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...
chinese stocks

Chinese Earnings Rebound Masks Ongoing Struggles: Market Volatility and External Pressures Compound Economic Challenges

After a prolonged period of financial turbulence, corporate earnings in China showed a modest recovery in the third quarter of 2024. Profits of companies listed on China’s domestic stock markets increased by 3.7% year-on-year, reversing declines seen in the prior...
China Marriage Rate Continues to Decline

China’s Marriage Rate Continues to Decline in 2024, Reflecting Economic Worries and Changing Cultural Norms

As China continues to grapple with a shrinking population, new data from the Ministry of Civil Affairs reveals a significant decline in marriage registrations for the first nine months of 2024. Only 4.747 million couples registered their marriages nationwide during...
Kamala Harris-Donald Trump

2024 US Elections: East Asian Economic Response, Adjustments in Regional Trade

The election of Donald Trump to the U.S. presidency in 2016 sent ripples through East Asia, prompting significant recalibration among economic policymakers on the region’s reliance on U.S. leadership in global trade. Today, the question is no longer just about...
Pakistan Central Bank

Pakistan Central Bank Likely to Cut Interest Rate Again Amid Economic Recovery Efforts

Pakistan’s central bank is poised to continue easing its monetary policy as it seeks to revive an economy that, until recently, grappled with the specter of default and one of the highest inflation rates in recent history. On Monday, the...
Electricity

China’s Electricity Demand Surges Amid Record Heatwaves and Economic Stimulus Efforts

China's electricity demand is projected to surge faster than previously anticipated in 2024, spurred by intense summer heatwaves and the economic stimulus initiatives designed to revitalize demand, according to the China Electricity Council’s (CEC) latest quarterly report. The council, which...
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...
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