World

The recent trends in China’s industrial profits signal a concerning reality for the nation’s economic purview, as figures released for October illustrate a 10% decline compared to the previous year. This downturn not only underlines the fragility of corporate earnings but also raises questions regarding the effectiveness of Beijing’s attempts at economic stimulation. Such declines
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As President-elect Donald Trump prepares to take office on January 20, 2024, he has set his sights firmly on reshaping America’s trade landscape, particularly concerning China, Mexico, and Canada. Announcing his intention to impose an additional 10% tariff on all Chinese imports through a post on his social media platform, Trump proposes significant economic measures
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As the political landscape shifts, the newly introduced Department of Government Efficiency (DOGE) under President-elect Donald Trump has raised eyebrows across various sectors. Investors are advised to tread cautiously in this uncertain terrain, particularly concerning the potential ramifications for government contractors. Financial analyst Roman Schweizer from TD Cowen has expressed significant apprehension about the future
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In October, Japan’s inflation rate reported a decline, landing at 2.3%. This figure marks the lowest point since January and reflects a decrease from September’s rate of 2.5%. Additionally, the government-sanctioned core inflation rate, which carefully excludes fresh food prices, maintained the same figure at 2.3%, down from 2.4% the preceding month. While these numbers
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Baidu, often dubbed the ‘Google of China,’ has become a beacon of innovation in the tech ecosystem, especially in the realm of artificial intelligence (AI). However, the company’s latest earnings report revealed a complex narrative blending both challenges and advancements. In the third quarter, Baidu experienced a 3% decline in year-on-year revenue, yet managed to
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In recent years, Hong Kong has faced significant economic challenges, marked by a downturn in its financial markets, decreased capital inflows, and high-profile corporate exits. As the region grapples with a prolonged decline, the urgency for revitalization has never been more pronounced. Vice Premier He Lifeng’s recent declarations during the Global Financial Leaders Investment Summit
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