News & Insights Across Asia
Comprehensive coverage of economic and business news worldwide, with a strong focus on Asia’s emerging markets, trends, and opportunities.
Dubai Chambers announces the Dubai Business Forum – China in Beijing on August 21, aiming to strengthen economic ties between the UAE and China. CEO Mohammad Ali Rashed Lootah shares insights on fostering collaboration in emerging sectors.
China experiences a significant surge in summer travel, driving economic growth. With increased railway and flight services, the “summer vacation economy” boosts tourism, education, and entertainment industries.
Global market turbulence continues as investors watch the USD/JPY and Nikkei 225 amid fears of a looming recession and uncertainty over the Federal Reserve’s policy decisions.
China’s foreign trade reached 24.83 trillion yuan in the first seven months, up 6.2%, driven by strong domestic demand, advanced manufacturing, and a rebound in global trade, according to GAC data.
Asia-Pacific stocks rebound amid yen appreciation; economist Hong Hao discusses the shift of capital to Chinese mainland markets as a defensive investment strategy in volatile times.
Discover how Gen-Z is redefining romance during the Qixi Festival 2024, moving away from traditional gifts to personalized experiences in China’s evolving romantic economy.
Indoor rock climbing is rapidly gaining popularity in China amid Olympic inspiration. Climbing gyms are attracting enthusiasts nationwide, reflecting a trend toward embracing new and diverse sports.
As temperatures soar, Beijing’s “off-season snow play” becomes a popular way to stay cool, offering indoor ice and snow activities like snow shows, ice slides, and penguin encounters.
Skateboarding is stirring up excitement across Asia ahead of the Paris 2024 Olympics, boosting industries and offering new opportunities for businesses, investors, and communities.
Global stocks tumbled on Monday amid rising U.S. recession fears, with major indices experiencing significant declines. Asia-Pacific markets also faced sharp losses but rebounded on Tuesday.
Sixteen of China’s provinces surpass the national average with over 5% GDP growth in H1 2024, led by Inner Mongolia’s impressive 6.2% increase.
With the sports industry experiencing rapid growth globally, it offers new dynamics for economic prosperity and societal well-being.
Japan’s Nikkei 225 Index plunged over 8% on Monday, triggering the futures circuit breaker and halting trading until 1:36 p.m., marking its worst losses since 1987.
An uptick in the U.S. unemployment rate in July strengthens the case for an interest rate cut by the Federal Reserve, as job growth slows and economists express concerns over a potential economic slowdown.
China unveils a comprehensive plan to boost high-quality development of its service sector, aiming to meet growing consumer demand and stimulate economic growth.
The IMF projects China’s GDP to grow by 5% in 2024, aligning with the country’s target, highlighting economic resilience.
Surfing enthusiasm is soaring in South China’s Hainan Island as the sport prepares for its Olympic comeback. Wan Ning city is promoting the surfing industry, attracting young enthusiasts and boosting tourism.
In an interview with CMG, UN Under-Secretary-General Winnie Byanyima praised China for embodying true solidarity by sharing its development experiences and standing with other nations.
China’s improving economy and shifting consumer trends are creating fresh opportunities as the domestic market recovers, says Ingka Centres China’s president.
China’s foreign trade and consumption have maintained steady growth in the first half of 2024, with significant increases in retail sales, imports, exports, and foreign investment, according to MOFCOM.
