Global companies that have business in China are increasingly issuing debt obligations in renminbi to finance activities in the Asian country, as for the first time in six years such a solution has become more cost-effective compared to the practice of raising funds in US dollars.
Currently, the United States economic system is on a growth trajectory, being backed by favorable circumstances such as high consumer spending and a positive labor market situation, but this does not mean that there are no risks to the positive dynamic nowadays.
JPMorgan Chase CEO Jamie Dimon hailed the leadership and economic strength of the United States in an annual letter to shareholders.
US Treasury Secretary Janet Yellen said on Monday, April 8, that Washington takes a position of protest and rejection of the formation of a situation in which Chinese imports are transformed into a factor of negative impact on the situation in new segments of the industrial system.
As a result of March, an unexpected decrease in the number of jobs was recorded in the Canadian labor market.
Nvidia intends to build an artificial intelligence center in Indonesia.
In the United States, employers hired many more workers last month than initially expected and continued to steadily raise salaries.
Indonesia is currently striving to increase the volume of production of goods onshore, which is a logical effort in the context of the prospects for the development of the homegrown industrial sector, but under certain circumstances, such a strategy of action can cause all sorts of problems, which happened in the mentioned country.
On Friday, April 5, Samsung Electronics released a forecast according to which the company’s operating profit for the first quarter of the current year will show growth in the form of a multiple increase in the corresponding indicator compared to the result for the same period in 2023.
In Singapore, local regulators have issued a license to the cryptocurrency market maker GSR Markets.
OpenAI reports an increase in consumer demand for the corporate version of its chatbot based on artificial intelligence ChatGPT.
An unexpected decrease in the inflation rate was recorded in Switzerland.
Wu Jinglian, one of China’s most outspoken and liberal economists, said Beijing should return to basics.
The European Central Bank is demonstrating a kind of determination as part of its aspirations to begin implementing a policy of cutting interest rates before similar decisions are made by the Federal Reserve System.
On Wednesday, April 3, official data were published, according to which an increase in retail sales was recorded in Hong Kong in February.
The United States is currently implementing efforts to divert international supply chains from China to other countries, which has already become a topic of active discussion in the expert community.
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