- December 26th, 2024
Asian markets fell sharply at the start of the week after China’s latest financial measures to manage local government debt left investors skeptical about their effectiveness. The proposed 10 trillion yuan ($1.4 trillion) debt swap program aimed at mitigating regional...
In a sprawling plant in the heart of California's farmland, millions of pistachios rush down metallic chutes, onto conveyor belts, and through rigorous inspection and packaging. These vibrant green nuts will soon be shipped worldwide, destined to grace grocery store...
Indonesia’s recently elected President, Prabowo Subianto, advocated for collaboration over confrontation in his inaugural overseas trip, marking a notable shift in Indonesia’s foreign policy stance towards China. Addressing a business forum in Beijing, where he oversaw the signing of $10...
China’s economy, foreign companies pulled $8.1 billion from Chinese markets in the third quarter of 2023, a sign that investors remain cautious despite China’s recent stimulus measures. New data from the State Administration of Foreign Exchange (SAFE) reveals a nearly...
Bitcoin, the world’s largest cryptocurrency, surged to a record-breaking $79,771 on Sunday, marking a 4.3% increase fueled by optimism surrounding the recent U.S. presidential election. President-elect Donald Trump’s pro-crypto promises, combined with a Congress increasingly stacked with digital asset-friendly lawmakers,...
With the U.S. government’s restrictions on Chinese technology capabilities, the United States has instructed Taiwan Semiconductor Manufacturing Co. (TSMC) to halt shipments of advanced semiconductor chips to Chinese customers. These chips, which are integral to high-level artificial intelligence (AI) applications,...
Egypt’s inflation rate nudged higher for the third consecutive month in October, primarily due to a significant rise in fuel prices as the government continues to enact subsidy cuts to shore up its budget. Annual consumer prices in Egypt's urban...
China’s economy, the second largest in the world, is continuing to face subdued demand as consumer inflation slowed in October, suggesting a need for sustained policy support to revitalize consumer activity and stabilize the market. Official data released on Saturday...
Cyber attacks against South Korea have intensified following North Korea’s deployment of troops to Russia in support of Moscow’s war efforts in Ukraine, according to South Korea’s presidential office. On Friday, an emergency security meeting was held in Seoul after...
The iconic high-end shoe brand Manolo Blahnik, known for its celebrity fanbase and a lasting association with the TV show Sex and the City, has finally opened its first boutique in mainland China. This historic moment marks the end of...
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