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...
Iron ore

Iron Ore Prices Near $100 as China’s Economic Measures Disappoint Investors

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...
ASEAN

ASEAN’s Economic Interdependence and Security Imperatives Amidst Rising Global Tensions

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...
China Economic

Foreign Investors Withdraw from China Amid Geopolitical Tensions and Economic Slowdown

China’s economy, foreign companies pulled $8.1 billion from Chinese markets in the third quarter of 2023, a sign that investors remain cautious despite China’s recent stimulus measures. New data from the State Administration of Foreign Exchange (SAFE) reveals a nearly...
Senior General Min Aung Hlaing, Myanmar

Myanmar Junta Chief Visits China: Strengthening Economic and Military Ties Amid Sanctions

Myanmar’s junta leader, General Min Aung Hlaing, arrived in China this Tuesday for a summit of the Greater Mekong Subregion (GMS) — his first known visit to the country since orchestrating Myanmar’s military coup in February 2021. While the visit...
US Market

The Illusion of Growth: U.S. Economic Strength Masks Deep Inequalities as the Nation Heads to the Polls

As Americans prepare to cast their votes, the economy appears to be booming. With growth averaging nearly 3 percent for nine consecutive quarters, the United States is seeing substantial foreign capital inflows, helping push its share of the global stock...
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