Finance Ministry Outlines 3 Reasons Why FashionValet Failed
The story of the fall of FashionValet is still the talk of town.
Economic Prints Bring Some Heat: Retail Sales, Imports and More
Retail Sales, Imports and Exports, and the Empire State bring some multi-month highs.
Xi Jinping opens China-funded megaport in Peru
STORY: :: Chinese President Xi Jinping opens the Chancay deep-water port in Peru:: The port is a $1.3 bln Beijing investment to boost its trade and influence in South America:: November 14, 2024:: Lima, Peru:: Xi Jinping, President of China"Today, the port of Chancay is becoming the new starting point of the Inca ancient road in the new era. From Chancay to Shanghai, what we are witnessing is not only the Belt and Road Initiative taking root and flourishing in Peru but also the birth of a new maritime-land corridor between Asia and Latin America and the Caribbean.”Xi, who is in the Andean country to attend the 31st Asia-Pacific Economic Cooperation summit, and Peruvian President Dina Boluarte participated on Thursday by video link in the opening of the Chancay port, about 80 kilometres (48 miles) north of Lima on the Pacific Ocean, and signed a deal to widen an existing free trade agreement.The China-controlled megaport was built by Cosco Shipping Ports and received $1.3 billion in Chinese investment for its…
Rachel Reeves 'not satisfied' as UK growth slows between July and September
Growth in the UK economy slowed between July and September compared to the previous quarter, new data show.
Housebuilding costs increased by nearly 20% in last quarter - says Checkatrade
The average cost of a kitchen fitting has gone up by 12% on the previous quarter, while insulation installation costs are up 20%, plastering jobs are up 16% and gardening jobs have increased by 10%
Xi inaugurates South America’s first Chinese-funded port in Peru
The 3.5bn dollar complex will promote connectivity between South America, China amid Trump's incoming tariff hikes.
Economic growth slows to 0.1% between July and September
The economy grew by 0.1% over the period, versus 0.5% growth between April and June, the Office for National Statistics (ONS) said
Deconstructing the possible impacts of a slowdown in UK economic growth
Economic growth slowed across the UK between July and September, according to the most recent official figures.
CNY: Who cares about fundamentals – Commerzbank
This morning's monthly data from China offered both light and shade, with the hope of stabilisation at a low level following the stimulus measures of recent months perhaps slightly outweighing.
Xi, Biden attend Asia-Pacific summit, prepare to meet
Biden and Xi to meet at APEC summit amid Trump's confrontational stance on China, raising global economic concerns.
Starmer admits UK's economic performance is 'not good enough' after economy shrinks in September
Sir Keir Starmer admitted the UK's economic performance is “not good enough” after figures showed there was little growth between July and September.
China Gears Up for Potential Trade War Amid Trump’s Tariff Threats
China braces for a potential trade war as Donald Trump hints at steep tariffs, focusing on self-reliance, alliances, and economic resilience amid slowing growth and escalating tensions.
last updated on 15 Nov 22:00