At the end of April, India officially became the world’s most populous nation. With a fast-growing economy and a young population, will there be an economic bonus to add to the potent symbolic one? According...
Chile is to cut the working week from 45 to 40 hours — a stark contrast to the 48 hours of toil across the rest of Latin America. From four-day weeks to remote work, DW...
There is a fragile calm in the capital markets today ahead of the long holiday weekend for many. The poor US economic data yesterday and third consecutive decline in the KBW bank index weighed on...
Hungary wants to become a key producer of electric vehicle batteries. Government spending has attracted investments, including a new Chinese gigafactory. The sound of whirring, rattling and bleeping fills the springtime air as excavators and...
Three decades after China enshrined the goal of a “socialist market economy” in its constitution, the era of “reform and opening up” appears to have ended, say experts. Thirty years ago, on March 29, 1993, China formally...
The dramatic shift in expectations for Fed policy is a potent shock, with reverberations throughout the capital markets. The business press was full of accounts putting the nearly 50 bp decline in the US two-year...
Many investors may be skeptical of the accuracy of Chinese data, but its stronger than expected February PMI animated the animal spirits and bolstered risk-taking appetites. Asia Pacific equities jumped, led by the 4.2% rally...
The focus is on the US CPI report today, but the price action is anything but intuitive. Although the revisions of the basket and methodological changes reinforce expectations for the largest rise in three months,...
With the market nearly ruling out a 50 bp hike by the Federal Reserve on February 1, the interest rate adjustment appears to have largely run its course. This may be helping to ease the...
Sweden’s state mining company said it found vast amounts of rare earth minerals in a town in northern Sweden, which has the world’s largest underground iron ore mine. Rare earths are used for manufacturing electric...
Chinese businessman Jack Ma is to cede voting rights at the Ant Group in an overhaul prompted by a government crackdown. Ma has largely disappeared from view after criticizing the regulation of tech companies in...
China’s new initiatives to support the property sector helped lift the Hang Seng. And while the China’s CSI 300 edged higher both the Shanghai and Shenzhen composites fell. Most Asia Pacific markets fell, while Europe’s...
