China’s power equipment firms ride AI-driven boom amid demand from US, emerging markets
The race to develop artificial intelligence has pushed governments and technology giants to build new electricity plants and…
Goldman Sachs unveils 10-year playbook, AI is at the heart of it
Artificial intelligence and emerging markets are set to define the next decade, according to Goldman Sachs. The Goldman Sachs…
‘US seen as less reliable partner than before’: S&P Global Ratings chief economist Paul Gruenwald
Paul Gruenwald, global chief economist at S&P Global Ratings, was in India last week. In an interaction with…
China Investment Crash Puzzles Economists, Threatens Growth
China’s collapsing investment is as unprecedented as it is hard to explain. A plunge estimated at more than…
Canada Pension Plan Raises €815 Million in EDP Share Sale
The Canada Pension Plan Investment Board, one of the world’s largest pension funds, raised about €814.7 million ($942.6…
Rare Inflation Flip Gives Emerging Markets Edge on Rich Nations
A rare turn in global inflation trends is expected to inject fresh momentum into this year’s rally in…
Small Chinese exporters face hit to profits as buyers demand extended payment terms
At the ongoing autumn session of the Canton Fair, China’s largest and longest-running trade exhibition, many Chinese exporters…
China shift to higher-end exports boosts margins, mutual gains as US reliance dips: report
Flagship Chinese companies, spanning sectors from tech to retail, are increasingly shunning the United States and expanding in…
Bundesbank President: EU Should Be Ready to Act on China Trade Issues
Bundesbank President Joachim Nagel said he hopes that Europe can overcome trade difficulties with China, but should be…
Turkey Said to Weigh Scrapping Inflation Accounting Practice
Turkey is reconsidering whether to end an accounting rule that requires companies to adjust their books for high…
Startups in Middle East Raised $1.2 Billion in Fundraising Record
Startups in the Middle East raised a record $1.2 billion last quarter, defying a collapse in broader emerging…
Indonesia Reopens Carbon Market to Foreign Buyers With New Rules
Indonesia reopened its carbon credits market to foreign buyers, ending years of uncertainty that have curbed the sector’s…