In December, China’s manufacturing sector registered growth that fell short of analysts’ expectations, suggesting that recent government stimulus measures are not adequately addressing the challenges facing the economy. The National Bureau of Statistics released an official Purchasing Managers’ Index (PMI) that stood at 50.1 for December, a slight drop from November’s 50.3 and lower than
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As the trading year draws to a close, the Asia-Pacific markets exhibited varying performance on the penultimate trading day. Following a downturn in Wall Street, where major indices fell, the regional markets reflected a spectrum of sentiments. South Korea’s Kospi and Kosdaq indexes displayed resilience, climbing by 0.91% and 1.74%, respectively. This uptick is notable
The ongoing energy conflict between Russia and Moldova is yet another chapter in the broader narrative of geopolitical tensions in Eastern Europe. As Moldova grapples with its aspirations for integration into the European Union, Gazprom’s recent decision to cease gas supplies to the country underscores the precariousness of its energy dependency on Moscow. This article
In the rapidly evolving landscape of social media and international relations, TikTok has emerged as a focal point of tension between the United States and China. The upcoming legal battle surrounding the popular app highlights a complex interplay of technology, politics, and national security, raising critical questions about how far a government can go to
The performance of China’s industrial sector has been a significant indicator of the country’s economic health. Recent data shows that industrial profits in China have continued on a downward trajectory, marking a 7.3% decline in November year-on-year. This dip extends an unsettling trend over four consecutive months, raising concerns about the effectiveness of government stimulus
The Asia-Pacific stock markets experienced a notable uptick this Thursday, although several establishments remained closed due to the Boxing Day holiday. As investors scanned regional and global cues, Japan’s indices led the charge, buoyed by encouraging fiscal policy announcements and potential corporate restructurings. The Nikkei 225 climbed by 1.12% to settle at 8,220.9, with the
As we reflect on the year 2024, it becomes increasingly evident that the Indo-Pacific region faced an array of challenges, yet managed to showcase resilience and cultural vibrancy. Amid severe climate changes that wreaked havoc and resulted in thousands of casualties, nations across Asia grappled with pressing social issues, particularly concerning demographic shifts and political
In a tragic aviation disaster, an Embraer passenger jet operated by Azerbaijan Airlines crashed near Aktau, Kazakhstan, while en route from Baku, Azerbaijan, to Grozny, a city in the Chechen Republic of Russia. The incident occurred on a Wednesday, involving 62 passengers and an additional five crew members on board. Following the catastrophic event, local
On Wednesday morning, an alarming resurgence of hostilities was observed as Russia launched an extensive missile assault on Ukraine, targeting both civilian areas and crucial energy infrastructure. This attack, involving cruise and ballistic missiles, particularly affected Kharkiv in the northeast where local officials reported at least six injuries and significant destruction of non-residential infrastructure. This
As we look ahead to 2025, the technology sector, which has significantly contributed to market gains over the past couple of years, shows signs of potential turbulence. Despite an impressive performance in 2024, many high-flying tech stocks may experience downturns as valuations become stretched and market sentiment shifts. This article will explore the potential headwinds