The European Parliament has halted ratification of the EU’s investment pact with China until Beijing lifts sanctions on EU politicians. The EU-China Comprehensive Agreement on Investment, agreed by negotiators in December after seven years of talks, a...

There has been a wild 24-hours of trading in global markets. On Wall Street, US stocks plunged and then clawed back most of their losses as stocks gyrated wildly. In chaotic trading in cryptocurrencies, Bitcoin crashed as much as 30% before rebounding...

Retail sales growth in China slowed in April and missed economists’ forecasts. Sales increased 17.7% from a year earlier, according to the National Bureau of Statistics, versus the expected 25% growth and the 34.2% growth in March. Industrial producti...

There was lacklustre economic data out of the US on Friday. Retail sales unexpectedly stalled in April and were unchanged in April month-on-month, versus an expected 1.0% rise, after an upwardly revised +10.7% m/m surge in March. Industrial production...

Producer price rises in the US have added to inflation fears as the wholesale cost of goods and services rose more than forecast last month. The US producer price index rose 6.2% in April from the same period a year ago, exceeding economists’ forecast...

Inflation in the US has seen the biggest jump in almost 13 years. Consumer prices rose 4.2% y/y, up from 2.6% in March, the largest increase since September 2008. Compared to last month, the Consumer Price Index rose 0.8% an increase from the 0.6% gai...

Stock markets in Asia, Europe and the US have fallen sharply on fears that inflation is set to pick up and concerns over high valuations. Some of the biggest falls occurred in Hong Kong, where the Hang Seng dived 2%, and the UK, where the FTSE 100 tum...

The Cyberspace Administration of China said yesterday that 84 mobile security and online lending apps, including those run by Alibaba, Tencent and Baidu, had breached personal privacy regulations through excessive collection of user data. They were gi...

The US created far fewer new jobs in April than expected. The disappointing non-farm payrolls report showed the US labour market added just 266,000 positions last month compared with a downwardly revised 770,000 jobs in March. Economists had been expe...

China’s state economic planner announced yesterday that it was suspending indefinitely its strategic economic dialogue mechanism with Australia. The move comes after the Canberra government cancelled, on national security concerns, two Belt and Road i...