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Money
Global debt hits new record of $305T in Q1
Led by China, US, global debt rises by $3.3T year-on-year Global debt hit a new record of $305 trillion in…
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Business
Brent oil prices up on hope of stronger Chinese demand
Declining Omicron cases in Shanghai boost hopes for rising oil demand Oil prices rose on Thursday driven by signs that…
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Business
China removes 3-year ban on Canadian canola seed
Ban widely seen as retaliation for Meng Wanzhou’s arrest China lifted a three-year ban on Canadian canola seed imports, which…
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Business
China’s economy cools sharply in April as lockdowns bite
China’s economic activity cooled sharply in April as widening COVID-19 lockdowns took a heavy toll on consumption, industrial production and…
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Business
China trade weakens after cities shut down to fight virus
China’s export growth tumbled in April as global demand weakened, adding to pressure on the world’s second-largest economy after Shanghai…
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Business
Asian stock markets slip, European see slight recovery
China’s Shanghai stock exchange only positive performer in Asia, European stocks on the up after days of massive losses China…
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Business
Eurozone investor sentiment sinks to 23-month low
Expectations index also hits lowest level since December 2008 The investor sentiment index for the eurozone continued to decline in…
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Business
China lockdowns weigh on Adidas’s first-quarter profit
German sportswear heavyweight Adidas on Friday reported a drop in its profits in the first quarter, as widespread coronavirus lockdowns…
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Business
Global LNG trade up 4.5% in 2021 as economic recovery continues
Out of global LNG demand, Asia continues as leading importing region Global LNG imports increased year on year by 4.5%…
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Business
Enough raw metals to produce 14M electric cars globally in 2023, study shows
Even if raw material supplies tighten and remain below battery factory capacity, 21M battery electricity cars could still be produced…
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