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Economy

Asia
China’s services activity grows in October, signaling economic recovery: PMI
Asia
Japan’s manufacturing conditions deteriorate on weaker domestic, global demand

Bank of Japan keeps interest rates unchanged at around 0.25 percent

Bank of Japan keeps interest rates unchanged at around 0.25 percent

Central bank lowered the projected inflation rate for fiscal 2025 from 2.1 percent to 1.9 percent, below the bank's price stability goal of 2 percent

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Technology

Asia
South Korea to provide $6.45 billion in financial support for semiconductor industry by 2025
Miscellaneous
NASA launches largest-ever spacecraft to Jupiter’s moon in lookout for habitable ocean world
Technology
Microsoft pledges $2.7 billion investment in Brazil’s cloud, AI infrastructure
Technology
Microsoft to invest $1.3 billion in Mexico’s cloud, AI infrastructure

Elon Musk Mars

Elon Musk reveals plans for five uncrewed Mars missions

Musk has often revised Starship timelines, claiming uncrewed Mars landings in five years and human landings in seven

Features

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

ICAEW’s Chief Economist Scott Livermore on oil output strategy, economic diversification importance for GCC growth plans

ICAEW’s Chief Economist Scott Livermore on oil output strategy, economic diversification importance for GCC growth plans

Sustained oil output, growing non-oil investments key to healthy economy

Lifestyle

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

China sees 5.4-fold jump in inbound tourism, welcoming over 4.36 million visitors in H1 2024

China sees 5.4-fold jump in inbound tourism, welcoming over 4.36 million visitors in H1 2024

The number of international travelers entering China under the 72/144-hour visa-free transit policies quadrupled YoY