World
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Yen Falls Below 160 Per Dollar: Why the Japanese Currency Is Weakening Again
The yen weakened as much as 0.5% to 160.20 per dollar on Aug. 28, its lowest level in about a month, as Federal Reserve Chairman Kevin Warsh reiterated the central…
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Malaysia Raises Fuel Quotas, Boosts Small-Business Support as Living Costs Bite
Malaysian Prime Minister Anwar Ibrahim on Sunday unveiled six measures to alleviate the cost of living and boost businesses, such as reopening a monthly supply of subsidized RON95 fuel at…
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India Forex Reserves Hit Record $729.3 Billion
India’s foreign exchange reserves reached a record $729.328 billion in the week ended Aug. 21, rising $12.422 billion from the previous week, according to data released by the Reserve Bank…
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Iran Inflation Hits 66% As Trade Falls 35%
Iran’s annual inflation has reached 66%, while the country’s foreign trade has fallen 35% as U.S. sanctions, the war and a naval blockade restrict commerce and access to foreign currency.…
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Hong Kong’s Exports Just Surged 50% – and AI Is a Major Reason Why
Hong Kong’s exports surged 53.4% year over year to HK$641.1 billion in June, their strongest monthly growth in more than 42 years, as demand for artificial intelligence-related electronics boosted trade…
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Singapore Fires Back at Hong Kong With New Hedge Fund Tax Breaks
Singapore announced three measures to bolster its position as an asset-management hub on Aug 19, such as the introduction of a proposed tax exemption for returns relating to fund profits,…
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Japan Exports Rise 2.3% on Chip Demand, but Record Imports Push Trade Deficit Higher
Preliminary Finance Ministry data on Thursday showed that Japan was running a trade deficit of 634.5 billion yen ($4 billion) in July, the country’s third-straight monthly deficit, after exports rose…
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US Debt Hits $40 Trillion As Borrowing Costs Become New Fiscal Threat
The U.S. national debt has crossed the $40 trillion mark for the first time, but the milestone is increasingly being overshadowed by a more immediate problem: the government is paying…
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Who Can Get Singapore’s New Investment Management Work Pass? MAS Unveils New Route for Global Talent
Singapore is introducing a new investment management track under its Overseas Networks & Expertise (ONE) Pass for senior investment professionals as the city-state seeks to strengthen its position as a…
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Who Is Andrei Klepach? Russian Economist Reportedly Fired After Warning of Economic Crisis
Andrei Klepach, a Russian macroeconomist and longtime chief economist at state development corporation VEB.RF, has left his position after making unusually critical public remarks about Russia’s economic trajectory and the…
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China Economy July 2026: Retail Sales, Output Miss Forecasts
China’s economy lost momentum at the start of the second half of 2026, with industrial output and retail sales both missing forecasts in July, official data showed Monday. Retail sales…
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China’s Housing Crisis Deepens? New Home Prices Stagnate as Demand Remains Weak
China’s housing price index tumbled 0.1% in July compared with the previous month, and 3.2% compared with July 2019, bringing the nation’s property slowdown to a new low in the…
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Investors Pile Back Into Memory Chips as Samsung, SK Hynix Lead Seoul Rebound
South Korea’s KOSPI rose 3.56% Thursday, Aug. 13, closing above 6,800 for the first time and extending its gains to a fourth session as Samsung Electronics and SK Hynix led…
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July CPI Report: US Inflation Cools to 3.4%
U.S. consumer prices rose 0.1% in July, cooling the annual inflation rate to 3.4% from 3.5% in June, the Bureau of Labor Statistics reported Wednesday. The reading matched Wall Street…
