Economy
Investors are urging Donald Trump and Xi Jinping to avoid escalating technology and trade tensions during this week’s summit in Beijing, as global markets continue to rally around artificial intelligence. The two leaders are expected to meet on May 14 and 15 in what marks Trump’s first official......
The administration of Donald Trump announced new sanctions targeting individuals and companies accused of helping facilitate Iranian oil exports to China, intensifying economic pressure on Tehran amid ongoing geopolitical tensions in the Middle East. According to the United States Department of the......
Trade delegations from China and the United States are set to meet in South Korea next week for high-level economic discussions, according to Chinese state media. The talks will take place on Tuesday and Wednesday and will focus on mutual trade issues between the two largest economies in the world,......
Solar and wind energy combined with battery storage can now deliver continuous electricity at a lower cost than fossil fuels in regions with strong natural resources, according to a new report by International Renewable Energy Agency. The findings come as global energy markets face sustained pressure,......
China's decision to eliminate import duties on goods from 53 African countries, effective May 1, has handed Morocco's argan oil industry a direct route into one of the world's largest consumer markets. Producers in the country's arid southwest are positioning the sector for what they......
China has extended its duty free trade policy to all 53 African countries with which it maintains diplomatic relations, positioning itself as the first major economy to grant unilateral tariff free access across nearly the entire continent. The only exception is Eswatini, which continues to maintain......
UnionPay International has officially obtained Casablanca Finance City status for its Morocco branch, formally establishing the country as the Chinese payment network's regional headquarters for financial services across Africa. The company confirmed the designation in a press release issued Tuesday,......
Brent crude slipped below 110 dollars a barrel on Thursday, pulling back from a brief spike above 120 dollars the previous day, one of the most volatile stretches on oil markets since the start of the Strait of Hormuz crisis two months ago. The sharp moves underscore a market caught between fears of......
A surge in oil prices triggered by the conflict involving Iran is driving an unprecedented acceleration in the global transition to renewable energy, according to the United Nations’ top climate official. The sharp rise in fossil fuel costs is reshaping energy strategies worldwide, as governments......
China’s manufacturing sector expanded in April despite a global energy crisis triggered by escalating geopolitical tensions and disruptions to maritime routes. Official data showed industrial activity continuing to grow, supported by a domestic energy system heavily reliant on coal, which has insulated......
China has proposed a new regulatory framework that would impose stricter administrative penalties on illegal activity across its rare earth sector, including extraction, refining, and related operations. The draft rules target production beyond approved quotas, mining or processing without a licence,......
China’s Politburo has pledged to strengthen national energy security as the economic fallout from the war involving Iran spreads across global markets. The commitment comes as countries from the Gulf region to Europe face rising inflation, slowing growth, and severe disruptions in energy supply......
China’s top leadership has pledged to strengthen energy security and respond systematically to external shocks as global markets face disruption from the war involving Iran. The commitment came during a Politburo meeting focused on the economy, chaired by President Xi Jinping, marking the first......
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