- July 28th, 2026
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...
The U.S. Federal Reserve reduced interest rates by a quarter-point on Thursday, unfazed by the political climate surrounding Donald Trump's election victory. The decision, which lowers the federal funds rate to a range of 4.50% to 4.75%, was met with...
Soros Fund Management, founded by billionaire investor and philanthropist George Soros, has announced plans to close its Hong Kong office, signaling a shift in its Asia-Pacific strategy. The decision is reportedly part of a larger administrative reorganization aimed at streamlining...
Asian equities saw a broad rally Friday, with stocks across Australia, Japan, South Korea, and China all advancing in response to a strong performance across US markets and a recent interest rate cut by the Federal Reserve. Following the Fed’s...
Indonesia, the world’s largest palm oil producer, is undertaking an ambitious drive to meet increasing domestic demand for biofuel, a crucial component of its energy policy. Indonesia’s chief economic minister, Airlangga Hartarto, announced on Thursday that the country will raise...
Asian markets saw a downturn early Thursday as investors weighed the implications of former President Donald Trump's potential return to the White House. With U.S. stocks soaring to record highs, global markets are cautiously assessing the impact of Trump's proposed...
Japanese workers experienced their most substantial base salary increase in over three decades, strengthening the Bank of Japan's (BOJ) position that the nation’s economy remains on a recovery track. This momentum has prompted further speculation that the BOJ may increase...
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