Economy

The U.S. economy, though often hailed for its resilience, currently stands at a precarious juncture. While some sectors display signs of stability, various imbalances raise concerns about the potential for a mild recession on the horizon. Analysts at BCA Research emphasize that these imbalances, albeit not severe enough to induce a deep recession, could still

Global Ikhwan Services and Business Holdings (GISB) presents itself as a Malaysian conglomerate dedicated to upholding Islamic principles, echoing the teachings of the Prophet Muhammad. However, recent events have forced a reassessment of this organization, drawing significant public scrutiny over its alleged involvement in the mistreatment of vulnerable children and youths at charity homes purportedly

In the wake of Japan’s ongoing economic recovery, the leadership of the country plays a crucial role in determining the direction of monetary policy. Recently, Sanae Takaichi, the minister in charge of economic security and a noteworthy contender for the leadership of Japan’s ruling Liberal Democratic Party (LDP), emphasized the need for the Bank of

The notion of a U.S. Sovereign Wealth Fund (SWF) has emerged as a focal point of discussion amidst evolving political leadership in America. At its core, a sovereign wealth fund is an investment vehicle owned by the state that pools money from various sources, primarily focusing on national savings and revenues from natural resources. Countries

In recent times, the Chinese real estate market has showcased alarming trends that could have profound implications for the national economy. The data released for August 2023 reflects a significant downturn, with new home prices plummeting at an unprecedented rate not seen in over nine years. As indicators point towards a challenging landscape, it becomes

As the trading week draws to a close, Asian markets appear ready to finish on a positive note, buoyed by resurgence in key Western markets. A robust performance on Wall Street has given Asian stocks a much-needed boost, setting the stage for a day of gains across the continent. With major indices reflecting a trend

The recent release of U.S. core inflation data has caused some turbulence in the global markets. While Asian shares bounced on Thursday, tracking a tech-driven rally on Wall Street, the dollar managed to hold onto gains after the data showed a slight surprise on the upside. This surprise dashed hopes of a significant rate cut

The policymakers in China are currently evaluating a proposal to increase the retirement age in the country, which is currently one of the lowest in the world. The discussions took place during the 11th meeting of China’s Standing Committee in Beijing, highlighting the gravity of the situation. This move is seen as a crucial step

The recent debate between Republican Donald Trump and Democratic Vice President Kamala Harris has left Wall Street investors on edge. Despite a heated exchange over various topics, including the economy and immigration, the lack of clarity on key policy issues has left many uncertain about the impact on financial markets. The debate did little to

Shigeru Ishiba, a former Japanese defense minister and candidate in the ruling party’s leadership race, emphasized the significance of completely exiting deflation in Japan. Despite some improvements, Ishiba expressed his concern that private consumption has not yet fully recovered. He pledged to achieve sustainable growth in real wages to ensure a full exit from deflation,

With futures tied to Wall Street’s main indexes rebounding from heavy losses last week, investors are cautiously optimistic about the prospects of a soft landing for the U.S. economy. The rebound comes ahead of a crucial inflation report later in the week, which will provide further insights into the economic health of the country. Despite

In a recent survey conducted by the Recruitment and Employment Confederation and KPMG, it was revealed that Britain’s labor market experienced a noticeable cooling last month. The report indicated that job placements, especially permanent ones, saw a significant drop at the fastest pace in five months. Moreover, starting pay growth for permanent staff also decreased