China’s industrial profits continue to decline for the fourth straight month, falling by 7.3% in November

Piles of coal at Rizhao Port, Shandong Province, China on November 2, 2021. VCG | China Optical Group | Getty Images China’s industrial profits continued to decline for the fourth straight month, falling 7.3% in November from a year earlier, indicating that Beijing’s stimulus measures have not appreciably halted the decline in corporate profits. However,…

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Stocks, economic data and business news

European stocks closed higher on Friday, with regional markets reopening after being closed for the Christmas holiday. Pan-European Stokes 600 The index ended the session provisionally 0.6% higher, with most major sectors and markets remaining in positive territory. The index rose by 0.89% during the week after two weeks of decline. Healthcare stocks were among…

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South Korea impeaches acting President Han Dak-soo

Han Dak-soo, South Korean Prime Minister and Acting President, speaks during a press conference after lawmakers passed an impeachment motion for South Korean President Yoon Suk-yeol in Seoul, South Korea, on December 14, 2024. Bloomberg | Bloomberg | Getty Images South Korean lawmakers voted on Friday to impeach acting President Han Dak-soo, the second impeachment…

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