World’s busiest airport rankings for 2023

British Airways Airbus A319 aircraft takes off from Heathrow Airport in London, Britain, May 17, 2021.  John Sibley | Reuters International travel roared back last year, pushing airports from London to Tokyo up in a global ranking of passenger traffic. Dubai International Airport ranked second-busiest in 2023, up from fifth place in 2022 and fourth … Read more

Nifty: Volatility may cap Nifty at 22,500; trade cautiously

With the dollar index and US 10-year bond yields on the rise, along with increasing crude prices and geopolitical tensions, analysts advise a cautious approach. They advise investors to refrain from chasing buying opportunities at elevated levels and suggest booking profits on any bounceback. ICICI Bank, Reliance Industries, Mahindra & Mahindra, Eicher Motors, SAIL, IRCTC, … Read more

China remains a crucial market for U.S. chipmakers amid rising tensions

US-China chip war graphic Wong Yu Liang | Moment | Getty Images China remains an essential market for most American chipmakers despite Washington’s efforts to restrict chip sales to the country and amid Beijing’s push for self sufficiency in the semiconductor sector.  Data from S&P Global showed that U.S. chip giants Intel, Broadcom, Qualcomm and Marvell Technology … Read more

China’s policy to boost demand by $700 billion will have a ‘bigger and bigger’ impact, official says

An employee works on the assembly line of intelligent machinery at a workshop on March 31, 2024 in Qingzhou, Weifang City, Shandong Province of China. Vcg | Visual China Group | Getty Images BEIJING — China’s latest policy to boost demand will soon have a greater effect on growth, a top official at the economic … Read more

Biden’s China tariff threats are more bark than bite, economists say

U.S. President Joe Biden attends a bilateral meeting with Chinese President Xi Jinping at Filoli estate on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Woodside, California, U.S., November 15, 2023. REUTERS/Kevin Lamarque Kevin Lamarque | Reuters The Biden administration this week sent several signals of a toughening U.S. economic strategy against China. … Read more

Imports from China to US are rising at fastest rate since last fall

A batch of cars are ready to be shipped to overseas markets at the port of Taicang, Jiangsu province, China, April 9, 2024.  Future Publishing | Future Publishing | Getty Images Inflation is on the rise again, but it isn’t the only economic indicator rebounding. Imports coming to the U.S. from China are experiencing a … Read more

WTO forecasts rebound in global trade but keeps geopolitical risks in focus

Container ships from international trunk lines, including those from Europe, Africa, India, Pakistan, and Southeast Asia, are loading and unloading containers at the container terminal of the Qianwan Port Area of Qingdao Port in Qingdao, China, on April 4, 2024.  Nurphoto | Getty Images The World Trade Organization on Wednesday said that it expects global … Read more

Boeing airplane deliveries drop during Q1 amid safety crisis

Boeing 737 MAX airplanes are pictured outside a Boeing factory on March 25, 2024 in Renton, Washington.  Stephen Brashear | Getty Images Boeing airplane deliveries dropped in the first quarter to the lowest number since mid-2021 as the company faces increased scrutiny after a door plug blew out from one of its 737 Max 9 planes midair … Read more

EU’s von der Leyen echoes Yellen’s calls for tough stance on Chinese overcapacity

European Commission President Ursula von der Leyen speaks during a press conference,  Nurphoto | Getty Images European Commission chief Ursula von der Leyen on Tuesday said that Europe must talk tough with China on its perceived unfair trade practices, echoing calls a day earlier from U.S. Treasury Secretary Janet Yellen. Speaking ahead of German Chancellor Olaf … Read more

Free trade flaws fueled Trump’s rise in 2016 — and the problems remain, top economist says

Former U.S. President Donald Trump speaks after attending a wake for New York City Police Department (NYPD) officer Jonathan Diller, who was shot and killed while making a routine traffic stop on March 25 in the Far Rockaway section of Queens, in Massapequa Park, New York, U.S., March 28, 2024.  Shannon Stapleton | Reuters Decades … Read more