- October 18th, 2024
Palm oil, derived from the oil palm tree's fruit, has both advantages and disadvantages. It significantly contributes to the economies of countries like Malaysia and Indonesia by providing employment opportunities, supporting smallholder farmers, and generating foreign exchange earnings. Oil palm...
Australia has launched a Digital Economy Strategy to transform its economy and become a global leader in the digital arena. The strategy focuses on leveraging digital technologies and innovation to boost economic growth, create jobs, and improve the quality of...
Banks handle checking account funds as a liability, with deposits coming from various sources. They operate on a fractional reserve system, keeping only a fraction of deposited funds in reserve and lending out the rest. Central banks set reserve requirements,...
The international trading system faces several challenges, including protectionism, trade imbalances, non-tariff barriers, intellectual property rights protection, trade agreements and negotiations, currency exchange rates, and global supply chain disruptions. Protectionism, often arising from political or economic pressures, can hinder the...
The European Union (EU) has a complex relationship with China, involving economic cooperation, concerns about human rights, trade practices, and geopolitical tensions. Despite economic ties, the EU is interested in expanding trade and investment ties with China, as it represents...
China's rapid advancements in artificial intelligence (AI) have led to significant advancements in areas such as natural language processing, computer vision, and machine learning. The country's large population and access to massive datasets have contributed to its AI progress. The...
Russia's increasing use of the Yuan indicates a need for a diverse and adaptable approach to global finance. The yuan due to the war in Ukraine and Western sanctions may undermine the US dollar, according to the European Bank for...
Kuala Lumpur, Malaysia Malaysia has increased its palm oil exports to China, a move that is causing concern in the global palm oil industry. The move comes as the European Union intensifies its efforts to ban products from deforested lands....
Foreign investors are returning to Japan's property market due to the weak yen and economic recovery in the logistics and hospitality sectors, according to a report from Knight Frank LLP. Singapore topped the list with nearly $3 billion spent from...
Hackers stole around $200 million from cryptocurrency firm Mixin, marking the largest crypto theft so far this year, according to Mixin's social media statement. The hackers breached Mixin's cloud service provider database, resulting in the loss of assets.
Loading posts... 
All posts loaded
No more posts