Month: October 2024
China’s economic woes dampen ‘Golden Week’ holiday travel
Passengers arrive at the Beijing railway station on the first day of peak travel ahead of the National Day holidays in China’s capital city on Sept. 29, 2023. Jade Gao | Afp | Getty Images China is expecting to see more travelers during Golden Week, but the country’s persistent economic woes will likely continue to […]
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Japan’s next prime minister is a career dissenter, but experts doubt he can govern as one
Newly-elected leader and sitting chairperson of the Liberal Democratic Party (LDP) Shigeru Ishiba speaks during a press conference following his election in the party leadership elections on September 27, 2024 in Tokyo, Japan. Pool | Getty Images News | Getty Images Shigeru Ishiba, the man set to become the next leader of Japan, has made […]
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South Korea’s export growth slows as external demand moderates
South Korea’s export growth slowed in September, with shipments to the United States barely increasing, in an outcome that may support market expectations for an easing of monetary policy as early as next week. Mongkol Chuewong | Moment | Getty Images South Korea’s export growth slowed in September, with shipments to the United States barely increasing, in an outcome […]
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Asia-Pacific markets mixed after Powell signals smaller rate cuts; China markets closed for holiday
Commercial and residential buildings in the Minato district of Tokyo, Japan, on Saturday, Oct. 1, 2022. Akio Kon | Bloomberg | Getty Images Asia-Pacific markets are mixed on Tuesday, after Federal Reserve Chair Jerome Powell indicated the recent outsized cuts enacted by the U.S. central bank should not be interpreted as a sign that future […]
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