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Recent Articles

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Air freight rates from China, Hong Kong to US to surge over next six weeks, according to data, amid significant rise in e-commerce; challenges, such as ongoing geopolitical conflicts, heavy snow in Alaska, have reduced market capacity by 10%-15%

Japanese cosmetic firms Shiseido, Kose and Pola Orbis see negative growth in China from impact of Japan's decision to release treated radioactive water; consumers questioned safety of Japan's cosmetics, exacerbating already tenuous travel retail situation

GlobalData raises 2023 global GDP growth forecast to 2.4%, but lowers 2024 forecast to 2% due to inflation, geopolitical crises; US poised for slowdown in 2024, dropping to 0.8% from 2.1% in 2023, influenced by impact of tightening monetary policies

Citi CEO: Geopolitical tensions, macroeconomic shocks are leading to reconfiguring supply chains, nearshoring and investment shifts from China; diversification focus could lead to 'clear benefits,' but CEO urges caution on turning away from globalization

Shiseido plummets after downgrading forecasts due to consumer's boycott of Japanese goods following Japan's release of contaminated water from Fukushima nuclear power plant

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