Chinas exports growth outpaces pre pandemic levels offsetting coronavirus impact
China’s foreign trade boomed again in October, with exports surging at their fastest pace for 19 months and imports showing stable growth, as the world’s second-largest...
Oil slides as coronavirus pandemic continues to rattle economies
Oil prices have tumbled for the second straight day as rising coronavirus infections across the globe and new lockdowns in Europe spark fresh demand concerns for...
Huawei battles Swedens draconic ban as it tries to hold on to European 5G...
Chinese tech giant Huawei has filed an appeal against Sweden's recent decision to phase out the company’s telecom equipment from the roll-out of its next-generation 5G...
Skyrocketing bitcoin makes cryptocurrencies best asset of the year outperforming gold
Bitcoin has hit its highest level since January 2018, nearing $16,000 during a wild post-election rally. The surge pushed other cryptocurrencies higher, making them more attractive...
Japans Nikkei at almost 3 decade high global stocks head to record levels as...
Japan’s benchmark index Nikkei 225 closed up at the highest level since 1991 after global stocks continued to rally this week as investors prepare for a...
Neither Trump nor Biden will wave a magic wand to fix Americas economic destruction...
Stocks rallied before the election on expectations of a Joe Biden victory and Democrat control of the Congress. But the markets don’t seem to be particularly...
Dollar weakens with Biden closer to victory may go even lower
The US dollar traded lower against other major currencies on Thursday as President Donald Trump sued states over alleged election irregularities, while his rival, Democrat Joe...
Indias economy poised to reach pre pandemic levels by year end says Finance Ministry
India may be past the first peak of Covid-19 cases as seen in September, according to the country’s Finance Ministry. It said in a report the...
Chinas service sector growth shows strong recovery in consumer demand
China saw its key services sector expand for a sixth consecutive month in October, a new industry survey showed, as the world’s second largest economy continues...
Norwegians got paid to use electricity as prices fall below zero
Electricity prices in parts of Norway fell below zero for the second time in history, and residents in southern Norway ‘got paid’ for using electricity as...