China International Capital Corp (CICC) is implementing a major cost-cutting measure by slashing the base pay of …
Category:
International News
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CommoditiesFeatureInternational NewsNews
Gold prices to see 8% rise in ’24 – World Bank
by Nada Aliby Nada AliGold prices are expected to hold steady near their recent record highs for the remainder of 2024, …
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Hong Kong’s economy is expected to continue its moderate growth streak, with first-quarter GDP projected within a …
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FeatureInternational NewsNewsTech newsTech/AI
China’s EV industry on shaky ground
by Nada Aliby Nada AliChina’s electric vehicle (EV) industry is experiencing explosive growth, with production capacity surging at a pace exceeding …
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BanksFeatureInternational NewsMoneyNews
China’s PBC injects liquidity into banking system
by Nada Aliby Nada AliThe People’s Bank of China (PBC) injected on Sunday 2 billion yuan ($281.47 million) through a seven-day …
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FeatureIndustry & TradeInternational NewsNews
US economy slows to 1.6% in Q1 of ’24 – BEA
by Nada Aliby Nada AliThe US economy grew at a sluggish 1.6 per cent annual rate in the first quarter of …
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FeatureIndustry & TradeInternational NewsNewsTech newsTech/AI
Volkswagen vows to hold ground in China’s EV price war
by Nada Aliby Nada AliVolkswagen, facing intense competition in China’s electric vehicle (EV) market, is setting a target to maintain its …
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FeatureIndustry & TradeInternational NewsNews
US core capital goods orders slightly up in March
by Aya Anwarby Aya AnwarUS core capital goods orders saw a moderate increase in new orders in March, with revised data …
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The International Energy Agency (IEA) has adjusted its forecast for Russian gas production in 2024, predicting a …
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FeatureInternational NewsNews
US mortgage rates hit highest level in 5m – MBA weekly survey
by Aya Anwarby Aya AnwarMortgage rates in the US surged to their highest point in five months, leading to a decline …
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