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3 mins read
China's luxury slump is trickling down to other consumer companies
Companies like Starbucks, Nike, and Estée Lauder have reported falling sales in China as weak consu…
Madeline Berg,Huileng Tan
3 mins read
Is this a good time to invest in gold? Here's what experts are saying
Going ahead, the markets are anticipating that the Fed will further bring down interest rates again…
3 mins read
Not just Fed, but central banks of these countries also tinkered with rate cuts this week
The US Federal Reserve cut interest rates by 50 basis points, causing global markets to surge. Cent…
2 mins read
Some countries are cutting down their workweeks. Greece is doing the exact opposite.
Workers will receive 40% more pay for extra hours and 115% more for holiday work.
Shubhangi Goel
3 mins read
TikTok is training its e-commerce partners on what's worked in China as it doubles down on live selling
TikTok hosted its first US summit for e-commerce agency partners, where it focused on livestream se…
Dan Whateley
4 mins read
Luxury European automakers are getting crushed in China
BMW, Mercedes-Benz and Porsche have suffered sliding sales in the world's largest car market amid r…
Tom Carter
2 mins read
China's growth will fizzle next year despite stimulus efforts, and its issues will drag down neighboring economies, World Bank says
Even with stimulus measures, China's growth will slow next year, weighing on its neighbors' growth …
Kelly Cloonan
3 mins read
Japanese carmakers are losing ground as China surges ahead in the EV race
Toyota, Honda, and Nissan recently reported underwhelming earnings, pressured by China's competitiv…
Tom Carter
3 mins read
It looks like the party's over for luxury goods in China
Luxury retailers say they've been hit by slumping sales in China, while tourism spending in Japan b…
Grace Dean
6 mins read
Why Intel is still so important: Real countries have fabs
Intel is the only US company that knows how to make cutting-edge semiconductors. Without this, Amer…
Alistair Barr
3 mins read
RBIs MPC meet concludes today: Repo rate left unchanged at 6.5%
Treading along expected lines, RBI rate-setting panel left the repo rate unchanged at 6.5% for the …
2 mins read
China's internet censors are trying to crush dissenters' memes and puns. It's a losing battle.
Chineses authorities have launched a campaign to crack down on the use of wordplay to avoid censors…
Mikhaila Friel
5 mins read
Fed cuts rates again, but Trump's tariff plan sparks inflation fears and market uncertainty
The Federal Reserve cut interest rates by 25 basis points. But Trump's tariff proposals raise conce…
Dan DeFrancesco
3 mins read
Americans are probably getting another interest rate cut this week — just days after the election
It's likely that the Federal Reserve will cut interest rates by a quarter point on Thursday, closin…
Ayelet Sheffey,Madison Hoff
6 mins read
American fast-food giants are going big on a China wager, betting they can get the country's new middle class to love them back
As KFC and McDonald's struggle globally, they're driving hard into China with aggressive store expa…
Matthew Loh
4 mins read
Volkswagen stumbles in China as Germany's auto giants struggle to compete in the EV race
Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while ri…
Tom Carter
7 mins read
Can investing in gold this festive season add the much-touted Midas touch to your investments?
Gold prices surpass Rs 80,000 per 10 grams, fueled by inflation and global geopolitical tensions. W…
1 min read
The biggest risk to stocks after Trump's victory is China's reaction to a trade war, research firm says
If Trump's proposed 60% tariff against China is enacted and the country responds aggressively, it c…
Matthew Fox
5 mins read
Saudi Arabia's futuristic city just faced another setback, but the country still has its eyes on being an AI leader
Saudi Arabia's ambitious plans for a futuristic city in the desert faced another setback. Meanwhile…
Dan DeFrancesco
1 min read
The US is pumping more oil than ever, and it's complicating things for other crude-exporting countries
US crude production notched a new monthly record in August. That's not necessarily welcome news to …