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World economy

BOJ Urged to Embrace New Normal Sooner as Current Policy Deemed ‘Very Harmful’

by Adrian Jhonsan
BOJ Urged to Embrace New Normal Sooner as Current Policy Deemed ‘Very Harmful’

Japan needs to transition sooner to a “new normal” as the country’s current ultra low interest rate policy regime has been “inappropriate” and “very harmful” for the economy, according to …

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Categories World

What’s Next: The Impact of Low Federal Interest Rates on the U.S. Economy

by Adrian Jhonsan
What’s Next: The Impact of Low Federal Interest Rates on the U.S. Economy

The United States is entering a new economic era as the Federal Reserve hikes its benchmark interest rate. In July 2023, the federal funds effective rate stood above 5% for …

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Categories World

Chinese tourists opt to remain in their home country for travel

by Adrian Jhonsan
Chinese tourists opt to remain in their home country for travel

Are you prepared? That was the question that many in the travel industry asked following China’s surprise reopening announcement in the final days of 2022. Many assumed that a torrent …

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Categories World

India’s restriction on rice exports may cause prices to surge to their highest level in a decade.

by Adrian Jhonsan
India’s restriction on rice exports may cause prices to surge to their highest level in a decade.

Women planting rice seedlings in a paddy field in India’s northeastern state of Assam, July 5, 2023. Xinhua News Agency | Xinhua News Agency | Getty Images India banned the …

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Categories World

Savills: Prime Rent Hike Surges in These Countries for H1 2023

by Adrian Jhonsan
Savills: Prime Rent Hike Surges in These Countries for H1 2023

Private apartments are seen against the backdrop of the Marina Bay Sands hotel and the Singapore Flyer observatory wheel in Singapore on March 23, 2022. Roslan Rahman | AFP | …

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Categories World

Inflation Print Prompts Drop in UK Borrowing Costs

by Adrian Jhonsan
Inflation Print Prompts Drop in UK Borrowing Costs

Andrew Bailey, governor of the Bank of England, at a Group of 20 finance meeting in India, on Monday, July 17, 2023. Bailey has been facing pressure over the extent …

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Categories World

India Becomes One of Apple’s Top 5 iPhone Markets for the First Time

by Ev Richard
India Becomes One of Apple’s Top 5 iPhone Markets for the First Time

Tim Cook, Apple’s Chief Executive Officer (CEO) greets the media with folded hands outside the Apple store at Jio World Drive mall, Mumbai, India, April 18, 2023. Ashish Vaishnav | …

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Categories Technology

Goldman Sachs reduces possibility of a U.S. recession within the next year

by Adrian Jhonsan
Goldman Sachs reduces possibility of a U.S. recession within the next year

Skyline of lower Manhattan and One World Trade Center in New York City and the Water’s Soul sculpture on July 11, 2023, in Jersey City, New Jersey. (Photo by Gary …

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Categories World

Fears of Bleak Economic Future Escalate amid Global Commodities Rout

by Milton Acorn
Fears of Bleak Economic Future Escalate amid Global Commodities Rout

Global commodities have seen a more than 20% slump compared to the same period last year, as reflected by the S&P GSCI Commodities index. Jung Getty | Moment | Getty …

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Categories Science

Metal Curbs in China May Drive Supply Chain Diversification

by Ev Richard
Metal Curbs in China May Drive Supply Chain Diversification

Luisa Moreno, President of mining company Defense Metals Corp, expects China to further restrict metal exports which could include rare earths. Jakub Porzycki | Nurphoto | Getty Images China’s metal …

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Categories Technology
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