trade tensions

china’s-rare-earth-export-controls-disrupt-auto-industry

World

2 months ago

China’s Rare-Earth Export Controls Disrupt Auto Industry

Overview of Rare-Earth Shortage In recent weeks, automakers have been scrambling to find alternative sources of magnets due to China’s export curbs on rare-earth materials. Frank Eckard, CEO of German magnet maker

wall-street-rallies-as-earnings-season-hits-full-stride

Markets

3 months ago

Wall Street Rallies as Earnings Season Hits Full Stride

Wall Street closed higher on Friday, marking a strong finish to the week, with investors digesting earnings reports and looking for signs of easing tensions in the U.S.-China trade dispute. The S&P

bis-warns-trade-tensions-risk-global-financial-fault-lines

Economy

4 weeks ago

BIS Warns Trade Tensions Risk Global Financial Fault Lines

Carstens calls this a pivotal moment for world stability The Bank for International Settlements (BIS) has issued a stark warning about the fragility of the global financial system, citing rising trade tensions

U.S. Treasurys Weaken as OECD Cuts Growth Outlook

U.S. Treasury yields pared back earlier gains on Tuesday as investors weighed the U.S. economic growth outlook, following a reduction in estimates by the Organization for Economic Co-operation and Development (OECD). Meanwhile,

2 months ago

Economy

China’s Factory Activity Faces Pressure Amid Trade Tensions

China’s factory activity likely contracted for a second consecutive month in May, signaling ongoing struggles amidst trade tensions with major export markets, according to a Reuters poll released on Friday. The factory

2 months ago

Economy

IMF Upgrades UK Growth Forecast Amid Fiscal Challenges

The UK economy is expected to grow slightly more than previously anticipated in 2025, with the International Monetary Fund (IMF) forecasting a 1.2% growth this year and a slight increase to 1.4%

2 months ago

Economy

China’s Industrial Profits Improve, but Challenges Remain

China’s industrial profits showed positive growth in April, offering hope that recent stimulus efforts are helping to stabilize the economy amid rising trade tensions with the United States. Official data released on

2 months ago

Economy

Asian Economies Urged to Avoid Retaliatory Tariffs

As global trade tensions rise, Asian economies are urged to adopt strategic measures to avoid a damaging cycle of retaliatory tariffs. Edward Robinson, the deputy managing director of the Monetary Authority of

2 months ago

Economy

China Cuts Key Lending Rates Amid Economic Stimulus Efforts

China cut its key lending rates by 10 basis points on Tuesday, signaling an effort to boost its economy amid a stronger yuan and easing trade tensions. The People’s Bank of China

2 months ago

Economy

ECB Cuts Interest Rates Amid Growing Trade Tensions

In a move to stabilize the euro zone’s fragile economy, the European Central Bank (ECB) made a 25-basis-point cut to its interest rates on Thursday, lowering its key deposit facility rate to

3 months ago

Economy

LVMH Faces Setback Amid Declining Sales, Overtaken by Hermès

First-Quarter Sales Drop and Market Impact LVMH shares plunged 7.8% on Tuesday, losing its position as the world’s largest luxury firm to rival Hermès. The sharp drop followed a 3% year-on-year fall

3 months ago

Business

Indonesia Central Bank to Intervene as Rupiah Hits Record Low

Bank Indonesia to Act Boldly Amid Global Trade Tensions Indonesia’s central bank, Bank Indonesia (BI), announced its intention to take bold steps to stabilize the rupiah, which has hit a record low

4 months ago

Economy

Canada’s Employment Decline Reflects Tariff Uncertainty

Canada’s Job Market Takes a Hit in March Canada’s labor market showed signs of significant stress in March, as total employment fell and the unemployment rate ticked upwards. The country lost a

4 months ago

Economy

1 2 Next