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Hong Kong's benchmark stock index just closed in a bear market as China's economy wavers

Fri, 08/18/2023 - 13:37

Chinese stocks China crackdown markets — Chinese stocks have fallen sharply since February.
Jie Zhao/Getty Images

Markets, mi-exclusive, stock-market, Stocks, china-economy, chinese-stocks, hang-seng

India just ditched the dollar and used its own currency to buy a million barrels of oil from the UAE

Wed, 08/16/2023 - 15:42

A man counts Indian rupee banknotes in Varanasi, Uttar Pradesh, India. — A man counts Indian rupee banknotes in Varanasi, Uttar Pradesh, India.
Dhiraj Singh/Bloomberg

Markets, MI Exclusive, Rupee, Dollar, dedollarization, dollar war, Greenback

Russian oil smashes through the G7 price cap as crude exports in July hit the highest level of 2023

Fri, 08/11/2023 - 09:20

Oil terminal ship in Russia — papa1266/Getty Images

Markets, MI Exclusive, Russia, russia economy, Oil, oil prices, Russian crude

Russia's economy takes a hit as its current-account surplus crashes 85% compared to last year

Thu, 08/10/2023 - 13:48

putin — Russia's President Vladimir Putin (L) meets with Foreign Minister Sergei Lavrov at the Bocharov Ruchei state residence in Sochi, March 10, 2014.
REUTERS/Alexei Nikolskyi/RIA Novosti/Kremlin

Markets, MI Exclusive, russia economy, Russia, Ukraine War, oil prices, Exports

China's economy is sputtering as the nation's exports hit their lowest level in over 3 years

Tue, 08/08/2023 - 09:36

Tech Insider : Economy

forbidden city china — Shutterstock.com

economy, Markets, China, Beijing, Exports, Trade, US Trade

China's July exports contracted the most since the start of the pandemic. It shows a tough external market for the world's factory when it needs it the most.

Tue, 08/08/2023 - 05:00

Tech Insider : Economy

China factory — China's post-COVID has been hit by falling demand both domestically and internationally.
CFOTO/Future Publishing via Getty Images

economy, News, China, Trade, Imports, Exports

The 'freight recession' rocks global shipping, fueling a 75% plunge in container rates

Mon, 07/31/2023 - 08:46

Tech Insider : Economy

Cargo ship — Associated Press

economy, Markets, cargo, freight, Trade, US Economy and Markets, Freight Shipments

Italy just slammed China's trillion-dollar Belt and Road Initiative, saying it was an 'atrocious' decision to join and that it's barely benefited from the deal

Mon, 07/31/2023 - 00:08

Tech Insider : Economy, Politics

Italian Premier Giuseppe Conte and Chinese President Xi Jinping shake hands after the signing ceremony on Belt and Road Initiative, on March 23, 2019 in Rome, Italy. — Italy just slammed China's trillion-dollar Belt and Road Initiative, saying it was an 'atrocious' decision to join and that it's barely benefited from the deal.
Antonio Masiello/Getty Images

economy, politics, Markets, China, Italy, Belt and Road Initiative, Trade

How Russia's war has reshaped Ukraine's economy

Fri, 07/28/2023 - 13:01

Tech Insider : Economy

Ukraine M142 HIMARS Bakhmut — Ukrainian troops fire M142 HIMARS rockets toward Bakhmut on May 18, 2023.
Serhii Mykhalchuk/Global Images Ukraine via Getty Images

economy, Markets, MI Exclusive, Brookings, russia economy, Ukraine, Ukraine War

Russia's economic isolation from the West is deepening its China dependency – car imports from the Asian nation shot up 540%

Fri, 07/28/2023 - 05:15

Tech Insider : Economy

Putin/Xi — Russian President Vladimir Putin and China's President Xi Jinping make a toast during a reception following their talks at the Kremlin in Moscow on March 21, 2023.
PAVEL BYRKIN/SPUTNIK/AFP via Getty Images

economy, Russia, China, Trade, cars, Russian Economy, Vladimir Putin

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