Tycoon Running a Quarter of China’s Copper Trade Is on the Ropes
He Jinbi’s empire is suffering a liquidity crisis, and the ripple effects may go global.
Charting the Global Economy: Inflation Winds Keep Blowing Strong
Inflation continues to rattle the global economy, forcing monetary authorities to strengthen efforts to extinguish it.
Adani to Inject $2.5 Billion in Cement Arm Son Will Now Helm
Billionaire Gautam Adani will inject 200 billion rupees ($2.5 billion) into a cement firm and get his son to oversee this newly acquired business, as…
American Structural Steel Leads the Way as White House Prioritizes Low-Carbon Construction Materials
Federal agencies will prioritize the purchase of key low-carbon construction materials, the White House announced Thursday, the latest action in its Federal Buy Clean initiative.
Philippines Sees Record Current Account Gap as Imports Surge
The Philippine central bank raised its forecast for the current account gap to a record, reflecting a surge in imports on the back of the…
Korea’s Exports of Key Memory Chip Plummet as Demand Chills
South Korea’s exports of its most lucrative memory chip fell by the most since 2019, indicating a deepening slump in technology demand central to global…
New DHL Trade Growth Atlas: Global trade surprisingly strong despite recent shocks
• DHL Trade Growth Atlas maps the most important trends in global trade • International trade in goods has surged to as high as 10%…
Trilateral joint statement from the trade and labor ministers of the United States, Japan, and the European Union on the International Labor Organization’s global forced labor estimates
Ambassador Katherine Tai, United States Trade Representative, Secretary Marty Walsh, U.S. Department of Labor, Nishimura Yasutoshi, Minister of Economy, Trade and Industry of Japan, Kato…
August retail sales supported by job and wage gains amid continued inflation
Consumers’ willingness to spend overcame inflation again in August as more jobs and higher wages helped ease some of the pressure of continuing high prices,…
US import prices slid in August, offering some inflation relief
US import prices fell for a second straight month in August, offering one source of relief from inflationary pressures, with a strengthening dollar helping to…
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