Germany’s Scholz urges VW to avoid factory closures
German Chancellor Olaf Scholz urged Volkswagen AG to reconsider plans to shut down factories, stressing the…
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China
Latin America’s transport sector holds neutral ’25 outlook
Fitch Ratings has maintained a neutral outlook for Latin America's transportation infrastructure sector in 2025
S. Arabia cuts oil prices for Asia
Saudi Arabia has announced significant cuts to oil prices for Asian buyers, exceeding market expectations, as the…
China’s gold reserves hit 72.96m ounces in November
China’s gold reserves saw a modest increase in November, reaching 72.96 million ounces, up from 72.8 million ounces…
China’s FX reserves rise to $3.27t in Nov
China’s foreign exchange reserves rose by 0.15 per cent month-on-month to $3.2659 trillion at the end of November
Global trade set to hit $33tn in ’24
Global trade is set to hit a record $33 trillion in 2024, marking a $1 trillion increase with 3.3 per cent annual…
Nepal, China sign agreement on Belt & Road Initiative
Nepal recently signed a framework agreement with China on the Belt and Road Initiative.
German lawmaker pushes for trade deal with Trump
German conservative lawmaker Jens Spahn has urged the government to pursue a united strategy with US…
S&P Global: China services activity slows in Nov. ’24
The seasonally adjusted Caixin China General Services Business Activity Index was 51.5 in November 2024, down from…
German business sentiment in China hits record low in ’24
Business sentiment among German companies in China has reached an all-time low, according to the German Chamber of…
