Worldwide

China’s international trade in goods, services up 12 percent to $593.9 billion in July 2024

For services, the value of exports was 228.8 billion yuan, while imports reached 367.1 billion yuan

South Korea’s August exports reach $57.9 billion, up 11.4 percent YoY, driven by strong semiconductor demand

Imports rose by 6 percent year-on-year to $54 billion, resulting in a trade surplus of $3.83 billion

India’s fintech industry attracts $31 billion in investment

Startups in this field have surged by 500 percent, says Prime Minister

Eurozone inflation hits 3-year low of 2.2 percent in August, signaling possible ECB rate cut next month

The inflation landscape is gradually improving, highlighting the progress toward the ECB's 2 percent target

Fitch reaffirms U.S. credit rating at AA+, says fiscal profile unlikely to change much after elections

The agency expects most 2017 Trump tax cuts to continue, impacting revenue and increasing deficits 

Japan upgrades economic assessment for first time in over a year, reflecting improved consumer spending

The government noted that consumption is rising as shipping disruptions at some automakers ease 

ChatGPT’s weekly users exceed 200 million, says OpenAI

The startup also revealed that 92 percent of Fortune 500 companies are using its products

U.S. economy grows 3 percent in Q2 2024, powered by robust consumer spending and business investment

This growth marks a strong rebound from a sluggish 1.4 percent increase in Q1 2024 

China’s $676 billion investment leading the global energy transition

The country's wind and solar exports cut global CO2 emissions by about 810 million tons in 2023

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 industrial companies achieve $575.1 billion in profits in first seven months

The country’s major firms reported 4.1 percent profit increase in July alone

OECD forecasts Malaysia’s GDP growth at 4.9 percent for 2024, 4.7 percent for 2025

This growth is driven by increased domestic demand and a recovery in electronics exports 

South Korea sets 2025 budget at $509.71 billion amid fiscal restructuring

The country allocated 29.7 trillion Won for R&D in 2025 budget

What to expect from Apple’s highly anticipated fall event on September 9

How Apple aims to reignite global growth with its fall lineup

India’s foreign exchange reserves climb to $674.66 billion

This figure is just below the previous record high of $674.919 billion

$30 million data centre inaugurated in Congo to catalyze digital economy

The 400-rack capacity facility is expected boost DRC's digital landscape

Germany commits $3.89 billion to nature-based solutions for climate, biodiversity

This marks the largest investment ever in nature and climate protection in Germany, says minister

India aims for 17 million zero-emission trucks by 2050

The country is accelerating truck electrification with 30 new policy interventions

U.S. crude oil production set for surge to 13.7 million barrels per day in 2025

New Permian wells delivering high output at 433,000 barrels per day

Australia to build world’s largest $24 billion solar farm to power 3 million homes

The project will include an array of panels, batteries and, eventually, a cable linking Australia with Singapore

Eurozone inflation climbs to 2.6 percent in July, dampening ECB rate cut hope

Core inflation, excluding food and energy, held steady at 2.9 percent despite overall inflation rising