News & Insights Across Asia
China’s consumer price index (CPI), a key measure of inflation, increased by 0.5% year-on-year in July, according to the National Bureau of Statistics. The modest rise indicates steady economic activity.
The U.S. Federal Reserve holds interest rates steady but signals possible cuts ahead to combat inflation, impacting global and Asian markets.
China’s consumer price index (CPI) rose by 0.2% year-on-year in June, signaling stable inflation. The producer price index (PPI) decline narrowed, suggesting potential stabilization in industrial prices.
Ahead of the U.S. presidential election, ordinary Americans continue to grapple with economic hardships, despite political promises of recovery.
China’s consumer price index rose by 0.3% year-on-year in April, signaling modest inflation as the producer price index decline narrows, according to the National Bureau of Statistics.
China’s CPI rose 0.1% year on year in March, while PPI fell 2.8%, reflecting seasonal demand changes after the Spring Festival holidays, according to the National Bureau of Statistics.
An unprecedented wave of worker strikes is sweeping across the United States in 2023, as over 453,000 employees protest rising income inequality and economic policies that have widened the wealth gap.
China’s CPI rose by 0.7% year-on-year in February, reversing a previous decline, while the PPI fell by 2.7%, according to the National Bureau of Statistics.
Economists Li Daokui and Thomas Sargent discuss the potential slowdown of global economic growth in 2024 and explore strategies for countries to regain resilience amid geopolitical risks and inflation.
Australia’s central bank holds interest rates steady at 4.35%, maintaining a 12-year high amid ongoing inflation concerns and signaling possible future hikes.
Despite President Biden’s declaration of a ‘great year’ with 2.7 million jobs created in 2023, polls show Americans remain discontent with the economy, highlighting a disconnect between economic figures and public sentiment.
Argentina has elected Javier Milei as president. Can his radical economic reforms tame soaring inflation and revive the economy?
UNCTAD’s 2023 Trade and Development Report highlights significant global economic challenges for next year, including inflation, inequality, and sovereign debt, urging pragmatic policies and financial reforms.
Gradual, industry-specific interventions in the U.S. economy are quietly undermining growth, much like a frog slowly boiling without noticing the rising heat. This article explores the hidden costs of these policies.
French labor unions staged nationwide strikes on November 10, demanding wage increases amid rising inflation and energy prices. The protests disrupted transportation in cities like Paris, highlighting public discontent.
Severe inflation in Europe has led to the return of ‘hunger queues’ in Madrid, as residents struggle with soaring prices for essentials. Many families now spend nearly half their income on daily necessities.
Residents of Los Angeles face surging inflation as gas prices hit a record $6.08 per gallon, with the cost of living reaching levels unseen in 40 years, impacting daily life.
Egyptian shop owner Hamdi Ali Abu Zeid shares his struggles as soaring food prices make essentials unaffordable for consumers and threaten local businesses.
Australians are facing an unpredictable future as the cost of living rises sharply, driven by increased prices in daily necessities, petrol, and housing, placing significant pressure on households.
German residents are stockpiling essentials as inflation drives up food and energy prices, with sanctions against Russia contributing to rising costs. Yasmin, a nurse in Brandenburg, shares her experience.