Economy

Shandong’s crude stockpiles reached record highs in March amid intensifying US sanctions. This was due to Chinese teapot refiners increasing their imports of sanctioned crude, defying the US sanctions, Vortexa said…

Oil prices retreated on Thursday as trade tensions between the US and China escalated. This comes even as Trump reciprocal tariffs on most trading partners for 90-days. However, the sentiments in the…

IndiGo, India’s largest carrier, momentarily ascended to the pinnacle of the global aviation market on Wednesday, overtaking Delta Air Lines to become the world’s most valuable airline by market capitalisation,…

China’s consumer and producer prices are heading in opposite directions as the country grapples with falling global demand, a worsening trade war with the US, and domestic efforts to boost…

Electricity demand to power AI technology and data centres by the end of this decade will require more than Japan’s electricity consumption today.The consumption of electricity by data centres is…

The phrase “Sell America” has evolved from a trading meme to a financial reality. From US Treasuries to the US Dollar all the way to the biggest US stocks.This week,…

Digital assets exhibit significant bearishness, as the latest Trump tariff waves triggered massive crypto liquidations. As fear dominated the sector, Binance CEO Richard Teng weighed in on the escalating trade…

The global luxury industry is bracing for its longest downturn in more than two decades, as Donald Trump’s sweeping new tariffs fuel concerns of a worldwide recession. Hopes that affluent…

Oil prices experienced a sharp decline as trade tensions between China and the US escalated. Prices reached a four-year low on Wednesday, marking its worst five-day losing streak in three…