China doubles May fuel exports but volumes stay well below pre-war levels
China has approved 500,000 metric tons of refined fuel exports for May, nearly double April’s quota but still…
What is pushing power prices up? The electricity regulator wants to know
Gentailers have raised prices 8% for two years running while banking sky-high profits. Now the Electricity Authority is…
Thailand emerges as a new Asian hub for global wealth and luxury
Wealth migration drives a new round of luxury housing demand One key megatrend highlighted by the report is…
Ray Dalio warns of stagflation as Fed political pressure grows
American households are already feeling the squeeze of a slower, pricier economy, a situation some observers warn could…
Does the ‘going global’ of Chinese companies pose an ‘industrial threat’ to locals?: Global Times editorial
A cargo ship sails near Qingdao Port in East China’s Shandong Province. Photo: VCG Editor’s Note: Currently,…
USA Oil, Gas Workforce Shrinks in 7 of Last 10 Years
The number of employees in the oil and gas extraction industry has dropped in seven of the last…
British airline crashes into liquidation with 161 jobs affected as fuel prices surge
UK carrier Ascend Airways has entered liquidation after just three years of operations. The firm’s management cited soaring…
Australia reports lower-than-expected first-quarter inflation — but price growth hits 2-year high
SYDNEY, AUSTRALIA – DECEMBER 06: Pedestrians and shoppers move along George Street on December 06, 2024 in Sydney,…
How China’s reported ban on sulphuric acid exports could have overseas buyers reeling
As the US-Israel war in Iran drags into its third month, sulphuric acid – a chemical ingredient critical…
Unemployment surpasses 10% for first time in three years
Catalonia’s unemployment rate has climbed above 10% for the first time in three years, with 435,600 people out…
UK faces £35bn hit and risk of recession this year over impact of Iran war, thinktank warns | Economics
Britain is facing a £35bn economic hit and the risk of a recession this year as the fallout…
Shares in buy-to-let mortgage lenders fall after report Reeves plans rent freeze | Financial sector
Shares in some of the UK’s biggest buy-to-let lenders such as Paragon and One Savings Bank have fallen…