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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%
Published: November 28, 2023 by DSV Panalpina AS
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
Published: November 28, 2023 by CosmeticsDesign.com (US)
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
Published: November 27, 2023 by ForeignAffairs.co.nz
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
Published: November 21, 2023 by Reuters
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
Published: November 14, 2023 by CE Noticias Financieras (Latin America)

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