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Economic events

Boosting consumption in China through rural tourism and smart appliances

by Adrian Jhonsan
Boosting consumption in China through rural tourism and smart appliances

Aerial photo taken of tourists and citizens at a beach in Beihai city, South China’s Guangxi Zhuang autonomous region. Nurphoto | Getty Images BEIJING — Instead of handing out cash, …

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Professor urges China to take action and rescue the struggling economy

by Adrian Jhonsan
Professor urges China to take action and rescue the struggling economy

A Nanjing Road pedestrian street on October 1, 2022 in Shanghai, China. Yan Daming | Visual China Group | Getty Images China’s authorities need to take decisive policy action to …

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Categories World

Signals of Growth Challenges Ahead for Asia’s Factories amid Weak Demand

by Adrian Jhonsan
Signals of Growth Challenges Ahead for Asia’s Factories amid Weak Demand

A worker welds in the workshop of a machinery and equipment manufacturing enterprise in Qingzhou Economic Development Zone, East China’s Shandong province, July 17, 2023. Future Publishing | Future Publishing …

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After Three Decades in Charge, Lebanon’s Central Bank Chief Resigns

by Adrian Jhonsan
After Three Decades in Charge, Lebanon’s Central Bank Chief Resigns

Riad Salameh’s tenure as governor of Lebanon’s central bank on Monday came to an end after 30 years, with many sharply critical of the legacy he now leaves behind. “The …

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Categories World

Euro zone inflation and GDP growth data for July and the second quarter

by Adrian Jhonsan
Euro zone inflation and GDP growth data for July and the second quarter

Jeff Greenberg | Universal Images Group | Getty Images Euro zone inflation fell in July, and new growth figures showed economic activity picking up in the second quarter of this …

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Categories World

ANZ predicts India’s increasing demand for commodities could compensate for China’s decrease

by Adrian Jhonsan
ANZ predicts India’s increasing demand for commodities could compensate for China’s decrease

Rashtrapati Bhavan, the official residence of the President of India, in New Delhi. Kriangkrai Thitimakorn | Moment | Getty Images China’s growth slowdown is set to hurt global commodity demand, …

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Categories World

How American drivers are ensuring affordability in car ownership

by Adesola Mojo
How American drivers are ensuring affordability in car ownership

Westend61 | Westend61 | Getty Images Access to personal cars remains important to Americans despite the growing monthly cost of ownership.  The average monthly auto payment reached $733, a new …

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Categories Automobile

Bank of Japan’s decision to relax YCC news shocks markets due to ‘enhanced flexibility’

by Adrian Jhonsan
Bank of Japan’s decision to relax YCC news shocks markets due to ‘enhanced flexibility’

Kazuo Ueda, governor of the Bank of Japan (BOJ). Bloomberg | Bloomberg | Getty Images The Bank of Japan announced Friday “greater flexibility” in its monetary policy — surprising global …

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Categories World

While the Dow lost momentum, the U.S. economy remained resilient.

by Adrian Jhonsan
While the Dow lost momentum, the U.S. economy remained resilient.

People shop in a Manhattan store on July 27, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily …

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Categories World

Interest rates increase by 0.25 percentage points

by Adrian Jhonsan
Interest rates increase by 0.25 percentage points

The European Central Bank announced a new rate decision Thursday. Daniel Roland | AFP | Getty Images The European Central Bank on Thursday announced a new rate increase of a …

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Categories World
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