- November 23rd, 2024
Timee, Japan's leading gig work platform, held its first earnings call since its much-anticipated listing on the Tokyo Stock Exchange in July. CEO Ryo Ogawa proudly announced robust financial performance, underlined by a 72.6% increase in sales revenue and a...
The Governor of China's central bank, Pan Gongsheng announced an ambitious set of economic measures aimed at revitalizing the nation's faltering economy. This announcement came just a week before the 75th anniversary of Communist Party rule and signaled China's urgency...
For several years, Masato Kanda hardly slept. "Three hours a night is an exaggeration," Kanda chuckles as he recalls his grueling schedule from his office in Tokyo. "I slept for three hours consecutively before being woken up, but I then...
South Korea's economy cooled in 2023, with global demand for exports declining to an estimated 1.4%, geopolitical challenges, and weakening domestic demand. Despite expected growth in 2024, South Korea's long-term economic growth will be impacted by structural challenges from changing...
China's liquidation order for Evergrande Group from a Hong Kong court is not a "Lehman moment" but rather a move that catalyzes Beijing to address its property crisis. The People's Bank of China has lowered the reserve requirement ratio (RRR)...
Pakistan is grappling with a severe economic downturn, high unemployment, and political instability. The country's economic and social issues are largely attributed to the Pakistan Democratic Movement coalition government's election year policies, such as exchange rate caps and import controls,...
Hong Kong's economic recovery after the COVID-19 pandemic was short-lived and softer than expected, with private consumption growing but imports and exports remaining weak. Capital investment and tourism have also been lacking, with visitor arrivals only 65% of their 2018...
China's economy is in a downturn, with many cities cancelling official countdown events and celebrations. The government is financially constrained and hesitant to take responsibility for many issues, fearing overstepping its bounds. From 2020 to 2023, China faced significant development...
Inflationary expectations are believed to cause general price increases, such as when oil prices rise sharply. The state of inflation expectations greatly influences actual inflation and the central bank's ability to achieve price stability. Central bank policies are believed to...
Australia's inflation rate dropped from 5.6% to 4.9% in October, marking the first time it has been below 5% in 20 months. The Australian Bureau of Statistics' figures are based on a newer monthly measure of annual inflation, which was...
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