BOJ may exit negative rates next week. Here’s what you need to know.

BOJ may exit negative rates next week. Here’s what you need to know.

Japan bar chart graph with ups and downs, increasing values, concept of economic recovery and business improving, businesses reopen, politics concept with flag Elif Bayraktar | Istock | Getty Images Speculation is swirling that the Bank of Japan may move to exit the world’s last negative rate policy as early as next week, when policymakers … Read more

When are the world’s central banks cutting rates in 2024?

When are the world’s central banks cutting rates in 2024?

Euros, U.S. dollars, Canadian dollars, Russian rubles and Czech korunas lie on a table as banknotes.  Picture Alliance | Picture Alliance | Getty Images As inflation loosens its grip in most economies, investors are closely monitoring interest rate decisions, with markets expecting a slew of rate cuts this year. While rates in most economies are … Read more

Trump pledges to get tough with tariffs again if elected

Trump pledges to get tough with tariffs again if elected

Proclaiming that “I’m a big believer in tariffs,” former President Donald Trump on Monday indicated he’s likely to reinstitute duties on foreign goods should he win election to a second term. In a CNBC interview, Trump cited both economic and political benefits from targeting foreign goods entering the U.S. “I fully believe in them economically … Read more

India inks ‘watershed’ $100 billion free trade deal with four non-EU nations

India inks ‘watershed’ 0 billion free trade deal with four non-EU nations

India flag, stock market, exchange economy and Trade, oil production, container ship in export and import business and logistics. Texbr | Istock | Getty Images India will lift most tariffs on four nations in Europe in a “watershed” deal that is expected to yield $100 billion worth of investment over 15 years and one billion … Read more

More Indian travelers are choosing extreme road trips to see the world

More Indian travelers are choosing extreme road trips to see the world

Meenakshi Sai, 51, looks like any other Indian woman, dressed in a saree and sporting a bindi on her forehead. But unlike many women in her country, she’s been driving since she was 18 years old. As of 2020, less than 7% of India’s 236 million drivers were women, according to the data website Statista. … Read more

AirAsia’s Tony Fernandes on viral topless post

AirAsia’s Tony Fernandes on viral topless post

Tony Fernandes, chief executive officer of Capital A Bhd., during the Milken Institute Asia Summit in Singapore, on Thursday, Sept. 14, 2023. The summit runs through Sept. 15. Bloomberg | Bloomberg | Getty Images AirAsia founder and CEO Tony Fernandes says he does not regret the viral LinkedIn post that showed him receiving a massage … Read more

Japan averts technical recession as revised fourth-quarter data shows economy grew 0.4%

Japan averts technical recession as revised fourth-quarter data shows economy grew 0.4%

Commuters walking at Shibuya Crossing, Tokyo © Marco Bottigelli | Moment | Getty Images Japan averted a technical recession as revised official data on Monday showed the economy returned to growth in the the October-December period last year. Japan’s gross domestic product expanded 0.4% in the fourth quarter compared with a year earlier. Provisional data … Read more

China doubles down on manufacturing, leaving real estate behind

China doubles down on manufacturing, leaving real estate behind

Huawei’s Aito electric cars are manufactured by Seres in Chongqing, China.  China News Service | China News Service | Getty Images BEIJING — China revealed this week it aims to spend more than a billion dollars to bolster manufacturing and domestic tech in a bid to remain globally competitive, while divulging little new support for … Read more

Southeast Asia’s smartphone market surges to kickstart 2024

Southeast Asia’s smartphone market surges to kickstart 2024

People using their mobile phones on July 17, 2016 in Surakarta, Indonesia. Solo Imaji | Barcroft Media | Getty Images Smartphone shipments in Southeast Asia continued a resurgence at the start of 2024, contrasting to a lull in other regions, as the promising market for mobile makers continues to attract more brands and investment.  The … Read more

China blames U.S. for bilateral tensions, reaffirms support for Palestinians

China blames U.S. for bilateral tensions, reaffirms support for Palestinians

Chinese Foreign Minister Wang Yi in 2019. Mark Kauzlarich | Reuters BEIJING — China’s top diplomat slammed the U.S. for worsening bilateral tensions, while reiterating Beijing’s support for peaceful resolutions to the Middle East and Russia-Ukraine conflicts. “There is some progress in the China-U.S. bilateral relationship, but we have to point out that U.S. continues … Read more