Yale’s Stephen Roach warns of global volatility, ‘whipsawed’ markets

Yale’s Stephen Roach warns of global volatility, ‘whipsawed’ markets

01 October 2024, Israel, Tel Aviv: Missiles launched from Iran are seen in the sky over Tel Aviv. Ilia Yefimovich/dpa | Picture Alliance | Getty Images Markets are in danger of being “whipsawed” by the combination of regional conflict in the Middle East and rising unemployment in the United States, says Stephen Roach, senior fellow … Read more

Young Chinese are ‘retiring’ in the countryside as China’s unemployment woes grate

Young Chinese are ‘retiring’ in the countryside as China’s unemployment woes grate

A girl hugging a young cattle at a breeding farm in Chongqing, China. Vcg | Visual China Group | Getty Images Fed up with China’s employment situation, young people on the mainland are retreating to the countryside. China’s Gen Z and millennials are increasingly documenting their rural day-to-day “retirement” lives on social media after declaring … Read more

China property stocks surge to highest levels in a year as stimulus rally continues

China property stocks surge to highest levels in a year as stimulus rally continues

SHENZHEN, CHINA – MARCH 09: View of high commercial and residential buildings on March 9, 2016 in Shenzhen, China. General economic slowdown continues in China while the property price and stock bubble faces risk. (Photo by Zhong Zhi/Getty Images) Zhong Zhi | Getty Images News | Getty Images Shares of most Hong Kong-listed Chinese property … Read more

Asia-Pacific stock markets update

Asia-Pacific stock markets update

A MLB store in the Myeongdong shopping district in Seoul, South Korea, on Saturday, March 9, 2024. Bloomberg | Bloomberg | Getty Images SINGAPORE — Asia-Pacific markets are set for a mixed open on Wednesday morning, following a poor start to the trading month on Wall Street that saw major indexes fall amid rising Middle … Read more

What a lengthy U.S. port strike could mean for global supply chains

What a lengthy U.S. port strike could mean for global supply chains

A container ship departs the Port of Newark for the Atlantic Ocean on September 30, 2024 seen from New York City. Spencer Platt | Getty Images News | Getty Images A massive dockworker strike at seaports on the U.S. East and Gulf coasts is expected to wreak havoc on global supply chains and the economy, … Read more

China’s economic woes dampen ‘Golden Week’ holiday travel

China’s economic woes dampen ‘Golden Week’ holiday travel

Passengers arrive at the Beijing railway station on the first day of peak travel ahead of the National Day holidays in China’s capital city on Sept. 29, 2023. Jade Gao | Afp | Getty Images China is expecting to see more travelers during Golden Week, but the country’s persistent economic woes will likely continue to … Read more

Japan’s new outsider leader will face challenges to his dissenting policies

Japan’s new outsider leader will face challenges to his dissenting policies

Newly-elected leader and sitting chairperson of the Liberal Democratic Party (LDP) Shigeru Ishiba speaks during a press conference following his election in the party leadership elections on September 27, 2024 in Tokyo, Japan. Pool | Getty Images News | Getty Images Shigeru Ishiba, the man set to become the next leader of Japan, has made … Read more

Japan Tankan, Powell inflation comments, Golden Week

Japan Tankan, Powell inflation comments, Golden Week

Commercial and residential buildings in the Minato district of Tokyo, Japan, on Saturday, Oct. 1, 2022. Akio Kon | Bloomberg | Getty Images Asia-Pacific markets are mixed on Tuesday, after Federal Reserve Chair Jerome Powell indicated the recent outsized cuts enacted by the U.S. central bank should not be interpreted as a sign that future … Read more

Consumer companies vie for share of India’s booming stock market

Consumer companies vie for share of India’s booming stock market

A bell during the listing ceremony of Ola Electric Mobility at the National Stock Exchange in Mumbai, India, on Friday, Aug. 9, 2024.  Bloomberg | Bloomberg | Getty Images Food delivery platforms, jewelry companies — and even a electric scooter manufacturer. More consumer-centric companies are looking to capitalize on India’s booming stock market and strong … Read more

Google to invest $1 billion in Thailand data center and AI push

Google to invest  billion in Thailand data center and AI push

An illuminated Google logo is seen inside an office building in Zurich, Switzerland. Arnd Wiegmann | Reuters Google announced Monday it’s investing 36 billion Thai baht ($1 billion) into Thailand for the creation of a new data center and expansion of the country’s cloud infrastructure. The move marks a ramp-up of Google’s expansion in Asia, … Read more