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BEIJING: With the easing of the Covid-19 pandemic and vaccinations becoming broad-based, the growth rate of China’s foreign trade is likely to experience a high-speed expansion in the first half of this year and a relatively slower growth pace in the second half.
NEW YORK/LONDON: Commodity prices jumped, the dollar slid to a two-month low and major global equity indexes scaled record peaks on Friday after weak U.S. jobs data for April tamped down fears that a booming economy would spark inflation and higher interest rates.
Part I: High quality growth to sustain global leadership
A brisk U.S. economic recovery and stalled factory production in other countries hit by coronavirus have propped up demand for goods made in China
SINGAPORE: Oil prices recovered after a 1% dip in the previous session, on buoyant economic data from China and the United States even as the surging pandemic in India capped prices.
CHINA is turning to its state-owned coal power companies to helm the next stage of the country’s renewables push, as the sector becomes less attractive to other investors.
NEW YORK: The dollar fell and a gauge of global equity markets rose on Thursday as surging commodity prices spurred the prospect of rising inflation and led investors into economically-sensitive stocks on the reflation trade
An exodus of expatriates following anti-government protests, combined with a declining population and higher unemployment rate have led to sluggish rental demand in the Asian financial hub, even as purchase prices hold steady.