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Monday, October 12, 2026
The New York Finance

Top Business News Around The World

Monday, October 12, 2026

chinese

Merz backs EU plan to protect steel sector from Chinese imports

Germany supports proposals by the EU to increase tariffs on foreign steel as the bloc struggles with cheap imports, especially from China, Chancellor Friedrich Merz said Thursday. “These proposals are a step…

By The New York Finance Staff

Chinese factory, consumer activity slow amid economy struggles

China’s economy showed further signs of weakness last month, with key data Monday revealing factory output and consumption rising at their weakest pace for around a year. Beijing has struggled to fully…

By The New York Finance Staff

Chinese property giant Vanke warns of huge loss, CEO resigns

Indebted Chinese property giant Vanke said Monday that its CEO had resigned due to “health reasons”, after state-backed media reported he had been taken away by authorities. The company also warned on…

By The New York Finance Staff