Xi Jinping’s government hopes to see a 5% economic growth rate in 2025, the same goal as 2024, despite slowing consumer demand at home and what looks like a new trade war with Trump. China aims...
Tariff & Trump: Mexico and Canada say they will respond by imposing tariffs of their own, despite a retaliation clause in the US order. Meanwhile, China pledged to challenge the US move before the WTO....
The US dollar recorded lows for the month against many of the major currencies yesterday but has come back bid today. We had anticipated some consolidation ahead of the conclusion of the FOMC meeting tomorrow,...
Tech stocks, especially those linked to artificial intelligence plunged on Monday due to speculation around the possible impact of a breakthrough made by Chinese startup DeepSeek. Tech stocks plunged on Monday after claims of advances by...
Southeast Asian leaders are bracing for potential tariffs and shifting US alliances following Donald Trump’s reelection. Could his return bring heightened economic risks or unexpected opportunities for the region? Southeast Asian leaders joined their counterparts...
The crisis around Volkswagen hits at the very heart of German engineering excellence. It’s a legend among European automakers, but can it survive the jump to EVs and beat out Chinese competition? It’s hard to...
For years, Chinese industrial orders helped create and support thousands of well-paid jobs in Germany. But the Asian giant’s economic slowdown has led to lower demand for German goods and dampened growth prospects. The German economy has...
Turkey is increasing its engagement in several African countries in an effort to boost its influence and trade. But with China and Russia being the dominant players there, Ankara is struggling to find its role....
Beijing’s most senior trade official was touring Europe this week, in a last-minute bid to avert the threat of special EU tariffs on electric vehicles from China. China’s commerce minister, Wang Wentao, wrapped up a...
Western sanctions on Russia have spurred trade in China’s renminbi to new highs. The curbs are helping China to test the dollar’s status as the world’s reserve currency, sparking new tariff threats from Donald Trump....
German luxury carmaker BMW says it is recalling the vehicles over an apparent brake problem. Partly as a result, the Bavarian company is lowering its sales and profit expectations. BMW on Tuesday announced a far-ranging recall...
The Canadian government says it will impose a 100% tariff on imports of Chinese-made electric vehicles — matching levies introduced by the US. Prime Minister Justin Trudeau on Monday announced a 100% tariff on imports...
