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Centre hikes import duty on platinum to 15.4%
Import duty on platinum has been increased to a total of 15.4 per cent with effect from Monday thro…
Thieves are targeting car parts as precious industrial metals have become more valuable than gold
Catalytic converters are getting stolen from cars worldwide as prices of rare metals in the car par…
Huileng Tan
China's population decline is having a big impact as marriages, diamond sales, and retail spending drop
Just 3.4 million couples in China got married in the first half of 2024, a 50% decline from what wa…
Jennifer Sor
Beijing refuses to admit its economy has broken down — and that's one reason officials are failing at fixing it, researchers say
China reported GDP growth of 5.2% in 2023. But, it has been in "a running battle to roll out extrao…
Huileng Tan
China released a 22,000-character plan for its economy that doesn't say very much
David Lubin, a senior research fellow of global economy and finance at Chatham House, said the plen…
Huileng Tan
Chinese companies are setting up shop anywhere but China — and the US
Chinese companies now favor greenfield deals over mergers and acquisitions amid geopolitical tensio…
Huileng Tan
China's economy may not overtake the US, but a Trump presidency would still help Beijing: former IMF official
China will find it hard to sustain a growth rate at 4% to 5% in the next few years, said Eswar Pras…
Huileng Tan
A $600 million catalytic-converter theft ring has revealed what happens when the pricey car part is stolen
Three members of a California family pleaded guilty on Monday for their role in a catalytic-convert…
Lloyd Lee
China is telling economists not to talk about deflation or faltering growth, report says
Beijing is discouraging economists from discussing deflation, slumping growth, or falling foreign d…
George Glover
The race to the moon is heating up as lunar resources could top $1 quadrillion in value
The head of Russia's space agency said "the race for the development of the natural resources of th…
Filip De Mott
China's rapidly dwindling future will shape the world for decades to come
Xi Jinping has trapped China in a deep 'psychological funk' that could ruin its economy and wreck i…
Linette Lopez
With catalytic converter thefts skyrocketing, where do all the stolen parts go?
Stolen catalytic converters often end up at scrap yards and auto shops running illicit resale busin…
Azmi Haroun
China is telling anyone who'll listen it's open for business again – but its economy has a Xi Jinping problem
Elon Musk and Janet Yellen have both visited Beijing recently, with China desperate to signal to th…
George Glover
People are getting crushed to death during alleged catalytic converter thefts, a crime on the rise that's now taking a toll on more than just cars
While catalytic converter thefts have risen drastically recently, people have also been killed in t…
Azmi Haroun
China's $10 trillion hidden debt mountain could be the 'ticking time bomb' that Joe Biden warned of
China has faced many economic problems this year, from deflation to record youth unemployment and a…
Joseph Wilkins
Coal emissions increased for the first time in 7 years, pushing the US even further from meeting its 2030 climate goals: analysis
One researcher told The Guardian it was "dismaying" to see that US emissions rose at a faster rate …
DeArbea Walker
America's tech battle with China is about to get ugly
America is beating Beijing in the global AI race — but Xi Jinping's attempts to develop the tech wi…
Linette Lopez
Catalytic converter thefts are on the rise across the country. Russia could make it worse.
The "cats" contain valuable metals — rhodium, palladium, and platinum — that thieves can convert to…
Taiyler Simone Mitchell
Aviation's best bet for cutting emissions is a new kind of fuel but there's nowhere near enough of it
To decarbonize aviation, the US needs to ramp up production of sustainable aviation fuel, which can…
Bianca Giacobone
Rising input and supply chain costs push luxury carmaker Audi to hike prices by 2.4%
Luxury car Audi is about to get a tad more expensive, as the automaker increases its prices for the…