China signals reset in EU ties as lawmakers visit for first time in eight years

China has welcomed a delegation of European Union lawmakers for the first time in eight years, framing the visit as an opportunity to stabilise relations that have been strained by trade tensions, regulatory disputes and broader geopolitical differences. The delegation, focused on market

Xi Jinping calls for faster progress in Xiongan as China pushes future city vision

Shares of Spanish beauty group Puig jumped sharply after the company confirmed it is exploring a merger with US cosmetics giant Estee Lauder, a move that could create a combined entity valued at around 40 billion dollars. The potential deal reflects growing consolidation

Iran conflict driven oil surge seen accelerating EV shift and boosting China auto sector

Rising oil prices linked to escalating tensions involving Iran are reshaping expectations across the global automotive market, with analysts suggesting the situation could accelerate the transition toward electric vehicles. The sharp increase in energy costs has renewed attention on long term alternatives to

China Oil Output Hits Structural Limits as Growth Push Nears Plateau

China has reached a turning point in its domestic oil production strategy after years of aggressive expansion, with output now approaching the upper limits of what is economically and technically achievable. The country recorded a peak in production last year, driven by intensified

AI Bubble Overtakes Geopolitics as Leading Risk for Global Credit Investors

Concerns over a potential artificial intelligence bubble have become the primary risk for credit investors, surpassing geopolitical tensions for the first time, according to a recent Bank of America survey of investment grade debt clients. The findings reflect a sharp shift in market

US and China Signal Trade Thaw at Davos

Senior economic officials from the United States and China held fresh discussions on the sidelines of the World Economic Forum in Davos, offering cautious signals of stabilization after a prolonged period of trade friction. US Treasury Secretary Scott Bessent said he met with

Hong Kong stocks climb to seven week high as investors rotate into Chinese tech

A rotation reshapes market momentum in Asia Hong Kong equities climbed to their highest level in seven weeks as investors shifted capital toward Chinese technology shares, seeking alternatives to increasingly expensive US peers. The move marked a notable change in market positioning, with

Venezuela upheaval rattles oil as markets weigh geopolitical shock

A sudden shock greets the new trading year Global markets opened the first full trading week of the year against the backdrop of a dramatic geopolitical development. The capture of Venezuelan president Nicolás Maduro by US forces over the weekend injected fresh uncertainty

US Dollar and Gold Edge Higher as Venezuela Shock Pushes Investors Toward Safety

Geopolitical shock ripples through global markets Global financial markets shifted into defensive mode following fresh developments involving Venezuelan leader Nicolás Maduro, triggering renewed concern about political stability in Latin America. The news prompted investors to reassess risk exposure, leading to increased demand for

How China’s ‘World’s Supermarket’ Weathered Trump’s Tariffs and Came Back Stronger

Tariffs hit hard but not evenly When US tariffs on Chinese goods surged during the latest escalation of the trade war, businesses across China braced for disruption. In Yiwu, a trading hub in eastern China often described as the world’s supermarket, expectations were