China, as the world’s largest producer and consumer of beer, is expected to witness a significant consumption recovery in the second half of this year. This recovery is anticipated to be fueled by a preference for premium beer offerings, particularly due to the influence of sporting events. Analysts at CGS International have predicted a rebound
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Taiwan’s defense ministry has reported that it is closely monitoring multiple missile tests conducted by China’s Rocket Force in Inner Mongolia. This region is located around 2,000 km away from Taiwan, but the Taiwanese air defense forces are on high alert due to these activities. The Rocket Force is responsible for managing China’s missile arsenal,
The Dow Jones Industrial Average surged to a new high this week, driven by gains in Home Depot and Caterpillar. The index added an impressive 456 points, or 1.1%, to reach a new record above 40,000. This milestone was last achieved in late May, signaling a positive shift in investor sentiment towards non-tech stocks. Despite
The recent flash figures published by the Office for National Statistics indicating a 0.4% growth in the U.K. economy in May have brought about a sense of optimism, particularly after the nation saw a period of recession followed by stagnation. The better-than-expected GDP expansion of 0.4% surpassed the forecasted 0.2% by economists, showcasing resilience in
Chinese exchange-traded funds have experienced a remarkable surge in growth over the last five years. According to Morningstar, annual inflows to China ETFs have nearly quintupled over the past three years. The data from the American financial services firm shows that total yearly inflows to Chinese ETFs have skyrocketed from 127.2 billion Chinese yuan in
Over the weekend, the city of Barcelona was rocked by protests as angry locals took to the streets to voice their frustrations with the overwhelming presence of tourists in their city. The protesters, numbering around 3,000 people, barricaded hotel entrances and sidewalk cafes in the Barceloneta neighborhood, demanding that city officials take action to reduce
As Asia-Pacific markets opened mixed on Monday, investors remained cautious as they awaited key economic data from the U.S. and China later in the week. The election results in France, which signaled a hung parliament, added to the uncertainty in the global markets. France’s left-wing New Popular Front coalition managed to secure the largest number
In the ever-evolving world of technology, Chinese tech stocks have been making significant strides in the first half of 2025. One such example is Foxconn Industrial Internet, a key iPhone casing supplier that has seen a remarkable 81% surge in the first six months of the year. Analysts at Bank of America Securities have expressed
As Hurricane Beryl made its way through the Caribbean islands earlier in the week, it left a trail of destruction in its wake. The storm caused at least 11 deaths in various countries, including Grenada, St. Vincent and the Grenadines, Venezuela, and Jamaica. The head of Mexico’s civil defense agency reported that while Beryl had
The recent Britain’s election night brought about a major surprise with the right-wing Reform UK party making significant gains. Exit polls suggest that the party led by Nigel Farage is on track to secure 13 seats in the parliament, a stark contrast to its zero seats in the previous general election. The party’s first win