The export of gallium and germanium, two metals crucial to the creation of semiconductors and other high-tech goods, has been restricted, according to China's Ministry of Commerce. Additionally, China is limiting the export of a number of substances. The restriction will go into force on August...

Business surveys released on Monday revealed a decline in global industrial activity in June as weak demand in China and Europe clouded the picture for exporters.   Manufacturing shrank more quickly than initially anticipated across the euro zone as the European Central Bank's ongoing policy...

According to a central bank survey, business optimism in Japan increased in the second quarter as raw material prices reached their high and pandemic restrictions were relaxed, indicating the economy was on track for a gradual recovery.   According to the quarterly "tankan" released on...

Experts claim that because the American economy appears to be more reliable, people now favor American funds. In 2023, European funds suffered a loss of around $27 billion as more and more investors changed their plans in favor of American funds, reports Bloomberg using data from Bank of America....

European diplomats have informed Iran that once the current round of sanctions expires in October 2023, they still aim to continue targeting the nation's ballistic missile program. The potential sale of missiles to Russia is one of the factors that led to this choice, writes Reuters. According to...

Nvidia and AMD chips, which are utilized in artificial intelligence, may not be exported to China, according to the WSJ. President of the United States Joe Biden is considering banning the export of American chips used in artificial intelligence, reports The Wall Street Journal. The newspaper...

According to a widely watched research, 130 nations, or 98% of the world's economies, are currently studying digital versions of their national currencies, with over half in advanced development, pilot, or launch stages.   According to analysis by the American think tank Atlantic Council...

Weibo, a social media platform in China, announced that it has suspended accounts of three economic analysts who, it claimed, were disseminating "negative and malicious" information about the country's economy, including data on unemployment and stock market conditions. One of China's most...

According to HSBC Asset Management, the U.S. will experience a slowdown in the fourth quarter, which will be followed by a "year of contraction and a European recession in 2024."   Recession indicators are "flashing red" for many economies, according to the asset manager of the British...