Recent observations reveal a marked shift in consumer behavior across China. Take, for example, the case of Coco Wen—a young professional who once celebrated her birthday with lavish dining but now opts for a modest home-cooked meal. Wen’s decision is not an isolated one; it reflects a broader...

U.S. President Donald Trump’s imposition of a 25% steel duty has sent shockwaves through global supply chains. The new tariffs are set to disrupt established steel transshipment routes that have allowed Chinese steel to reach U.S. markets via intermediary countries. This decision not only...

The possibility of the United States halting its extensive foreign assistance program has sparked significant concern among nations that depend on this funding for survival and development. With USAID at the heart of humanitarian relief, health initiatives, and security programs, any sudden...

Recent signals in European bond markets indicate that investors are increasingly anticipating a fresh wave of joint borrowing to finance a significant boost in defence spending. As European governments explore avenues to address mounting security concerns, the prospect of issuing joint defence...

China’s recent assertion that Taiwan is set to “give away” its semiconductor industry to the United States has ignited a firestorm of geopolitical debate. Beijing’s claim centers on allegations that Taiwan’s leadership is using its technological prowess—as epitomized by the world’s leading contract...

After years of withdrawal, the Russian market now presents a vastly different competitive arena. The exit of many Western brands during the height of geopolitical tensions has left a void that local and Chinese companies have rapidly filled. This transformation challenges any potential return by...

State-owned China International Capital Corp (CICC) is set to merge with China Galaxy Securities in a deal executed via a share swap. This strategic move will combine the assets of both firms to total approximately US$193 billion, positioning the newly formed entity as China’s third-largest...

By the end of 2024, the Bundesbank (Germany's Federal Bank) reported losses amounting to €19.2 billion, based on its statements. The German regulatory authority experienced financial losses for the first time since 1979. Politico reported that the Bundesbank revealed losses of €21.6 billion in...

The cryptocurrency world has been rocked by the recent Bybit hack, in which hackers made off with $1.5 billion in ether tokens from a supposedly secure cold wallet. This record-breaking theft is the largest crypto heist ever recorded, and it has sent shockwaves through an industry already reeling...