Japan’s Q2 GDP Forecast Slashed to 4.8% Amidst Decline in Private Investment
Japan has revised down its second-quarter GDP forecast to 4.8% from the previously projected 6% following a reduction in private investment. This development raises concerns about the country’s economic growth prospects. The decrease in investment signals a potential slowdown and highlights the need for stimulating measures to boost the Japanese economy. The revision in GDP […]
Facebook takes action against Chinese Anti-Western propaganda by cracking down on fake accounts and pages
Facebook Takes Action Against Fake Accounts and Pages Spreading Chinese Anti-Western Propaganda In a recent development, Facebook has intensified its efforts to combat the proliferation of fake accounts and pages disseminating Chinese anti-Western propaganda. The social media giant has taken a firm stance against this type of misleading content, whose potential repercussions range from damaging […]
Vietnamese Unicorn Startup VNG Makes Historic Entrance on US Stock Market
Vietnamese Unicorn Startup VNG Becomes First Y-Tech Company Listed on US Stock Market Vietnamese technology powerhouse, VNG, has made history by becoming the first Y-tech unicorn startup to be listed on the US stock market. This momentous achievement marks a significant milestone for Vietnam’s booming startup ecosystem and highlights the country’s emergence as a major […]
ADB Proposes Skills Development and Inequality Reduction in Post-COVID Asia-Pacific
ADB Urges Asia-Pacific to Enhance Workforce Skills and Reduce Inequality Post-COVID-19 In the wake of the COVID-19 pandemic, the Asian Development Bank (ADB) is recommending the Asia-Pacific region to prioritize the improvement of workforce skills and address inequality. As countries strive to rebuild their economies, these measures are deemed crucial for promoting sustainable and inclusive […]
New Zealand Experiences Trade Deficit as Exports and Imports Decline in July
New Zealand Experiences Trade Deficit as Exports and Imports Decline in July In a surprising turn of events, New Zealand has recorded its first trade deficit in four months as both exports and imports experienced a decline in July. This unexpected downturn in the country’s trade performance has raised concerns about the state of the […]
China’s Trade Growth with BRICS Nations Reaches 19.1% – Highlights from the Upcoming Summit
Trade between China and BRICS countries grows by 19% in first seven months of 2021 In a significant development, trade between China and the four BRICS countries has witnessed a remarkable surge of 19.1% during the first seven months of this year. The upsurge signals the strengthening economic ties among the member nations. Impending Summit […]
UK Basic Wages Reach Record Highs, Raising Concerns of Inflationary Pressures
UK Basic Wages Reach New Record Highs Amid Growing Concerns over Inflationary Pressure London, UK – In a surprising turn of events, basic wages in the United Kingdom have soared to unprecedented levels, setting a new record. However, this development has triggered fears of inflationary pressures among policymakers at the Bank of England (BoE) and […]
China’s Gold Price Surpasses London Market, Influencing Thai Economy: What You Need to Know
China’s Gold Price Surpasses London Market as Government Controls Imports The price of gold in China is currently higher than the price of gold traded in the London market, a trend that shows no signs of abating. Chinese traders attribute this phenomenon to the Chinese government’s strict control over gold imports, which has effectively limited […]
China’s Refining Volume Surges by 17.4% in July Driven by Tourism Demand
China’s Refining Volume Soars by 17.4% in July on Thriving Tourism Demand China Travel | China Oil | China Oil Refineries | Economic News In a remarkable surge driven by robust tourism demand, China’s refining volume experienced a substantial 17.4% increase in the month of July. This development comes as a testament to the nation’s […]
Experts Warn the New COVID-19 Vaccine May Face Resistance as Eris Hospital Admissions Increase
Experts Express Concerns Over COVID-19 Vaccine Prospects According to a report by Reuters, the eagerly anticipated vaccine against COVID-19 is set to be unveiled next month. However, health experts and analysts are skeptical about its potential success. They argue that the public may not readily embrace the vaccine, given the increasing hospitalization rates caused by […]
