- March 9th, 2025
Asian stock markets took a hit on Monday following news of China’s long-awaited stimulus package, with Hong Kong’s Hang Seng index dropping over 2%. Despite the hefty 6 trillion yuan ($839 billion) stimulus aimed at alleviating local government debt, investor...
Once hailed as the world's largest online shopping festival, China's Singles' Day, celebrated annually on November 11, has lost much of its previous luster. Once marked by a frenzy of consumerism and staggering sales growth, this year’s event has been...
In a landmark development for global climate finance, the Asian Development Bank (ADB) has announced a significant expansion of its climate-related lending by up to $7.2 billion. This move is made possible through new sovereign guarantees provided by the United...
Oil prices extended their decline into a second consecutive day on Monday, as concerns over a tepid demand outlook in China—the world’s largest oil importer—continued to rattle the market. Brent crude futures traded near $74 per barrel after dropping over...
Chinese stocks took a hit as investor expectations for a significant economic stimulus package were left unfulfilled following a high-profile legislative meeting. The decline reflects heightened concerns about China’s ability to tackle its deflationary cycle and navigate a series of...
In a pivotal vote scheduled for Monday afternoon, Japan’s parliament is expected to re-elect Shigeru Ishiba as prime minister, even as the political landscape appears increasingly complex following a recent election setback. Ishiba’s Liberal Democratic Party (LDP) and coalition partner...
Beijing’s Economic Revitalization Plans Fail to Bolster Iron Ore, Highlighting Weak Demand and Ample Supply Iron ore prices slid closer to $100 per ton, reflecting investor disappointment over China’s recent economic measures. Despite anticipation for stronger support, Beijing's latest debt-swap...
Vietnam’s government has taken a decisive stand against two of China’s largest online retail platforms, Shein and Temu, declaring that it will block both platforms’ domains and apps within the country if they do not officially register their operations with...
Asian markets fell sharply at the start of the week after China’s latest financial measures to manage local government debt left investors skeptical about their effectiveness. The proposed 10 trillion yuan ($1.4 trillion) debt swap program aimed at mitigating regional...
This year’s Exercise Trident, the flagship military training event jointly conducted by Singapore and Australia, has escalated in scale and complexity. For the first time, the Singapore Armed Forces (SAF) and the Australian Defence Force (ADF) will undertake dual-terrain operations...
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