- January 7th, 2025
Chinese electric vehicle company BYD expects its third-quarter net profit to double due to robust sales and effective cost control. The company predicts a net profit of between 9.55 billion yuan ($1.31 billion) and 11.55 billion yuan for the July...
Japan's response to Hamas attacks on Israel has been influenced by concerns about energy security and its diverse diplomatic interests in the Middle East. Initially, Japan remained neutral, but its hesitancy may complicate its stance with its G7 peers. Japan's...
The Biden administration is set to halt shipments of advanced artificial intelligence chips to China, as part of a series of measures to prevent Beijing from receiving advanced U.S. technologies to strengthen its military. The rules, set to take effect...
China's largest private property developer, Country Garden Holdings, is close to defaulting on its $11 billion overseas debt but is yet to make a coupon payment to bond investors. This would be the latest in a series of Chinese developers...
Washington US retail sales increased more than expected in September, driven by increased motor vehicle purchases and spending at restaurants and bars. This data supports expectations of economic growth accelerating in the third quarter. However, the Commerce Department report suggests...
The first agreement negotiated as part of the Indo-Pacific Economic Framework for Prosperity (IPEF) has been released, providing concrete insights into the potential of the agreement to enhance the region's economic architecture. The agreement focuses on supply chain resilience, aiming...
India, the world's second-largest producer of rice, wheat, vegetables, and fruit, is a country that multinational corporations involved in genetically modified (GM) crops cannot ignore. GM crops can boost plant resistance to pests, help grow in difficult conditions like drought,...
The annual IMF/World Bank meetings in Morocco have been the most confrontational yet by US/NATO diplomacy towards China and its BRICS+ allies. The issue is not rivalry, but rather the world's support for US unipolar dominance or a multipolar philosophy...
India, the world's second-largest coal producer, is facing potential layoffs of 73,800 direct workers by 2050, according to a report by state-owned Coal India. The report suggests that close to a million coal mine jobs, or more than a third...
Fifty years ago, Saudi King Faisal and other Arab leaders launched an oil embargo in 1973 as a payback for Washington's support for Israel in its war with Egypt and Syria. The embargo arose from a pact between Faisal and...
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