Wall Street rallies on softer-than-feared Trump trade policies
The Dow Jones Industrial Average surged on Tuesday as investors reacted positively to President Donald Trump’s comments and initial actions on trade policy, which appeared...
Tag : China
China industrial profits fall 4.7 percent in first eleven months of 2024
China’s National Bureau of Statistics reported a 4.7 percent decline in the combined profits of major industrial enterprises for the January-to-November period of 2024. The...
Russia embraces cryptocurrencies to counter sanctions and grow trade
Russia has begun utilizing Bitcoin and other cryptocurrencies for international payments as part of its efforts to mitigate the impact of Western sanctions, according to...
US launches investigation into China’s semiconductor industry practices
The United States has launched an investigation into China’s semiconductor industry, citing concerns over anti-competitive practices that could undermine U.S. economic and national security interests....
IEA report urges stronger policy support for low-emissions hydrogen demand
MENA Newswire News Desk: A new report by the International Energy Agency (IEA) reveals a surge in low-emissions hydrogen projects, driven by increasing investment and...
Russia ramps up daily gold buying by 700% starting September 6
MENA Newswire News Desk: Russia has escalated its daily gold purchases by 700%, the country’s Finance Ministry revealed on Wednesday. From September 6 to October...
China’s economy struggles as manufacturing and property sectors slump
China's economic foundations are under intense strain as key sectors struggle to maintain momentum. Factory activity contracted for a fourth consecutive month in August, signaling...
Typhoon Gaemi wreaks havoc in China’s Fujian province
Typhoon Gaemi, the season's third major storm, has wreaked havoc across Fujian Province, impacting over 766,000 residents and causing direct economic losses totaling approximately 1.6...
China’s cooking oil scandal leads to surge in sales of home oil presses
A recent scandal involving cooking oil in China has led to a surge in local demand for home oil presses, reflecting growing concerns about food...
Stockpiles grow as China’s oil imports continue to decline
Amidst the scenic sunsets over Heilongjiang's Daqing oil field, the backdrop for China's oil sector tells a different story, with the nation grappling with a...