- November 21st, 2024
The International Monetary Fund (IMF) has sounded a cautionary note about the growing risk of escalating tariffs in undermining Asia’s economic prospects. Speaking at a forum on systemic risk in Cebu, IMF Asia-Pacific Director Krishna Srinivasan highlighted the potential impact...
China’s economic landscape in October presented a mixed picture, underscoring the world’s second-largest economy's persistent struggle to gain momentum despite the government’s recent wave of support measures. Industrial output growth decelerated slightly while retail sales growth, buoyed by shopping festivals...
A tragic massacre in Zhuhai on Monday, where a man drove a car into a crowd at a sports complex, resulting in 35 deaths and 43 injuries, has drawn national and international scrutiny on China’s rising social tensions and violent...
Equities across Asia experienced sharp fluctuations on Thursday as investors weighed the impact of a depreciating yen and a probable U.S. interest rate cut expected next month. The uncertainty drove mixed outcomes in the Asian stock markets as investors assessed...
Tokyo, Hong Kong, and Sydney see declines as investors brace for key inflation data that could impact Fed policy; regional economic concerns and geopolitical tensions weigh on market sentiment Asian stock markets opened on a downtrend early Wednesday, marking a...
The American home improvement giant, Home Depot (NYSE: HD), is experiencing a substantial slowdown, mirroring a trend across many major U.S. retailers, particularly those in the home goods sector. The Atlanta-based company recently released its third-quarter earnings report for 2024,...
Vietnam's Communist Party Chief, To Lam, congratulated former U.S. President Donald Trump on his recent electoral victory in a phone call on Monday. The conversation between the two leaders covered avenues for enhancing economic collaboration, according to an official statement...
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...
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...
As the Association of Southeast Asian Nations (ASEAN) region becomes increasingly intertwined with global value chains (GVCs), it faces heightened vulnerabilities amid rising global security concerns. With an economy deeply embedded in international trade, ASEAN is uniquely exposed to the...
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