As the global semiconductor industry faces uncertain times, China is bolstering its strategies to counter potential U.S. trade restrictions that could resurface under the administration of a new American president. With previous restrictions during Donald Trump’s first term and recent limitations...

In a notable move within the cryptocurrency and financial technology sectors, a coalition of prominent companies, including Robinhood, Kraken, and Galaxy Digital, recently announced the launch of a new stablecoin named USDG. This collaborative effort, known as the Global Dollar Network, seeks to...

In a week filled with critical economic data, the U.S. Federal Reserve's outlook remains cautiously optimistic as recent indicators reveal easing price pressures and a gradually cooling job market, pointing to a controlled economic slowdown. While employment growth slowed in October due to external...

Skydio, a US drone producer, is encountering a supply chain dilemma due to sanctions implemented by China, as per the report from the Financial Times (FT). The company's drones are employed by allies of the United States such as Israel and the United Kingdom. Skydio also conducts deliveries in...

China's manufacturing sector is showing tentative signs of recovery, as new data highlights an upswing in both production and domestic demand. October marks the first time in six months that China's manufacturing activity has expanded, reflecting positive outcomes from Beijing’s latest round of...

The eurozone economy exceeded expectations in the third quarter of this year, posting modest growth even as ongoing global trade tensions and an underperforming industrial sector cast a shadow on future outlooks. The Eurostat data, released Wednesday, revealed that gross domestic product (GDP) in...

The U.S. economy's continued strength is casting a significant influence on the upcoming presidential election, where economic performance, inflation, and wage growth are pivotal points of contention. With the Commerce Department set to release its advance estimate of third-quarter gross domestic...

As demand for liquefied natural gas (LNG) in Asia surges, the Panama Canal is working to reclaim the LNG traffic it lost to longer routes around South America due to recent disruptions. The Panama Canal Authority (PCA) has introduced a new reservation system aimed at incentivizing U.S. LNG...

The European Union has made a bold move by imposing tariffs on electric vehicles (EVs) imported from China, escalating its stance in the competitive global EV market. The new tariffs, which are as high as 45.3%, aim to level the playing field for European carmakers by counteracting what the EU...