Demand for luxury goods in China is slowing. Hermes; Louis Vuitton; Getty Images; Chelsea Jia Feng/BIDemand for luxury goods ...

This year's Nobel memorial prize in economics has gone to Daron Acemoglu and Simon Johnson of the Massachusetts Institute of ...

Stock markets around the world are reaching new highs, inflation is falling, central banks are easing policies, and recession ...

LVMH reported 3Q2024 ended down 3%, with Asia off 16% and Fashion & Leather Goods down 5%. LVMH called it a cyclical downturn ...

A group of Republican lawmakers is demanding a federal investigation into the U.S. consulting firm McKinsey over its work with the Chinese government and state-owned enterprises, even as the company ...

The Chinese threat of economic coercion has been effective, but the U.S. has leverage over China due to its reliance on ...

Consumer confidence is low and the real estate market remains a drag. Policymakers have in recent weeks announced measures to ...

With oil prices nearing $66, a break could signal significant changes. See more on how falling prices may impact yields and ...

NOVO-OGARYOVO, October 18. /TASS/. Russia uses yuan in settlements both with China and with third countries Russian President Vladimir Putin said at a meeting with the heads of the BRICS media.

They pose a significant threat to the global economy because of how far-reaching they are, the odds of implementation and the ...

One of those signatory economists, Joseph Stiglitz, wrote more recently about how increased tariffs on Chinese goods would ...