- January 9th, 2025
Beijing’s efforts to shore up economic growth are boosting investor sentiment as Goldman Sachs revises its growth projections for China’s economy. Goldman Sachs Group Inc. has upgraded its forecasts for China’s economic growth in 2024 and 2025, citing fresh policy...
Chinese stocks surged on Monday, following a weekend announcement by the Ministry of Finance that promised new measures to support the troubled property sector and suggested the potential for increased government borrowing. The pledge to offer financial backing and explore...
SpaceX successfully conducted its fifth Starship test flight on Sunday, marking an unprecedented feat in aerospace technology. For the first time, the company managed to return the colossal first-stage booster of the Starship rocket—called the Super Heavy—back to its launch...
Turkish Airlines Flight TK204, en route from Istanbul to Washington, D.C., was diverted to New York's JFK Airport on Monday, October 7, 2024, after Captain İlçehin Pehlivan collapsed mid-flight. Despite immediate and intensive efforts by the crew and passengers with...
Vietnam Prime Minister Pham Minh Chinh holds talks with Chinese Premier Li Qiang. Vietnam and China signed ten significant agreements on Sunday, covering various areas such as agriculture cooperation, cross-border payments, and infrastructure development. The signing took place during Chinese...
Japan’s semiconductor industry, two of the country’s leading technology companies, Rapidus Corporation and Denso Corporation, have joined forces to share advanced chip design methodologies, according to a recent report from the Nikkei. This collaboration marks the first time Japanese companies...
China’s consumer inflation unexpectedly eased in September, while producer price deflation deepened, underscoring the mounting pressure on Beijing to roll out more robust stimulus measures to revive its flagging demand and economic activity. As the world's second-largest economy struggles to...
China's economy continues to grapple with signs of deflationary pressure, as data released by the National Bureau of Statistics (NBS) on Sunday revealed that consumer prices rose less than anticipated in September, while factory-gate charges continued their two-year decline. The...
China has once again made a decisive move to strengthen its economy, with a particular focus on supporting the flagging property sector and addressing the crippling debt burden faced by local governments. However, despite the promise of new measures, many...
South Korea's economic policy, the Bank of Korea (BOK) has cut its policy interest rate for the first time in four and a half years. The move signals a shift in focus from fighting inflation to stimulating economic growth in...
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