China's State-Owned Enterprises See Modest Profit Growth in 2024
Jan 26, 2025 14:00 pm UTC| Economy
Profits at Chinas state-owned enterprises (SOEs) grew by a modest 0.4% in 2024 compared to the previous year, according to a statement from the Ministry of Finance. This marks a significant slowdown from the 7.4% profit...
Western Europe’s Defense Spending Faces Fiscal and Security Challenges
Jan 26, 2025 14:00 pm UTC| Economy
Western European nations face increasing pressure to boost defense spending as security concerns grow and fiscal constraints tighten. Citi analysts highlight that President Trumps renewed calls for NATO allies to allocate...
Switzerland Faces Rising Budget Deficits Amid Increased Spending
Jan 26, 2025 14:00 pm UTC| Economy
Switzerland anticipates annual budget deficits of approximately 3 billion Swiss Francs ($3.31 billion) in the coming years, driven by higher military expenditures and pension costs, according to President and Finance...
Trump Pledges to End Taxes on Tips During Las Vegas Visit
Jan 26, 2025 05:06 am UTC| Economy Politics Business
President Donald Trump, in his first week back in office, visited Las Vegas to rally support for his campaign promise to eliminate taxes on tips. Speaking at the Circa Resort and Casino, Trump emphasized his commitment to...
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential
Jan 25, 2025 11:33 am UTC| Economy Research & Analysis Investing
Mexicos equity market presents a compelling opportunity for long-term investors, despite political and economic challenges. Significant undervaluation compared to global peers and historical benchmarks has created an...
Germany Faces Challenges in Meeting NATO Defense Spending Goals
Jan 25, 2025 11:33 am UTC| Economy Politics
Germany is grappling with challenges in funding increased defense spending to meet NATOs target of 2% of GDP, with some analysts suggesting an even higher goal of 4%. Commerzbank (ETR:CBKG) highlights the countrys sluggish...
Key Date for Tariff Policy Changes
Jan 25, 2025 11:32 am UTC| Politics Market Moving News Economy
U.S. President Donald Trump has not implemented tariffs immediately as many anticipated, but Barclays warns markets to remain vigilant, pointing to April 1, 2025, as a pivotal date. According to Barclays, the America First...
Why Africa’s young scientists should help check the quality of climate change research