- December 27th, 2024
India's financial crime watchdog, the Enforcement Directorate (ED), is intensifying its investigation into Walmart-owned Flipkart and Amazon India over alleged foreign investment violations. The escalation comes days after the agency conducted raids on several of the companies’ sellers, marking an...
Japanese investors made a significant pivot in their European bond investments this September, buying the largest volume of German sovereign debt in over five years while simultaneously selling French bonds for the fifth consecutive month. This shift underscores Japan’s mounting...
Asian stock markets took a hit on Monday following news of China’s long-awaited stimulus package, with Hong Kong’s Hang Seng index dropping over 2%. Despite the hefty 6 trillion yuan ($839 billion) stimulus aimed at alleviating local government debt, investor...
In the wake of Hurricane Rafael, Chevron Corporation, one of the world’s largest energy corporations, has initiated the redeployment of personnel and is restoring operations across its Gulf of Mexico platforms, following a temporary shutdown prompted by the storm. The...
Once hailed as the world's largest online shopping festival, China's Singles' Day, celebrated annually on November 11, has lost much of its previous luster. Once marked by a frenzy of consumerism and staggering sales growth, this year’s event has been...
In a landmark development for global climate finance, the Asian Development Bank (ADB) has announced a significant expansion of its climate-related lending by up to $7.2 billion. This move is made possible through new sovereign guarantees provided by the United...
Oil prices extended their decline into a second consecutive day on Monday, as concerns over a tepid demand outlook in China—the world’s largest oil importer—continued to rattle the market. Brent crude futures traded near $74 per barrel after dropping over...
Chinese stocks took a hit as investor expectations for a significant economic stimulus package were left unfulfilled following a high-profile legislative meeting. The decline reflects heightened concerns about China’s ability to tackle its deflationary cycle and navigate a series of...
Beijing’s Economic Revitalization Plans Fail to Bolster Iron Ore, Highlighting Weak Demand and Ample Supply Iron ore prices slid closer to $100 per ton, reflecting investor disappointment over China’s recent economic measures. Despite anticipation for stronger support, Beijing's latest debt-swap...
Vietnam’s government has taken a decisive stand against two of China’s largest online retail platforms, Shein and Temu, declaring that it will block both platforms’ domains and apps within the country if they do not officially register their operations with...
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