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CHINA WAGE RISE
Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...
China's factory inflation hits 3-year high as energy costs surgeChina's producer inflation rose to a near three-year high of 3.9% in May, driven by higher energy costs and AI-related demand, while consum...
Charting the global economy: Jobs, inflation feed rate-hike betsStrong hiring across sectors and expanding manufacturing activity signal labor market strength, while upcoming US price data and ECB decisi...
OECD warns prolonged Middle East war could sharply slow global growthThe global economy faces uncertainty due to the Middle East conflict. The OECD warns of recession and rising inflation if the war continues...
Global Market: China's services sector growth hits three-month high in May, demand improvesChina's services sector experienced its fastest growth in three months during May, driven by robust domestic demand and a rebound in overse...
War & AImpact: China's export-price jump fastest in 3 yearsChina's export prices surged 5% in April, the fastest in three years, driven by global energy costs and AI demand for commodities like oil,...
Canadian billionaire Kevin O'Leary calls Gen Z 'idiots' for wasting money on coffee and sandwichesCanadian billionaire Kevin O'Leary urges young people to stop spending on daily coffee and sandwiches. He advises investing this money to b...
China isn’t giving up its factory crownChina's push for manufacturing dominance is making global supply chains vulnerable. This strategy forces other nations to rethink their ind...
Economic outlook at risk of further deterioration, OECD saysOECD Secretary General Mathias Cormann stated that the ongoing Middle East conflict is worsening global economic risks, exerting downward p...
MSME auto suppliers seek relief from carmakers as rising labour and input costs hurtSmall auto component suppliers are facing severe financial strain. They are urging major car makers to help manage rising wages, energy, an...
Charting the global economy: Inflation mounts as war drags onThe Iran war is causing global economic disruption. Inflation is rising, impacting consumers and markets worldwide. The US sees its worst i...
Gulf shipping standoff hits world’s most vulnerable farmersGlobal supply chain disruptions, exacerbated by international conflicts, are making essential farming inputs scarce and unaffordable for sm...
Why did the US stock market crash today? Dow Jones, S&P 500 and Nasdaq sink deep into red as Iran tensions and soaring oil prices fuel fresh inflation fears across Wall StreetUS stock market crash today shocked Wall Street after US CPI inflation jumped to 3.8%, the highest level in three years. The Dow Jones fell...
Village braces for closure of Spain's largest nuclear plantAs Spain eyes a greener future, the Almaraz nuclear plant stands at a crossroads. Set for closure by 2028, the facility's fate is now up in...
Energy shock from Iran war delays rate cuts, sets up divergent paths for Fed, ECB and BoJThe Iran war's impact on energy prices is forcing central banks to reassess policy. Robeco anticipates the Fed will cut rates twice this ye...
US criticizes China's pressure on African countries to block Taiwan president's tripThe United States expresses concern as African nations reportedly denied Taiwan's president airspace access at China's direction. This acti...
Is the Indian middle class dream over? Saurabh Mukherjea on the 3 forces crushing your futureIndia's middle class is in deep trouble. Education no longer guarantees prosperity. Jobs are disappearing, especially in IT. Wages are not ...
Saurabh Mukherjea has moved half his personal portfolio out of India; here's whySaurabh Mukherjea, founder of Marcellus Investment Managers, has shifted his personal portfolio to a 50-50 split between Indian and global ...
Charting the global economy: War fuels inflation, saps sentimentSurging fuel costs from the Iran war are driving a rapid increase in global inflation and a significant drop in consumer confidence.
- Foxconn to pass on wage rise to customers
Foxconn Technology Group says its customers, will have to pay more after it increased wages in China by nearly two thirds in the aftermath ...