Sri Lanka is moving to establish a National Trade Negotiation Committee to prepare the groundwork for prospective Free Trade Agreement (FTA) negotiations, with preliminary activities potentially beginning in January, the Ministry of
When Mark Carney and Friedrich Merz took office just over a year ago, both leaders faced a difficult economic environment shaped by global uncertainty, trade tensions and a changing relationship with the
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Hong Kong Overtakes Switzerland as World’s Top Cross-Border Wealth Hub Amid Surge of Chinese Capital
Hong Kong has surpassed Switzerland for the first time as the world’s leading center for cross-border wealth management, marking a significant shift in global capital flows driven largely by a surge of
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This article is particularly relevant at a time when the global trading environment is undergoing significant change and regional economic partnerships are playing an increasingly important role in shaping international trade and
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The Bank of Japan (BOJ) raised interest rates to their highest level in 31 years on Tuesday, marking another major step in its effort to normalise monetary policy as inflation pressures increase
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Elon Musk’s SpaceX did not just launch a company onto the stock market. According to an analysis published by Die Zeit, its highly anticipated debut revealed a deeper transformation in global finance:
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The global ocean economy has expanded to USD 2.5 trillion in 2025, with services now forming the dominant share of ocean-related trade, even as United Nations-linked experts warn that environmental pressures are
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Abandoned Megaprojects Expose China’s Tourism Boom as “White Elephant” Crisis Spreads Across Regions
Across China, a wave of ambitious tourism megaprojects is increasingly stalling or failing to attract visitors, leaving behind unfinished structures and financially burdened local governments. Among the most visible examples is a
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by Our Economic Affairs Editor If you read markets today as anything other than a speculative mirror reflecting its own adrenaline, you are not paying attention—or worse, you are being paid not
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China’s ports have once again dominated global efficiency rankings in 2025, securing seven positions in the top 10 of a worldwide assessment of trade hub performance, according to a study released Wednesday
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Allegations of misconduct involving KPMG’s Australian operations have escalated into a widening scandal that now threatens key government and corporate contracts, following claims of mishandled whistleblower reports and improper use of confidential
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Pakistan’s Ambassador to Russia, Faisal Niaz Tirmizi, on June 4, 2026, at St. Petersburg International Economic Forum (SPIEF), declared an emerging geopolitical reality, stating that Pakistan would be a natural connector between Belt and Road
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China’s producer prices rose for a third consecutive month in May, reaching their highest level since July 2022, as global energy shocks and stronger demand from artificial intelligence-related industries pushed upstream costs
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Asian equities tumbled on Wednesday while oil prices edged higher after a renewed escalation in hostilities between Iran and the United States, raising geopolitical uncertainty and intensifying market focus on upcoming U.S.
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Elon Musk’s SpaceX has attracted more than $250 billion in investor demand for its planned initial public offering, according to people familiar with the matter, marking one of the strongest subscription levels
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BYD Chairman Wang Chuanfu said on Tuesday that he expects the Chinese electric vehicle maker to become the world’s largest automaker within five years, making the statement at the company’s annual shareholder
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