Economy
Raising taxes to address Hong Kong’s structural deficit
[WORLD] As Hong Kong enters 2025, the city faces mounting challenges regarding its fiscal health. One of the most pressing issues is its...
UK consumers receive a slight boost from the BOE rate cut
[EUROPE] In recent months, the Bank of England (BOE) has made significant moves to stabilize the economy, including reducing interest rates. One of...
Paul Chan's challenge to cut deficit and make bold budget moves
[WORLD] Hong Kong’s financial landscape is at a crossroads, and Paul Chan, the city’s Financial Secretary, faces a formidable challenge as he prepares...
Impact of U.S. embassy job cuts on joint projects and visas in China
[WORLD] In recent years, diplomatic tensions between the United States and China have escalated, leading to a range of policy shifts, including cuts...
Wall Street drops on worries over consumer demand
[UNITED STATES] On Thursday, February 20, 2025, Wall Street experienced a significant downturn, with all three major stock indices—Dow Jones Industrial Average, S&P...
U.S. crude oil stockpiles rise above expectations
[WORLD] In a surprising turn of events, U.S. crude oil stockpiles have increased more than anticipated, sending ripples through the energy markets. This...
Trump signals possibility of new China trade deal despite tensions
[WORLD] In the ever-evolving landscape of global trade relations, one topic that has captured the world's attention is the economic relationship between the...
Bursa continues its downward trajectory due to US tariff worries
[MALAYSIA] The Malaysian stock market, particularly Bursa Malaysia, has recently been caught in a persistent downtrend. As global economic concerns continue to weigh...
US to reduce diplomatic mission in China by 10%
[WORLD] The United States has decided to reduce the size of its diplomatic mission in China by up to 10%. This move, reported...
Oil prices fluctuate as traders evaluate the chances for global tariffs
[WORLD] In the ever-shifting world of global markets, few commodities are as sensitive to economic signals as oil. The price of crude oil,...
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