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Latest News
Asia
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 travelÂ
Asia
China’s logistics sector grows 52.8 percent in November as economic recovery signals strength
This represents an increase of 0.2 percentage points compared to October 2024Â
Europe
London Heathrow to invest $3 billion in upgrades over next two years
The airport invested £1.1 billion in 2024 and benefited over 1,100 supply chain partners in the UK
Asia
China’s economy to grow 5 percent in 2024, contributing 30 percent to global expansion
Foreign exchange reserves remain steadily above $3.2 trillionÂ
Banking & Finance
Mastercard to repurchase up to $12 billion shares under new program
The company also announced a quarterly cash dividend of 76 cents per share
Logistics
South Korea’s ICT exports surpass $20 billion for four consecutive months
Record high semiconductor exports drove the industry’s growth
Technology
Australia orders $5.1 million penalty on Kraken operator for unlawful credit facility issuance
Bit Trade ignored its design and distribution obligations until ASIC intervened, revealing compliance deficiencies
Banking & Finance
EU research and development spending reached $400.4 billion in 2023: Eurostat
This represents a 6.7 percent increase over 2022
Banking & Finance
Australia central bank holds interest rates at 4.35 percent
The economy grew by only 0.8 percent over the past year, the slowest pace of growth since the early 1990s
Economy
China’s foreign trade up 4.9 percent to $5.49 trillion in 11 months
Exports surged by 6.7 percent year-on-year, totaling 23.04 trillion yuanÂ
Economy
Japan’s economic growth surpasses estimates: 1.2 percent GDP revision and implications for interest rate hikes
Japan's economy grew faster than expected in July-September, driven by higher capital investment and exportsÂ
Asia
China’s consumer inflation slows to five-month low in November
The producer price index fell 2.5 percent year-on-year in November, a slower decline than the 2.9 percent in October