China

International Economics

US Trade War Saps China’s Economic Momentum

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While a trade war bruised the US economy, China isn’t immune to the pain, and its leaders are growing more receptive to negotiation.

2 min read

Photo by Sam Valadi via CC BY 2.0

Banking

Wall Street Takes Back Equity Underwriting Top Spots

American firms like Goldman Sachs and JPMorgan have clawed their way back to the top of the global equity underwriting rankings.

1 min read
Photo by Metropolitan Transportation Authority via CC BY 2.0

Semiconductors

New York State Gets Tapped for New Chip War Offensive

The center of gravity in the US-China battle for semiconductor supremacy is shifting to an unlikely part of the country: Upstate New York.

2 min read
Photo by Yan Ke via Unsplash

International Economics

China’s Financial Woes Grow as Moody’s Lowers Credit Outlook

Moody’s Investors Service cut its outlook for China’s credit rating to negative from stable due to crushing debt at the local level.

2 min read

Consumer

Economic Anxiety Leaves McDonald’s Digesting Biggest Sales Drop in Five Years

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Fast-food chain McDonald’s, an economic indicator because of its mammoth global presence, posted its worst earnings report since 2020.

2 min read

Consumer

Starbucks Slings High-Speed Drinks in Caffeinated Comeback Plan

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Reducing beverage-wait times is part of Starbucks CEO Brian Niccol’s turnaround plan, which includes tech updates focused on efficiency.

2 min read

(Photo by JE Shoots on Unsplash)

Technology

ByteDance Is Scaling Back its VR Ambitions

ByteDance is undergoing a sweeping restructuring and scaleback of its VR division, according to a Financial Times report on Tuesday.

1 min read
(Photo Credit: Zhang Kaiyv/Unsplash)

Consumer

Chinese Consumers Are Pulling Back on Big Western Brands

From cosmetics to apparel to tech, Western brands are seeing revenues dip in China as consumers navigate a struggling post-pandemic economy.

1 min read
Photo by Blaz Erzetic/Unsplash

Industrials

European Aluminum Giant Is Fretting a Chinese EV Influx

While the price of aluminum has climbed off the mat in recent months, it’s still well below the heady days of early 2022.

2 min read

International Economics

Retailers Prep for Supply Chain Breakdown

Photo by Mick Haupt via Unsplash

To prepare for a slowdown of global trade, US retailers spent months building a massive inventory to prevent empty shelves.

2 min read

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