Russia relishes divisions between China and the U.S., pouring cold water on Xi-Biden talks
Russia is attempting to make the APEC summit, and talks between Xi and Biden, look like a diplomatic and geopolitical failure.
Siemens Energy clinches state guarantees as it posts a 4.6 billion euro annual loss
Siemens Energy has secured 7.5 billion euros in project-related state guarantees from the German government to safeguard the company’s order book.
UK inflation falls by more than expected in October to 4.6%, lowest in two years
U.K. inflation fell sharply in October to a two-year low of 4.6% from 6.7% the previous month.
IMF says central bank digital currencies can replace cash: ‘This is not the time to turn back’
Kristalina Georgieva of the IMF said that the public sector should keep preparing to deploy CBDCs and related payment platforms in the future.
German housebuilding is collapsing — and could drag the economy down with it
German housebuilding is on the brink of collapse as construction is slowing, and the country’s broader economy could be negatively impacted, experts say.
‘Survival feels uncertain’: Palestinians in Gaza describe desperation under Israeli bombardment
Israel has significantly stepped up its ground invasion over recent days.
Taiwan’s opposition parties to decide on joint presidential ticket
The issue of China, which views Taiwan as its territory, looms over the Jan. 13 parliamentary and presidential elections.
China’s unfinished property projects are 20 times the size of Country Garden
The size of unfinished, pre-sold homes in China is about 20 times the size of developer Country Garden as of the end of 2022, Nomura analysts said.
China retail sales, industrial data grow faster than expected in October
China on Wednesday reported better-than-expected retail sales and industrial data for October, while the real estate drag worsened.
Is the Great Resignation over? Why bosses are leaving at record rates
Over 1,400 CEOs have stepped down from their positions between January to September, marking an almost 50% rise from a year ago.
