China’s Q1 GDP grew 5.3% in the first quarter, beating expectations

China’s Q1 GDP grew 5.3% in the first quarter, beating expectations

An employee works on the assembly line of intelligent machinery at a workshop on March 31, 2024 in Qingzhou, Weifang City, Shandong Province of China. Vcg | Visual China Group | Getty Images China’s economy grew 5.3% in the first quarter compared to a year ago, faster than the 4.6% growth expected by economists polled … Read more

Apple CEO Tim Cook visits Vietnam

Apple CEO Tim Cook visits Vietnam

Apple CEO Tim Cook arrived in Hanoi, Vietnam, on Monday as the U.S. tech giant looks to boost sales in new markets. Cook will meet with Apple users, developers and content creators during the two-day visit, local media reported. The CEO posted pictures on X on Monday in Hanoi with musicians. He drank an egg … Read more

Singapore’s new Prime Minister Lawrence Wong will take office on May 15

Singapore’s new Prime Minister Lawrence Wong will take office on May 15

Singapore’s new prime minister Lawrence Wong will be sworn in on May 15, 2024. The current prime minister Lee Hsien Loong announced on April 15 that he will be stepping down and handing the leadership reins to Wong. Ore Huiying | Bloomberg | Getty Images SINGAPORE — Singapore’s Prime Minister Lee Hsien Loong will step … Read more

China has strong fundamentals, businesses should expand: Gan Kim Yong

China has strong fundamentals, businesses should expand: Gan Kim Yong

Businesses should continue to focus on China and explore opportunities to expand their presence in the world’s second-largest economy, Singapore Minister for Trade and Industry Gan Kim Yong said Friday. China had briefly entered deflation territory late last year, and is still struggling with a debt-laden real estate sector. Ratings agency Fitch cut its outlook … Read more

Japanese PM Kishida says the U.S. must play leading role in the world

Japanese PM Kishida says the U.S. must play leading role in the world

U.S. Vice President Kamala Harris and U.S. House Speaker Mike Johnson (R-LA) applaud as Japanese Prime Minister Fumio Kishida addresses a joint meeting of Congress at the U.S. Capitol in Washington, U.S., April 11, 2024. Amanda Andrade-Rhoades | Reuters Japanese Prime Minister Fumio Kishida urged the U.S. Thursday to continue playing a leading role in … Read more

China will still be the world’s top growth driver, says the ADB

China will still be the world’s top growth driver, says the ADB

Flag of China on dark blue background Da-kuk | E+ | Getty Images China will remain the largest growth engine for the world economy in spite of its slowdown, the Asian Development Bank said. “China is obviously going to still be important for some time to come. They still account for nearly half of GDP … Read more

Imports from China to US are rising at fastest rate since last fall

Imports from China to US are rising at fastest rate since last fall

A batch of cars are ready to be shipped to overseas markets at the port of Taicang, Jiangsu province, China, April 9, 2024.  Future Publishing | Future Publishing | Getty Images Inflation is on the rise again, but it isn’t the only economic indicator rebounding. Imports coming to the U.S. from China are experiencing a … Read more

Copper climbs to 2024 high as Wall Street banks raise price forecasts

Copper climbs to 2024 high as Wall Street banks raise price forecasts

Copper plates on wagons ready for onward shipping at the Mufulira refinery, operated by Mopani Copper Mines Plc, in Mufulira, Zambia, on Friday, May 6, 2022. Bloomberg | Bloomberg | Getty Images Soaring copper prices show no signs of slowing down, analysts say, with the red metal’s rally fueled by supply risks and improving demand … Read more

Majority of people in Singapore positive on the economy: SurveyMonkey

Majority of people in Singapore positive on the economy: SurveyMonkey

Almost 80% of Singaporeans are optimistic about the economy, according to SurveyMonkey’s 2024 poll. Damircudic | E+ | Getty Images Majority of the residents in Singapore are bullish about where the economy is headed and confident that the government will be able to support them during their retirement. That’s according to a poll by SurveyMonkey, … Read more

India’s market cap can ‘easily’ jump ten-fold in the next two decades, economist says

India’s market cap can ‘easily’ jump ten-fold in the next two decades, economist says

After overtaking Hong Kong’s stock market in December, India currently has the fourth largest in the world, and is now valued at over $4 trillion. Javier Ghersi | Moment | Getty Images India’s market capitalization can easily grow to $40 trillion in the next 20 years, driven by stronger investor confidence and robust economic growth, … Read more