Toy manufacturers facing rising expenses in China are finding it difficult to move their production to less expensive locations.   Hasbro, the monopoly manufacturer, approached Aequs, an Indian provider of aerospace and durable goods, about a subcontract six years ago.   "They said if...

In addition to raising maritime freight, the Houthi attacks in the Red maritime are also expected to increase air freight due to the disruption of global commerce flows.   Due to container ships taking lengthy diversions around South Africa's Cape of Good Hope in an attempt to evade the...

Canadian minister claims that there is a disagreement about study visas for Indian students.   According to a top Canadian official who spoke to Reuters, Canada issued significantly fewer study permits to Indian students in the latter part of last year as a result of India expelling Canadian...

While China's new bank lending increased less than anticipated in December, 2023 loans set a new high as the country's central bank maintained an accommodating monetary policy to bolster an unexpectedly fragile economic rebound.   According to figures issued by the People's Bank of China on...

On Thursday, Japan's Nikkei share average reached its highest level since February 1990, as a cheaper yen boosted exporters and concerns about an anticipated Bank of Japan raise faded amid dismal wage data.   The Nikkei surged 1.77% on its third consecutive day of gains this week, closing at...

Retailers around the world are stockpiling products ahead of China's Lunar New Year vacation and looking for air or train alternatives to shipment via the Red Sea in an effort to prevent bare shelves come spring, executives and experts told Reuters.   One European retailer stated that it was...

With hope surrounding the potential approval of exchange-traded spot bitcoin funds, the world's largest cryptocurrency, bitcoin, kicked out the New Year with a bang on Tuesday, surging above $45,000 for the first time since April 2022.   With its highest year performance since 2020, Bitcoin...

After a turbulent 2023, gold investors forecast record high prices the following year due to fundamental support from the U.S. Federal Reserve's dovish turn in interest rates, ongoing geopolitical risk, and central bank buying.   At about $2,060 an ounce, spot gold is expected to grow by 13%...

According to forecasts and calculations by Reuters, OPEC will see declining demand for its crude in the first half of 2024, coinciding with a decrease in its worldwide market share to the lowest level since the Covid-19 epidemic due to output cutbacks and member Angola's exit.   According to...

After terrorist assaults on ships in the Red Sea, the team at Toymaker Basic Fun, which is in charge of managing the ocean shipments of Tonka trucks and Care Bears for Walmart and other shops, is rushing to divert freight from the Suez Canal.   According to insiders in the logistics sector,...

According to insiders, an increasing number of Chinese semiconductor design businesses are enlisting Malaysian companies to assemble a percentage of their high-end chips. This is because they want to protect themselves in case the U.S. extends its sanctions against China's chip industry.  ...