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Latest News
Asia
New satellite launch from China: Tianping-3A 02 for enhanced radar calibration, orbital predictions
The Tianping-3A 02 satellite boosts Chinese radar imaging and supports space exploration effortsÂ
Economy
Eurozone inflation falls to 2.2 percent in March, jobless rate declines
Strengthening calls for additional interest rate cuts from ECB
Africa
‘Jollof Wars’ in West Africa: Economic reforms in Nigeria and Ghana are stirring the pot
Significant competition between the two nations is unfolding over economic reforms resulting from political transitions
Economy
Hyundai, Trump announce $21 billion investment in U.S. manufacturing by 2028
Hyundai Steel will construct a steel mill in the state of Louisiana, capable of producing 2.7 million tons of steel annually
Economy
Eurozone business activity rises to 50.4 in March, highest level in seven months
Germany's manufacturing rebound and easing inflation signal a positive shift in Europe's economic engine
Logistics
U.S. Tesla sales dip as overall EV sales grow 10.5 percent in February
Tesla’s overall sales were down by 10.0 percent, driven by declines in the Cybertruck, Model 3 and Model Y
Banking & Finance
French central bank reports loss of $8.4 billion for 2024
The bank noted that falling ECB deposit rates and reduced bond holdings will help mitigate future losses
Economy
Dollar stays stable as February U.S. headline inflation hits 0.2 percent below forecast
Treasuries fell amid volatility as risk sentiment recovered
Economy
EU employment grows 0.2 percent in Q4 2024 as economy steadily expands
Romania, Spain, Greece and Portugal recorded the highest employment growth compared with the previous quarter
Economy
U.S. job cuts surge 245 percent in February, fueled by Musk and Trump’s workforce reductions
U.S. employers announced 172,017 layoffs in February, up 245 percent from January’s figures
Asia
South Korea to establish $34.4 billion fund to support advanced industries
The funds will be offered to companies in national strategic industries in the form of cheap loans and other investments over the next five years
Asia
China aims for 5 percent growth in 2025 amid challenges from Trump tariffs
The government plans to issue $179 billion in special treasury bonds this year to finance its stimulus effort