The ongoing trade tensions between the European Union (EU) and China have reached a critical point, with Brussels recently rejecting a proposal from Beijing to set a minimum price for electric vehicles (EVs) imported from China. This move comes amid a broader investigation into Chinese subsidies...

According to a press release from the Semiconductor Industry Association (SIA), global semiconductor revenue increased by 20.6% to $53.12 billion in August, rising from $44.04 billion in the previous year's same month. This is the greatest increase since April 2022. In August, there was a 3.5%...

According to the Norwegian Foreign Ministry website, Norway has become a part of the EU sanctions towards Belarus. The latest sanctions mirror the actions the EU imposed on Belarus on June 29, 2024. The sanctions are broad and impact various parts of the Belarusian economy, such as trade, services,...

The European Central Bank (ECB) is expected to announce interest rate cuts on October 17, highlighting a shift in monetary policy driven by weak economic growth and the potential for inflation to fall below its 2% target. This insight comes from Francois Villeroy de Galhau, the Chief of the French...

In September, the U.S. job market demonstrated remarkable resilience, posting significant gains that highlight the underlying strength of the economy. Nonfarm payrolls surged by 254,000, the highest increase in six months, while the unemployment rate dipped to 4.1%. This performance raises critical...

In recent years, China's real estate market has faced significant challenges, primarily due to regulatory crackdowns and shifting economic dynamics. The property sector, once a cornerstone of the economy—accounting for approximately 25% of China's GDP—has struggled under the weight of increasing...

The value of stocks of European auto companies has dropped significantly in recent months due to worsening financial predictions, but now they have hit rock bottom and are poised for a comeback, as stated by a team of analysts from British bank Barclays headed by Henning Cosman. They mentioned that...

Bank of England analysts believe that global asset prices are still too high and may experience major drops due to increasing worries about geopolitical risks. Valuations for various asset categories, especially stocks, have rapidly increased back to high levels after dropping in August. The...

Josep Borrell, EU High Representative for Foreign Affairs, expressed worries about the possibility of a widespread conflict in the Middle East and stated that the EU disapproved of the Iranian missile strikes on Israel. “The EU strongly denounces Iran's attack on Israel. There is a risky pattern of...