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Banking & Finance
Global public debt to exceed $100 trillion this year, say IMF
Miscellaneous
NASA launches largest-ever spacecraft to Jupiter’s moon in lookout for habitable ocean world
Asia
China reveals world’s largest floating offshore wind turbine, generating 62 million kWh annually for 37,000 homes
Asia
China advances green finance with 19 key measures
Asia
South Korea reports $1.7 billion increase in revenue, yet faces $62.43 billion fiscal deficit in first 8 months of 2024
Banking & Finance
Hurricane Milton to push global insured losses to over $100 billion, says Fitch
Economy Middle East – October 2024
Economy
Asia
Japan’s inflation climbs 2.8 percent amid rising transportation, fertilizer costs
Asia
South Korea reports $1.7 billion increase in revenue, yet faces $62.43 billion fiscal deficit in first 8 months of 2024
Asia
India’s Central Bank holds rates as GDP growth projected at 7.2 percent for 2024-25 and 7.3 percent for Q1 2025-26
The Central Bank kept the repo rate steady at 6.5 percent
Banking
European Council to mobilize $100 billion annually in climate finance through 2025
Economy
South Korea inks $2 billion agreement with Philippines to boost infrastructure projects in developing nationsÂ
Asia
South Korea’s foreign reserves up for third month to $419.97 billion in September 2024
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Technology
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
Miscellaneous
Elon Musk reveals plans for five uncrewed Mars missions
Technology
U.S. White House launches $1 billion fund to boost EV growth, innovation
Fund to invest in innovative companies in battery component and subcomponent manufacturing and materials recycling
Features
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
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
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
Economy
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
Asia
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
Asia
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
Asia
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
Europe
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
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
Asia
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
Asia
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