Economy News

Economy

Japan's Economy Shows Modest Growth in Q3, Surpassing Expectations

Japan's GDP grew by 0.3% in Q3, marking a 1.2% yearly increase and surpassing expectations. Private consumption rose 0.7% and domestic demand grew by 0.6%.

Economy

Japan's October BOP Trade Deficit Drops to ¥155.7B: A Closer Look

Japan's BOP trade deficit significantly reduced to ¥155.7 billion in October, compared to ¥315.2 billion in the previous month. Exports rose by 2.9% year-on-year, while imports dec...

Economy

China's Inflation Rate Dips to 0.2% in November: What Does This Mean for the Economy?

China's annual inflation rate dropped to 0.2% in November, down from 0.3% in October, according to the National Bureau of Statistics. Consumer prices fell by 0.6% on a monthly basi...

Economy

China's Bold Economic Shift: Looser Monetary Policy and Enhanced Fiscal Support

China's Politburo announces a shift to a "moderately loose" monetary policy and a more proactive fiscal approach, aiming to boost economic consumption, stabilize the real estate se...

Economy

Vietnam's Bold Move: Reviving Nuclear Power for Sustainable Energy Future

Vietnam's National Assembly has approved plans to restart the Ninh Thuan Nuclear Power Project, aiming to diversify energy sources and meet net zero targets by 2050. The project, i...

Economy

Singapore Households See Income Surge Outpacing Expenses: A Detailed Look

The 2023 Household Expenditure Survey shows Singapore households' income grew faster than expenses, with average monthly income rising 4.1% annually to SGD15,473. Government suppor...

Economy

Vietnam's Foreign Investment Surges to $31.4B in 11 Months

Vietnam has attracted nearly $31.4 billion in foreign direct investment over the past 11 months, with the processing and manufacturing industry leading the way. The real estate bus...

Economy

Singapore Emerges as Billionaire Haven: 47 New Arrivals in 2024

A UBS report reveals that 47 billionaires relocated to Singapore in 2024, bringing their collective wealth to US$155.5 billion. The influx highlights Singapore's appeal as a safe h...