The German mechanical engineering sector, severely impacted by a systemic industrial downturn, is increasingly transitioning to defense manufacturing to offset mounting losses and avoid potential insolvency....
European Central Bank (ECB) President Christine Lagarde stated on Saturday that, without foreign workers, the EU economy would have been in a much weaker position after...
China has unveiled a new plan to stimulate domestic consumption, called the “Special Action Plan to Boost Consumption,” as it grapples with weak confidence and deflationary...
China has set a GDP growth target of around 5% for this year as it grapples with a trade war with the US. At Wednesday’s opening...