‘Hormuz moment’ could herald decline of US dominance: Citic Securities analysts
With global attention fixed on the US and Iranian shipping blockades in the Strait of Hormuz and how…
China presses IMF for quota reform, better surveillance of advanced economies
China’s central bank chief has urged the IMF to serve as a bulwark against “rising unilateralism”, at a…
Asia growth forecasts slashed as Iran war and tariffs threaten supply chains
Asia-Pacific economies are likely to suffer a slowdown in growth this year, as rising costs linked to the…
Analysts doubt Iran war will prompt China stimulus, tip ‘solid’ first-quarter GDP growth
The US-Israeli war on Iran and the current Iranian and American blockades of shipping through the Strait of…
Bessent disparages IMF, World Bank forecasts, says US will quickly cycle through higher prices
By Andrea Shalal WASHINGTON, April 14 (Reuters) – U.S. Treasury Secretary Scott Bessent on Tuesday took issue with…
China’s yuan may be going global faster than Western data suggests, analysts say
This could help explain the gap between Beijing’s official narrative – which describes the yuan as the world’s…
Bin bag panic grips South Korea as huge Iran war crisis budget agreed
In Seoul last week, South Koreans were stripping shop shelves of plastic bin bags. Not food, not medicine.…
Shockwave of War Is Rippling Through the Global Economy
Photographer: Rebecca Noble/Bloomberg (Bloomberg) — The global economy’s first collective health check since war broke out in the…
Ray Dalio says AI investors think they’re betting on technology but ‘that’s not true.’ Why most stocks may not survive
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Artificial intelligence…
The pivot: how China turbocharged its industrial policy and remade the global economy
Huang Yiping, a veteran Chinese economist, has attended countless policy forums and high-level summits over his long career.…
IMF Says 10% Oil Rise for Year Adds 40 Basis Points to Inflation
Photographer: Aaron Schwartz/Bloomberg (Bloomberg) — A 10% increase in energy prices that persists for a year would push…
China pledges ‘iron discipline’ to tackle debt risks as US borrowing under Trump surges
As the United States grapples with mounting debt, China is doubling down on efforts to clean up its…