July 6, 2024
Chicago 12, Melborne City, USA
China

China’s Property Stimulus Raises Risks for Banks in Smaller Cities, S&P Global Warns

China’s recent measures to stimulate its struggling property market could pose significant risks to banks, particularly those operating in lower-tier cities, according to

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Automotive

Brazil Surpasses Belgium as Leading Market for Chinese Electric Vehicles and Hybrids

Brazil has emerged as the top export destination for Chinese new energy vehicles, surpassing Belgium, according to industry data. This shift comes as

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Europe

Spain to Provide €1 Billion in Military Aid to Ukraine in 2024

Spain has committed to delivering €1 billion ($1.08 billion) worth of military equipment to Ukraine throughout 2024. This agreement was formalized in a

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World

WHO Chief Tedros Confident in Future Pandemic Treaty Agreement

The Director-General of the World Health Organization (WHO), Tedros Adhanom Ghebreyesus, expressed optimism on Monday about the eventual success of a global pandemic

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Americas

Mexico’s Sheinbaum: Independent Yet Influenced by Mentor Lopez Obrador

During the COVID-19 pandemic, Claudia Sheinbaum, then-Mayor of Mexico City, was steadfast in wearing a face mask and encouraging others to do the

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Currencies

Dollar Steady Ahead of Key Global Inflation Data

On Monday, the U.S. dollar held its ground, though it is poised for its first monthly loss this year. Investors are closely watching

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United Kingdom

Sunak’s Summer Election Brings Optimism to Britain’s Financial Sector

As Britain gears up for another election, executives in the City of London are cautiously optimistic about the potential for a new government

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United States

Exiled Chinese Businessman Allegedly Embezzled $1 Billion for Lavish Lifestyle, Prosecutor Claims

Exiled Chinese businessman Miles Guo is accused of defrauding his followers of over $1 billion after Chinese authorities seized his assets, according to

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United States

U.S. Core Capital Goods Orders Rise, Inflation Expectations Improve

New orders for key U.S.-manufactured capital goods showed a stronger-than-expected rebound in April, signaling a potential moderate improvement in business spending on equipment

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United States

Stocks Rebound to Close Higher, But Dow Ends Week Lower

U.S. stocks rebounded on Friday, recovering from sharp losses the previous day, thanks to positive consumer inflation outlook news. This rally propelled the

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