- January 11th, 2025
The International Monetary Fund (IMF) has raised concerns about heightened risks to Asia's economy due to intensifying trade tensions, a prolonged downturn in China's property sector, and potential market turbulence. These factors threaten to disrupt regional growth, with implications for...
China’s economy, the country’s manufacturing activity swung back into growth in October, according to the latest Caixin/S&P Global manufacturing Purchasing Managers’ Index (PMI) released Friday. The PMI rose to 50.3, up from 49.3 in September, signaling an expansion in the...
China’s residential property market has shown its first year-on-year growth of 2024 in October, with a notable 7.1% increase in new-home sales among the country’s top 100 real estate firms. This recovery marks a positive shift following a substantial 37.7%...
Major markets in Asia felt the impact of US tech stock pullbacks on Friday, as lackluster corporate results from American tech giants led to cautious trading across the region. While oil prices surged on heightened tensions in the Middle East,...
In a move signaling Saudi Arabia’s accelerating drive towards agricultural self-sufficiency, the Saudi Agricultural & Livestock Investment Co. (Salic) is closing in on a deal to acquire full control of Olam Agri Holdings. The transaction, valued at approximately $4 billion,...
As the International Space Station (ISS) moves towards the end of its operational life in the early 2030s, China’s Tiangong Space Station is positioned to play a central role in the next phase of space exploration. With comprehensive expansion plans,...
In a remarkable financial shift, dollar bond spreads for Asia’s high-grade issuers have reached record lows, driven by aggressive monetary and fiscal measures by Chinese policymakers. The gap in yield premiums on Asian bonds has closed to 74.6 basis points...
Oil prices surged on Thursday, building on a rally from the previous day as bullish sentiment around U.S. fuel demand emerged following an unexpected drawdown in both crude and gasoline inventories. Additionally, the market responded positively to reports that OPEC+...
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