fade

Crude climbs above $84 in the U.S. and past $89 internationally as hopes for an imminent Strait of Hormuz reopening deal collapse into deadlock.

Alpha Compute to Buy Pennsylvania Land for $55 Million Data Center Campus

Alpha Compute plans to acquire land and gas rights in Pennsylvania for a $55 million data center campus powered by on-site natural gas.

Sea Limited Shares Surge 9% as Revenue Climbs 48% and Shopee Outlook Strengthens

Sea Limited shares rose about 9% after quarterly revenue climbed 48% and the company delivered a stronger outlook for its Shopee e-commerce business.

US Existing Home Sales Fall 1.7% in July as Record Prices Deter Buyers

US existing home sales dropped 1.7% in July as record prices and the highest mortgage rates in a year kept many prospective buyers out of the market.

Barclays Downgrades Gap and Under Armour in U.S. Apparel Retailer Reshuffle

Barclays cut its ratings on Gap and Under Armour in a reshuffle of U.S. apparel retailers, citing limited upside amid uneven consumer demand.

Over 34,000 Exhibitors to Attend China’s Largest Trade Event

The 133rd China Import and Export Fair, also known as the Canton Fair, is set to open this spring with a new ferry terminal...

UN World Data Forum 2023: Advancing Sustainable Development with Data

The fourth United Nations World Data Forum is set to take place from April 24 to 27 in Hangzhou, East China's Zhejiang province, according...

China’s IP Court Streamlines Appeal Process, Improving Quality of Trials and Law-Based Environment for Innovators

China has become an increasingly popular venue for resolving international intellectual property disputes, according to a recent report by the Intellectual Property Court of...

IMF predicts positive spillovers from China’s economic growth in 2023

According to the International Monetary Fund (IMF), China's economy is projected to grow at a rate of 5.2 percent this year following the reopening...

China’s CPI Dips to an 18-Month Low in March

China's consumer inflation eased in March, reaching an 18-month low, while factory-gate prices showed an annual fall for the sixth consecutive month, according to...

Hopeful Signals Abound in China’s Latest Economic Data

According to recent data released by the National Bureau of Statistics of China, the country's major economic indexes have been in the expansion zone...

China’s special medical zone in Hainan attracts more patients in 2023

China's Boao Lecheng International Medical Tourism Pilot Zone has seen a surge in visitors in the first two months of 2023, with over 34,000...

Made-in-China.com Marketing Campaign Sees Surge in Overseas Orders

Made-in-China.com, a platform connecting global buyers with Chinese suppliers, has launched a marketing campaign to help Chinese suppliers find quality buyers and explore new...

China’s Bulk Commodity Market Sees Growth in March Amid Increased Demand

According to recent industrial data, China's bulk commodity market has experienced improving fundamentals, as sales and demand rebounded in March. The China Federation of...

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...

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