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IMPACT ON CHINA
PetroChina forecasts Chinese oil consumption will drop 4.9% this yearChina's oil use is set to decline in 2026. This shift comes as the nation embraces new energy sources and faces elevated oil prices. PetroC...18 Jun, 2026, 04.29 PM IST- Pizza Hut: From $600 loan to 20,000 stores and the new $2.7 billion twist for the global empirePizza Hut, a nearly 70-year-old American icon, has been split in a $2.7 billion deal. Yum Brands is selling its international business outs...17 Jun, 2026, 04.58 PM IST
- World's top miners BHP, Rio Tinto see India emerging as steel's next growth frontier beyond ChinaGlobal mining giants BHP and Rio Tinto are focusing on India for future steel demand. India's rapid urbanisation and infrastructure project...16 Jun, 2026, 11.46 AM IST
- Nepal's foreign minister visits China after calling on regional rival IndiaNepal's Foreign Minister Shisir Khanal met China's top diplomat following a recent visit to India, presenting a challenge for Beijing's reg...16 Jun, 2026, 10.46 AM IST
- China's May retail sales fall for first time in over three yearsChina's economy shows a worrying split in May. While factories are humming with strong exports, consumer spending took a hit, with retail s...16 Jun, 2026, 09.27 AM IST
- After Iran, China has a powerful new oil price weaponChina has emerged as the world's first oil "swing importer," significantly reducing its imports by a third to an eight-year low. This move,...16 Jun, 2026, 09.19 AM IST
- Era of software and MBA is over; time to respect welders, plumbers and electricians: Chief Economic Advisor Nageswaran"The technological advance cannot take away your employability. So you should equip yourself with trade skills. The globalising world gave ...16 Jun, 2026, 07.29 AM IST
- Is the Iran war just an energy shock - or a turning point?A potential U.S.-Iran peace deal to reopen the Strait of Hormuz could signal a watershed moment for global energy markets, moving beyond a ...16 Jun, 2026, 06.41 AM IST
- Exports rise 18% to 6-month high in May; trade deficit widensIndia's merchandise exports reached a record $45.2 billion in May. Imports also grew, leading to a trade deficit of $28.21 billion. Commerc...16 Jun, 2026, 12.17 AM IST
- Anthropic block marks US reversal, warning to Silicon ValleyAmerica has taken a significant step by blocking foreign access to Anthropic's top AI models. This move follows concerns about bypassing se...15 Jun, 2026, 10.42 AM IST
- Why Trump and other G7 leaders meeting without China might be a mistakeThe G7, a club of wealthy nations, faces questions about excluding China. China's economy now surpasses most G7 members. However, the G7's ...14 Jun, 2026, 10.08 AM IST
- Trump and other G7 leaders are meeting without China. Is that a mistake?The G7, a club of wealthy nations, faces questions about its relevance without China. China's economy now surpasses most G7 members. Howeve...14 Jun, 2026, 07.34 AM IST
- CLSA set to vanish as brand after 40 years in Asian brokerage: ReportHong Kong-based CLSA will be rebranded under Citic Securities from 2027, ending a brokerage brand known for its distinctive culture and str...13 Jun, 2026, 04.14 PM IST
- India's productivity gap with China widens despite strong GDP growth; manufacturing leap still missing: ReportIndia's labour productivity gap with China has widened significantly since 2000, despite strong economic growth. The country has yet to ach...13 Jun, 2026, 12.27 PM IST
- Global rice production was 713 million tonnes per year during 2006-2015, saw growth: StudyGlobal rice production saw significant growth from the 1960s to the 2010s. This increase was primarily due to management decisions such as ...12 Jun, 2026, 05.17 PM IST
- World Bank cuts global growth forecast to 2.5%; India seen growing 6.6% amid Iran warGlobal economic growth is set to slow to 2.5% this year. The World Bank attributes this to the Iran war, which has driven up energy prices ...11 Jun, 2026, 07.06 PM IST
- China's global ecommerce push stalls as Iran war lifts costs, dampens demandThe business models, based on flying $5 dresses from Chinese factories to shoppers around the world, were already under pressure after U.S....08 Jun, 2026, 09.39 AM IST
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