Chinese firms are becoming increasingly optimistic about a rise in trade exports, as there is little evidence of global companies completely decoupling from China, Allianz Trade reports. More than one in ten Chinese exporters, ranking as the second-largest exporter of goods to the U.S. following Mexico, anticipate an increase inRead More →
Baidu, one of China’s leading search engine firms, surpassed analysts’ revenue forecasts for the Q1 on Thursday 16th May 2024. This was predominately due to a recovery in advertising revenue and a surge in demand for its AI-driven cloud products. The company announced a revenue of 31.51 billion yuan ($4.37Read More →
Precious metal prices received a significant uplift on Thursday 16th May 2024 following the release of better-than-expected U.S. inflation data, which increased the likelihood of rate cuts by the Federal Reserve, again. Gold prices reached their highest point in over three weeks on Thursday too, while silver achieved its highestRead More →
