- January 21st, 2025
Asian shares gained momentum on Tuesday following a second consecutive day of rallies on Wall Street, driven by optimism around technology stocks and a reduction in fears over potential tariff hikes. This shift in market sentiment came after former U.S....
China's industrial output showed a slight improvement in November 2024, offering a glimmer of hope for an economy struggling with weak domestic consumption and looming trade challenges. However, lackluster retail sales growth underscored the pressing need for more aggressive stimulus...
Chinese state media responded critically late Tuesday to U.S. President-elect Donald Trump’s promise to impose additional tariffs on Chinese goods, calling his justification of fentanyl trafficking a diversionary tactic. Trump, set to assume office on January 20, has pledged a...
Asian markets were mixed on Wednesday as traders assessed the fallout of former U.S. President Donald Trump’s proposed tariffs and looked ahead to key economic data and policy decisions. The New Zealand dollar surged after the nation’s central bank hinted...
The International Monetary Fund (IMF) has sounded a cautionary note about the growing risk of escalating tariffs in undermining Asia’s economic prospects. Speaking at a forum on systemic risk in Cebu, IMF Asia-Pacific Director Krishna Srinivasan highlighted the potential impact...
As President-elect Donald Trump prepares for his return to the White House, former officials from his administration are cautioning the European Union (EU) to expect aggressive trade policies, including significant tariffs and a departure from traditional EU-U.S. negotiation channels. These...