- March 9th, 2025
Chinese markets recently after Beijing unveiled a highly anticipated stimulus package, which many hoped would mark the start of a much-needed economic recovery for the world’s second-largest economy. Traders were quick to act, sending stock markets soaring across Shanghai and...
Singapore’s economy saw robust growth in the third quarter of 2024, with the nation’s gross domestic product (GDP) expanding by 4.1% year-on-year, surpassing economists' expectations. This marks a notable rebound for the city-state, signaling resilience amidst global economic headwinds. According...
The global financial markets kicked off the week on a cautious note as uncertainty over China’s economic recovery deepened following a lackluster briefing from the country’s Finance Ministry. The weekend update from China’s Finance Minister Lan Fo’an, which fell short...
In early Monday trades in Asia, the U.S. dollar extended its recent gains, continuing a trend that has been largely driven by market skepticism about further aggressive rate cuts from the Federal Reserve and disappointment over China’s lackluster weekend stimulus...
The Monetary Authority of Singapore (MAS) held its monetary settings steady, reflecting the nation's steady economic performance in the third quarter of 2024. As economies worldwide are adopting more relaxed monetary policies in response to cooling inflation, Singapore's decision to...
Asian stocks saw little movement in early holiday-thinned trade on Monday, as nervous investors speculated on how markets in mainland China might respond to broad but vague economic stimulus promises from the Chinese government over the weekend. Despite hopes of...
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...
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