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Economy

Banking & Finance
French central bank reports loss of $8.4 billion for 2024
Economy
Dollar stays stable as February U.S. headline inflation hits 0.2 percent below forecast

EU employment grows 0.2 percent in Q4 2024 as economy steadily expands

EU employment grows 0.2 percent in Q4 2024 as economy steadily expands

Romania, Spain, Greece and Portugal recorded the highest employment growth compared with the previous quarter

Economy
U.S. job cuts surge 245 percent in February, fueled by Musk and Trump’s workforce reductions
Asia
China aims for 5 percent growth in 2025 amid challenges from Trump tariffs
Economy
Eurozone annual inflation up to 2.5 percent, March rate cut still likely

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Technology

South Korea semiconductor

South Korea to provide $6.45 billion in financial support for semiconductor industry by 2025

The government will allocate 1.7 trillion won next year for chip R&D and talent development

Features

Pioneering the electric dream: How Chinese EVs herald a shift in global manufacturing’s balance of power

Pioneering the electric dream: How Chinese EVs herald a shift in global manufacturing’s balance of power

EV penetration levels reached up to 67.9 percent in Shenzhen in 2023, nearly double the national average of 35.7 percent

IMF’s executive director Dr. Mahmoud Mohieldin on fund’s pivotal role in shaping the future of the global economy

IMF’s executive director Dr. Mahmoud Mohieldin on fund’s pivotal role in shaping the future of the global economy

How International Financial Institutions (IFIs) can help countries navigate economic challenges

Visa’s CEMEA President Andrew Torre on getting ready for the next wave of digital disruption

Banking & Finance

Visa’s CEMEA President Andrew Torre on getting ready for the next wave of digital disruption

Businesses need to be agile, adapt their strategies and invest in digital infrastructure

The rise of ‘finfluencers’: Insights from CFA Institute’s President Margaret Franklin

Banking & Finance

The rise of ‘finfluencers’: Insights from CFA Institute’s President Margaret Franklin

President and CEO discusses the challenges women face in the industry

Lifestyle

Japan tourism: Record 33 million foreign visitors welcomed in first 11 months of 2024

Japan tourism: Record 33 million foreign visitors welcomed in first 11 months of 2024

The data highlights Japan's pandemic recovery and reflects broader trends influencing the future of international travel

China logs 110 million inbound, outbound travelers in July and August 2024

China logs 110 million inbound, outbound travelers in July and August 2024

On August 24, China logged the highest daily number of inbound and outbound travelers at nearly 2.24 million

9.11 million foreign tourists visit South Korea during January and July 2024, up 66.8 percent

9.11 million foreign tourists visit South Korea during January and July 2024, up 66.8 percent

This figure represents 97 percent of the tourist levels recorded in July 2019, prior to the COVID-19 pandemic

China’s 20 key tasks aim to revive consumer spending across entertainment, tourism and more

China’s 20 key tasks aim to revive consumer spending across entertainment, tourism and more

The tasks urged increased credit support for critical areas of service consumption to reinvigorate weak domestic demand

Spain fines Booking.com over 6 million for alleged anti-competitive practices

Spain fines Booking.com over $446 million for alleged anti-competitive practices

Booking.com will appeal the "unprecedented" decision, arguing it offers valuable programs to support accommodation partners

International visitors spend record .7 billion in Brazil in H1 2024

Hospitality & Tourism

International visitors spend record $3.7 billion in Brazil in H1 2024

This represents a 15.6 percent surge compared to the first half of 2023

South Korea’s foreign tourist arrivals recover to 96 percent of pre-pandemic levels in June

South Korea’s foreign tourist arrivals recover to 96 percent of pre-pandemic levels in June

Chinese tourists remained the top visitors to Korea with 397,000 arrivals in June