Forecast 2025: A welcome economic rebound
Clearing skies with a chance of showers. Businesses can look forward to a gradually improving operating environment in 2025, thanks to lower interest rates, moderating…
China Dec factory activity expands at slower pace as trade risks rise
China's manufacturing activity grew for a third straight month in December but barely, an official factory survey showed on Tuesday, suggesting the effects of policy…
Brazil to work toward Mercosur-UAE deal in coming months, Lula tells UAE president
Brazilian President Luiz Inacio Lula da Silva told his Emirati counterpart on Monday that Brazil will work to seal a deal between South American trade…
U.S. International Investment Position, 3rd Quarter 2024
The U.S. net international investment position, the difference between U.S. residents’ foreign financial assets and liabilities, was –$23.60 trillion at the end of the third…
Philadelphia CBP Officers intercept $1.4M in counterfeit PA vehicle inspection decals from Israel
U.S. Customs and Border Protection officers recently seized 22,000 counterfeit Pennsylvania vehicle inspection stickers that were shipped from Israel to an address in Philadelphia. The…
South Korea Dec exports seen up for 15th month in row, but momentum slowing
South Korea's export growth is expected to have risen in December for a 15th straight month, but analysts feel momentum could moderate in the year…
Oil prices set for weekly gain on China expectations
Oil prices rose almost 1% on Friday and was on track for a weekly gain, spurred by expectations of a stimulus-driven economic recovery in China,…
Shell shuts down oil processing unit to investigate leak, Singapore’s port authority says
Shell has shut down an oil processing unit at its Pulau Bukom facility to investigate a suspected leak, Singapore's Maritime and Port Authority (MPA) and…
Nippon Steel’s US Steel takeover plan has support in steelmaking areas, executive says
Japan's Nippon Steel is seeing support for its proposal to acquire U.S. Steel in the regions of the United States where steel mills are located,…
Russia is using bitcoin in foreign trade, finance minister says
Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western…
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