China is witnessing a major shift in its global trade map, with Africa emerging as a key growth region in 2025. Exports to the continent surged 25% on-year to $122 billion, driven by rising demand for construction machinery, passenger vehicles, and steel products. The growth rate in Africa far outpaced…

A brutal inflation surprise has sent a jolt through the Australian economy, as consumer prices jumped far more than expected in July, dealing a significant blow to hopes for another interest rate cut from the nation’s central bank next month.The data reveals a complex and stubborn inflation picture, forcing investors…

A fragile calm has settled over European markets on Wednesday, as stocks rebound from a two-day slide in a nervous holding pattern. This is not a rally born of conviction, but one of profound and global anticipation, as the entire financial world holds its breath for a single, pivotal event:…

Danish toymaker Lego reported a record first-half performance on Wednesday, with sales rising 12% to 34.6 billion Danish crowns ($5.43 billion), boosted by strong consumer demand and partnerships with leading global brands. The performance marked the best start to a year in Lego’s history, outpacing rivals Mattel and Hasbro in…

Zinc prices surged above the $2,800 per ton threshold on Friday, buoyed by hopes of an early US interest rate cut following the Federal Reserve Chairman Powell’s speech. However, the sustainability of these gains remains uncertain, especially as the London Metal Exchange (LME) was closed for a bank holiday on Monday,…

Google Cloud has stepped into financial technology with the launch of its new blockchain platform, Google Cloud Universal Ledger (GCUL). The system, currently in private testing, is designed to speed up and reduce the cost of global payments, while aiming to challenge established players such as Ripple, Circle, and Stripe.…

Mitsubishi Corp announced Wednesday it will pull out of three Japanese offshore wind power projects, citing soaring costs, a move that undermines Japan’s energy security ambitions and its efforts to lessen reliance on imported fuel.In 2021, a Mitsubishi-led consortium secured the initial state auctions for three wind farms located in…

India’s crude oil imports are expected to drop to 4.3 million barrels per day (bpd) in August, a decrease of 300,000 bpd month-over-month, according to Vortexa. This decline aligns with typical seasonal trends, as August historically sees the lowest crude arrivals due to reduced domestic demand for gasoline and diesel during…

According to a Reuter’s report, Japan is on track to see record-breaking take-private deals this year, with transactions expected to exceed the $40.3 billion total logged in 2023. A mix of pressure from activist investors, governance reforms from the Tokyo Stock Exchange, and unprecedented private equity interest is fuelling a…