Russia’s flagship Urals crude is trading at its steepest discount to global benchmark Brent in nearly three years, underscoring mounting pressure on Moscow’s key export revenues as Western sanctions persist and Indian demand weakens. The discount on Urals expanded to $28 per barrel on a......
DP World on Monday released new regional findings from its Global Trade Observatory Annual Outlook Report 2026, indicating that 94 percent of supply chain leaders surveyed expect global trade growth in 2026 to match or exceed 2025 levels. The outlook remains positive even as companies contend with customs......
Investor sentiment toward the US dollar has fallen to its most bearish level in more than 14 years as the BRICS bloc steps up efforts to develop a cross border payment system aimed at reducing reliance on dollar dominated financial channels. The initiative builds on Brazil’s instant payment platform......
China’s installed clean energy capacity has exceeded fossil fuels for the first time, marking a significant milestone in the country’s energy transition. New data from Global Energy Monitor show that as of February 2026, 52 percent of China’s operating power capacity comes from non......
A Hong Kong court has dismissed a petition seeking the liquidation of Country Garden, offering temporary relief to one of China’s most indebted property developers as the sector continues to grapple with prolonged instability. The ruling follows months of financial uncertainty and comes after......
China will open its market to duty free imports from 53 African countries beginning in May 2026, extending zero tariff treatment to eligible goods from nations that maintain diplomatic relations with Beijing. The decision broadens earlier preferential trade arrangements that applied to a smaller group......
China has announced it will grant zero tariff treatment to imports from 53 African countries with which it maintains diplomatic relations, effective 1 May 2026. The policy, confirmed by state media and regional outlets, expands existing trade preferences that already provided duty free access to a group......
World Trade Organization Director General Ngozi Okonjo-Iweala has urged China to rethink its export-driven growth strategy, warning that the country’s record $1.2 trillion trade surplus cannot be sustained because the rest of the world is unable to absorb it. Speaking at the Munich Security Conference,......
Asian equity markets climbed to fresh highs on Thursday, with Japan’s Nikkei 225 breaking above the 58,000 mark for the first time, as investors looked past stronger than expected United States jobs data and focused on signs of economic resilience. The MSCI Asia Pacific index rose 0.4 percent......
Saudi Arabia’s crude shipments to China are expected to climb to their highest level in years in March 2026 after the kingdom cut its official selling prices to Asia for a fourth straight month, prompting stronger demand from Chinese refiners, industry sources told Reuters. State energy giant......
China announced on Thursday that it will reduce anti-subsidy tariffs on certain dairy products imported from the European Union (EU), easing the measures initially imposed in December 2025 in response to European taxes on Chinese electric vehicles. According to the Chinese Ministry of Commerce, the......
Mercedes-Benz Group reported a sharp decline in earnings for 2025, as global tariffs and mounting competition in China weighed heavily on the German luxury carmaker’s performance. The Stuttgart-based manufacturer said its group earnings before interest and taxes fell 57 percent to 5.8 billion......
China signaled on Wednesday that it could open investigations into French wine or impose reciprocal tariffs on European Union goods if France continues to advocate for sweeping trade measures against Chinese products, according to Yuyuan Tantian, a social media account affiliated with state broadcaster......
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