Worldwide

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’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 2024 

China’s economy to grow 5 percent in 2024, contributing 30 percent to global expansion

Foreign exchange reserves remain steadily above $3.2 trillion 

Mastercard to repurchase up to $12 billion shares under new program

The company also announced a quarterly cash dividend of 76 cents per share

South Korea’s ICT exports surpass $20 billion for four consecutive months

Record high semiconductor exports drove the industry’s growth

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

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

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 yuan 

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 exports 

Euro area unemployment rate steady at 6.3 percent in October 2024

In October 2024, there were around 12.971 million people unemployed in the EU

China’s industrial profits top $814 billion in Jan-Oct

Over 60 percent of industrial sectors experienced enhanced profitability in October relative to the prior month  

U.S. hosts record 1.12 million international students, adding $50 billion to economy in 2023/2024

Despite competition from the U.K., Canada, and Australia, the U.S. remains the top choice for international students

Fed to keep interest rates unchanged in December, says Nomura

Other global brokerages, including Goldman Sachs and J.P.Morgan, anticipate a 25 bps cut from the central bank next month

China’s foreign trade grows 4.6 percent YoY in October, reaching $5 trillion in ten months

Exports amounted to $2.93 trillion, up 5.1 percent YoY, and imports totaled $2.14 trillion 

Global VC investment rises to five-quarter high of $94.3 billion: Report

AI accounted for over half of the 10 largest funding rounds globally as VC investors continued to show interest in the sector

China’s privately offered funds hit $2.76 trillion by end-September

Equity investment funds, valued at 10.89 trillion yuan, were the largest category

U.S. business activity grows in October, price pressures ease

This suggests that the economy is entering the fourth quarter on a strong note

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 

Global public debt to exceed $100 trillion this year, say IMF

Global public debt could reach 115 percent of GDP in three years, nearly 20 percentage points higher than currently projected

China reveals world’s largest floating offshore wind turbine, generating 62 million kWh annually for 37,000 homes

This turbine has a 260-meter diameter wind wheel and a sweeping area of 53,100 square meters

China advances green finance with 19 key measures

The guideline highlights the green transformation of industries and ecosystem restoration