Young Man charging his electric vehicle. Tashdique Mehtaj Ahmed | Moment | Getty Images When Carmelita Fernandes, who lives in the Indian city of Pune, first made the switch from her regular car to an electric Tata Nixon in December 2021, she was excited for the journeys that would follow. After all, it was a … Read more
The U.S. Federal Reserve’s easing cycle will be “mild” by historical standards when it starts cutting rates at its September policy meeting, ratings agency Fitch said in a note. In its global economic outlook report for September, Fitch forecast 25-basis-point cut each at the central bank’s September and December meeting, before it slashes rates by … Read more
The sails of the Opera House are illuminated with projections on the opening night of Vivid Sydney 2023 in Sydney, Australia, on Friday, May 26, 2023. Anadolu Agency | Anadolu Agency | Getty Images Asia-Pacific markets are set to open higher on Friday, extending gains from Thursday as Wall Street’s tech rally continued. In Asia, … Read more
Cargo ships loaded with cars and containers for export are departing at the port of Yantai in Yantai, China, on July 31, 2024. Nurphoto | Nurphoto | Getty Images U.S. trade ties with China will remain tense no matter who wins the election in November, according to Carlos Casanova, senior economist at Swiss private bank … Read more
A General view showing the Central Business District in Central on May 18, 2023 in Hong Kong, China. Vernon Yuen | Nurphoto | Getty Images Asia-Pacific markets opened higher on Thursday, tracking gains on Wall Street after a volatile session spurred by inflation data. Japan’s Nikkei 225 jumped 3% in early trading and the broad-based … Read more
Japanese girls hanging out on Shibuya streets of Tokyo, Japan. Ferrantraite | E+ | Getty Images Japanese wages are expected to grow in real terms in the second half of 2024 for the first time in more than three decades, according to Asset Management One. Wages in Japan are rising more rapidly than they did … Read more
Former US President and Republican presidential candidate Donald Trump speaks during a presidential debate with US Vice President and Democratic presidential candidate Kamala Harris at the National Constitution Center in Philadelphia, Pennsylvania, on September 10, 2024. Saul Loeb | AFP | Getty Images Donald Trump and Kamala Harris clashed on China policy during the presidential … Read more
The upscale shopping district of Ginza in Tokyo, Japan, on Saturday, May 4, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets opened lower on Wednesday, despite gains on Wall Street ahead of the U.S. August consumer inflation report due Wednesday. Traders in Asia parsed key economic data from Japan and South Korea. South Korea reported … Read more
Chinese officials dropped a bombshell in a news briefing usually reserved for major policy announcements: Ye, formerly known as Kanye West, was set to hold a listening party for his new “Vultures” studio album on the Chinese island of Hainan on Sept. 15. To 33-year-old Ziteng Du, a Shanghai-based office worker, and many other … Read more
Turkish Foreign Minister Hakan Fidan attends the BRICS+ session on a two-day BRICS foreign ministers summit held in Nizhny Novgorod, Russia on June 11, 2024. Sefa Karacan | Anadolu | Getty Images Turkey’s request to join the BRICS alliance is a move seen as both strategic and symbolic as the Eurasian country of 85 million … Read more
