Economy

China, aiming to restructure its economy and meet ambitious growth targets, has pledged to address overproduction challenges in its steel and oil sectors, according to a Bloomberg report.These two industries,…

The EUR/USD exchange rate remained on edge on Monday morning as traders focused on the upcoming European Central Bank (ECB) decision, US nonfarm payrolls (NFP), and updates on US and…

China’s manufacturing sector saw a sharp rebound in February, with the Caixin/S&P Global Purchasing Managers’ Index (PMI) rising to 50.8, its highest level in three months. The increase signals that…

European leaders have agreed to draft a Ukraine peace plan to present to the United States, aiming to secure Washington’s security guarantees for Kyiv. The initiative follows a high-stakes summit…

The Global Times, the Chinese state-backed media outlet, has reported that China is considering targeting American agricultural exports as a countermeasure against new US import tariffs. This move raises the stakes…

Iron ore futures experienced a decline for the sixth consecutive session on Monday. This downward trend was fueled by escalating trade tensions between the United States and China, the world’s leading…

Major food manufacturers, including JM Smucker, Mondelez International, Hershey, and PepsiCo, have faced declines in stock performance over the past year, raising concerns about the long-term viability of their business…

Gold demand in India picked up in the latter half of the week, but still remained below average as prices moved down from record highs.Meanwhile, traders in China continued to…

Inflation showed a modest decline in January, even as concerns grew over President Donald Trump’s proposed tariffs.The personal consumption expenditures (PCE) price index, which serves as the Federal Reserve’s preferred…