Taiwan’s defense ministry has reported an escalation in missile tests conducted by China in the far northern region of Inner Mongolia. This has put Taiwan’s air defense forces on high alert, given the close proximity of the missile tests to the island nation. The ministry stated that it had detected “multiple waves of test launches”
The UK economy saw growth of 0.4% in May, according to flash figures released by the Office for National Statistics. This surpasses the 0.2% expansion forecasted by economists in a Reuters poll. The British pound strengthened against the US dollar following the announcement, reaching a four-month high. After a shallow recession in the first quarter
In the last five years, Chinese exchange-traded funds (ETFs) have experienced a remarkable surge in growth, with inflows reaching new highs year after year. According to Morningstar, the annual inflows to China ETFs have nearly quintupled over the past three years, indicating a significant increase in investor interest and participation in the Chinese market. Morningstar’s
Barcelona, Spain, known for its rich history, stunning architecture, and beautiful beaches, is currently facing a crisis due to mass tourism. The city has been grappling with the negative effects of overtourism for years, and tensions reached a boiling point recently. Protesters, fed up with the influx of tourists, took to the streets of Barceloneta
Mainland China investors have been closely monitoring the performance of U.S. stocks, while also expressing disappointment in the lackluster performance of stocks in China. Despite clear macroeconomic differences, there were several Chinese stocks in the first half of the year that saw significant gains, including some artificial intelligence companies. One notable example is Foxconn Industrial