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EU seeks EV rules clarity before signing key US mineral deal
The European Union is seeking to clarify several issues with the US before signing an agreement on critical minerals designed to give EU companies access…
India seeks $2 trillion exports by 2030 in supply chain push
India’s laid out an ambitious target of hitting $2 trillion annually in overall exports by 2030 as the South Asian country makes a renewed push…
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Taiwan is pushing Biden for a tax deal that could infuriate China
President Joe Biden wants to bring the world’s most sophisticated chipmakers to the US. Taiwan says he should offer them a better tax deal –-…
Malaysia’s Anwar urges China to reenergize Belt and Road plan
Malaysian Prime Minister Anwar Ibrahim made a pitch for China to reinvigorate its Belt and Road Initiative, as he urged for collaboration among countries.
Sunak sees Brexit boost as UK nears Indo-Pacific trade bloc deal
Prime Minister Rishi Sunak hailed the prospect of the UK joining an 11-nation Indo-Pacific free-trade bloc, amid expectations that accession will be agreed as soon…
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Gross Domestic Product, fourth quarter and year 2022 (third estimate), GDP by industry and corporate profits
Real gross domestic product (GDP) increased at an annual rate of 2.6 percent in the fourth quarter of 2022 (table 1), according to the "third"…
South Korea to pass its own ‘Chips Act’ amid US-China friction
South Korea’s parliament is expected to approve a bill Thursday to boost the country’s powerhouse semiconductor industry by giving firms tax breaks to spur investments.
Retail sales growth in US expected to slow, trade group says
US retail sales are expected to reach between $5.13 trillion and $5.23 trillion, growing 4% to 6% by the end of 2023, according to the…
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Brazil pushes China for closer farm ties ahead of Lula’s visit
Hundreds of Brazilian agribusiness leaders flooded Beijing this week even before the arrival of President Luiz Inacio Lula da Silva, who’s betting a high-stakes trip…
NRF forecasts 2023 retail sales to grow between 4% and 6%
The National Retail Federation today issued its annual forecast, anticipating that retail sales will grow between 4% and 6% in 2023. In total, NRF projects…