- January 2nd, 2025
South Korea's economy cooled in 2023, with global demand for exports declining to an estimated 1.4%, geopolitical challenges, and weakening domestic demand. Despite expected growth in 2024, South Korea's long-term economic growth will be impacted by structural challenges from changing...
Japan's leading mobile carrier, NTT DOCOMO, is set to showcase its latest high-tech gear at the Mobile World Congress 2024 in Barcelona. The company will showcase its 6G, Open RAN, and XR technology, which will be part of the Space...
The Biden administration has warned that Chinese electric vehicles pose a national security threat to the US due to their ability to collect vast amounts of personal information and potentially send it overseas. US Commerce Secretary Gina Raimondo has suggested...
Human imagination is the foundation of all technology, and with the convergence of multiple technologies in the Fourth Industrial Revolution, the technological fantasies that inventors have created are even more audacious. These bold technological fantasies drive innovation and will impact...
China's liquidation order for Evergrande Group from a Hong Kong court is not a "Lehman moment" but rather a move that catalyzes Beijing to address its property crisis. The People's Bank of China has lowered the reserve requirement ratio (RRR)...
The Asia-Pacific region is facing a significant funding shortfall of at least $800 billion in climate financing, necessitating a coordinated approach from governments, central banks, financial supervisors, and multilateral institutions. Strategies include phasing out fossil-fuel subsidies, expanding carbon pricing, bridging...
Japan and Bangladesh are set to negotiate an Economic Partnership Agreement by the end of 2025, ahead of Bangladesh's scheduled 2026 graduation from the UN's list of least developed countries and loss of exemption from developed nations' tariffs. Despite the...
Japan's stock market is experiencing irrational exuberance due to factors such as the high odds of a recession, China's economic slowdown, and the Bank of Japan's lack of confidence in the economy's readiness for quantitative easing. However, a new concern...
As 2024 begins, low-income countries have not requested comprehensive debt relief since Ghana's over a year ago. However, high debt servicing costs are a growing challenge for these countries, straining budgets and preventing them from spending on essential services or...
China is posing a significant threat to the US, as it aims to replace the US dollar as the world reserve currency. The Chinese yuan is the third-largest trade financing currency and fifth-largest payment currency, with foreign investors demanding an...
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