China manufacturing

China’s Factory Activity Expected to Grow Modestly in November Amid Stimulus Push

China's factory activity likely expanded modestly for a second consecutive month in November, suggesting that the government’s recent stimulus measures are beginning to take effect. The anticipated uptick offers a glimmer of hope for producers in the world’s second-largest economy,...
Virgin-Qatar Airways alliance

Virgin Australia and Qatar Airways Granted Interim Approval for Alliance: New Opportunities in Australian Aviation

Australia’s aviation landscape is poised for a significant transformation as the Australian Competition and Consumer Commission (ACCC) announced on Friday that it has granted Virgin Australia and Qatar Airways interim approval to operate an integrated alliance. This decision allows the two airlines to...
International Monetary Fund (IMF)

IMF Warns of Tariff Risks to Asia’s Growth Prospects Amid Rising Trade Tensions

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 Economic

China’s Economic Growth Slows Despite Policy Support, as Retail Sales Surpass Expectations

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...
Chinese Society

China’s Economic Crisis Fuels Surge in Violent Crimes and Social Tensions

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...
Asian Financial Markets

Asian Markets React to Yen Weakness and Prospective U.S. Rate Cut Amid Global Market Volatility

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...
Asia Stock Markets

Asian Stocks Drop to Two-Month Low as US Inflation Data Looms Large

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...
Home Depot

Home Depot Faces Declining Sales as Shifting Consumer Habits and Economic Uncertainty Hit Home Goods Industry

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

Vietnam’s Communist Party Leader To Lam Congratulates Donald Trump on Presidential Victory, Discusses Economic Ties

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...
China's Consumer Prices Rise Less Than Expected in September; Factory-Gate Charges Continue Decline for 24th Month

Singles’ Day Shopping Festival Loses its Shine as Chinese Consumers Tighten Their Wallets Amid Economic Uncertainty

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...
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