Asian Stock

Asian Stocks Mixed as Investors Brace for Tech Earnings and Economic Data

In volatile trading on Tuesday, Asian stocks presented a mixed picture, reflecting investors' heightened anticipation of major tech earnings reports from Wall Street. This week's lineup, including results from Alphabet, Meta, Microsoft, Apple, and Amazon, has markets on edge. Meanwhile,...
Asian Financial Markets

Asian Markets Rise as U.S. Election and Economic Data Loom

Asian markets experienced gains as global investors brace for a crucial week marked by key U.S. economic data releases and the approaching U.S. presidential election. Equities climbed in major markets, including Hong Kong, Tokyo, and Australia, while Chinese markets showed...
China's Consumer Prices Rise Less Than Expected in September; Factory-Gate Charges Continue Decline for 24th Month

China Loosens Grip on Private Tutoring as Economic Pressures Mount

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 central bank

China’s Central Bank Broadens Monetary Policy Tools Amid Economic Challenges

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...
China Industrial

China’s Industrial Profits Decline Sharply Amid Rising Deflationary Pressures

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

Japan Braces for Tight Election as Scandal-Hit LDP Battles to Maintain Power

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...
Donald Trump

Rising Fears of a “Red Wave”: Asia Braces for Trump’s Potential Return and Its Economic Fallout.

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 central bank

China’s Central Bank Holds Steady on One-Year Policy Rate Amid Economic Uncertainty

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...
BRICS countries

China’s Vision for Strengthened BRICS Economic Cooperation: Establishing China Center for Cooperation on Development of Special Economic Zones

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...
Construction workers in Guizhou province, China

Chinese Markets Grapple with Stimulus Disappointment Amid Sluggish Economic Outlook

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...
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