- November 22nd, 2024
China’s private tutoring industry is experiencing a quiet but clear resurgence following three years of regulatory pressure, as authorities pivot subtly towards supporting economic growth and job creation. Although no official statements have been issued, industry experts and insiders report...
China’s People’s Bank of China (PBOC) is adapting its monetary policy approach, introducing new methods to stabilize financial markets and enhance economic control as the nation navigates various economic pressures. In a recent move to boost liquidity management, the PBOC...
Industrial profits in China saw a significant drop in September, declining at an accelerated rate compared to the previous month. According to data released by China’s National Bureau of Statistics (NBS) on Sunday, large industrial firms reported a 27.1% decline...
Japan is on the verge of one of its most hotly contested national elections in years. As millions of citizens head to the polls this Sunday, the ruling Liberal Democratic Party (LDP) faces an unprecedented challenge to maintain its political...
As the 2024 US election nears, the possibility of a “red wave” sweeping Donald Trump and his Republican party to victory has thrown Asia’s leaders and markets into an intense period of uncertainty and speculation. Until recently, US Vice President...
China's economic stimulus efforts, the People’s Bank of China (PBOC) kept its one-year policy rate unchanged in October, a month after slashing funding costs by the largest margin in history. The decision suggests that Chinese authorities are mindful of balancing...
In a significant stride towards fostering deeper collaboration and economic integration among the BRICS nations, China has announced the establishment of a China Center for Cooperation on Development of Special Economic Zones (SEZs) across BRICS countries. This innovative move, which...
Chinese markets recently after Beijing unveiled a highly anticipated stimulus package, which many hoped would mark the start of a much-needed economic recovery for the world’s second-largest economy. Traders were quick to act, sending stock markets soaring across Shanghai and...
Beijing’s efforts to shore up economic growth are boosting investor sentiment as Goldman Sachs revises its growth projections for China’s economy. Goldman Sachs Group Inc. has upgraded its forecasts for China’s economic growth in 2024 and 2025, citing fresh policy...
South Korea's economic policy, the Bank of Korea (BOK) has cut its policy interest rate for the first time in four and a half years. The move signals a shift in focus from fighting inflation to stimulating economic growth in...
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