From 1997 to 2021, the GDP of the country was tremendously low. However, in 2022, the growth quickens to 8.02%. …
Singapore enters the new year by hiking its Goods and Service tax.
Singapore will raise its goods and service tax from Jan 1, 2023. The GST hike is split into two schedules …
Chinese EV maker “Nio” alters delivery guidance for the fourth quarter, citing Covid disruptions.
Overview What it covers is… Chinese electric vehicle maker ‘Nio Inc.’ has lowered its fourth-quarter outlook for deliveries, citing supply …
China’s industrial profits collapse on COVID fallout, next year seen improving
China’s industrial firms’ profits were further exhausted in January-November as strict COVID-19-related curbs disrupted factory activity and supply chains. Still, …
Russia could hike rates in 2023 if inflation risks have big impact – cenbank
Russia, December 27 (Reuters) – According to Deputy Governor Alexei Zabotkin in an interview with the RBC daily, the Bank …
Global smartphone market declined by 3% in the third quarter of the year 2022
Electronics sales have declined significantly due to the ongoing recession in the American economy. In addition, entrepreneur, and former CEO …
Japan’s inflation hits a 40-year high, making Asia markets tumble
Overview Asia Stock Indexes Price Fluctuated Price % Fluctuation Nikkei 225 (N225) 26262.75 -245.12 -0.92 Hang Seng (HSI) 19585.47 -93.75 …
China’s Economy Before and After the Pandemic
According to China’s economic analysts, China is moving from a highly dependent on a real estate and infrastructure business model …
Wells Fargo to Pay Record CFPB Fine to Settle Allegations It Harmed Customers
What It Covers? Wells Fargo’s regulatory troubles continue to ripple through the bank more than six years after its fake …
Bitcoin miner Core Scientific Filing for Bankruptcy
Early Wednesday morning, Core Scientific, the world’s largest Bitcoin mining company, is filing Chapter 11 bankruptcy in Texas, as per …