Global Trade
BYD: Potential New EV Leader, Overtaking Tesla
BYD, headquartered in Shenzhen and specializing in electric vehicles (EVs), stands on the cusp of surpassing industry giant Tesla to become the leading global EV...
Q3 Report: US New Vehicle Sales Defy UAW Strike Concerns
Global automakers have reported a significant surge in new vehicle sales in the US during the third quarter of this year. Leading the charge, General...
TSMC Sees Significant Stock Value Decline
Taiwan Semiconductor Manufacturing Co. (TSMC) is experiencing a significant decline in its stock value, surpassing any other in Asia since mid-June. This trend is indicative...
Citi Analysts: Brent Prices Face Decline in 4Q and 2024
In a remarkable surge, oil prices catapulted an impressive 28% on average over the past quarter, attaining four-month peaks. This dramatic upswing can be attributed...
World Bank Lowers 2024 Forecast for China, Cites Global Factors
In its semi-annual regional update released on Sunday, the World Bank affirmed its economic growth projection for China in 2023 at 5.1%, holding steady from...
30-Year Treasury Yields Surge, Sparking Concerns
The 30-Year Treasury Yields are poised for their most substantial quarterly surge since 2009, causing apprehension that the recent bond market turmoil may send ripples...
Automakers Play Catch-Up as China Dominates EV Market
Electric vehicles (EVs) are revolutionizing the automotive industry, redefining the very essence of technologies and manufacturing processes that have long defined industry giants like Ford,...
US Gaming Giant Roblox Takes Careful Steps into China
Roblox, the prominent US based online gaming company, has undertaken a measured approach in its pursuit of the China market. In 2019, the company unveiled...
Amazon Fuels AI Revolution with $4B Anthropic Investment
Amazon announced on Monday a substantial investment of $4 billion in San Francisco-based AI company Anthropic. This development mirrors Microsoft’s (MSFT) $10 billion investment in...
China’s Cyberspace Administration Targets App Stores
In a significant move aimed at tightening control over its digital landscape, China’s Cyberspace Administration (CAC) has released a list of 26 mobile app stores...
