Record numbers of tourists flocked to Japan last year, figures showed Wednesday, as the weak yen bolstered the appeal of the “bucket list” destination despite overcrowding complaints in hotspots like Kyoto.The country logged more than 36.8 million tourist arrivals in 2024, topping 2019’s record of nearly 32 million, according to estimates from the Japan National …
Record 36.8 million tourists visited Japan in 2024 Read More »
Asian markets swung Wednesday, continuing their yo-yo start to the year as traders assess the economic outlook with Donald Trump back in the White House, with focus now on the release of key US inflation data.A below-forecast read on wholesale prices provided a little relief and helped the Dow and S&P 500 end in the …
Asian equities mixed as US inflation, China data loom Read More »
China might not be able to rely on trade to steer it out of trouble as blistering tariffs being considered by US President-elect Donald Trump threaten an already struggling economy.Exports have historically represented a key engine in the world’s number two economy, where authorities will release 2024 growth data on Friday that is expected to …
Renewed US trade war threatens China’s ‘lifeline’ Read More »
China’s economic growth likely fell fractionally short of the government’s five percent target last year, according to an AFP survey, as leaders head into 2025 steeling for the second presidency of Donald Trump amid fears of another painful trade standoff.The reading would be the weakest the country has seen since 1990 — outside of the …
China’s economy seen slowing further in 2024: AFP survey Read More »
Different values, different spelling — different country. Donald Trump’s unlikely plan for Canada to become the 51st US state is leading to a surge of national pride north of the border and a pushback against an often imposing neighbor.”There isn’t a snowball’s chance in hell that Canada would become part of the United States,” reacted …
‘We may look easy-going, but…’ Canadians veto Trump’s merger plan Read More »
Stock markets moved in different directions Tuesday with traders’ attention fixed on President-elect Donald Trump’s tariff plans, earnings updates and inflation data.A report suggesting Trump could impose import tariffs more slowly than initially feared provided support and put a cap on the dollar’s latest surge.However, traders remain concerned that his pledges to cut taxes, regulations …
Stocks mixed as traders mull tariffs, inflation, earnings Read More »
Stock markets moved in different directions on Tuesday with traders’ attention fixed on President-elect Donald Trump’s tariff plans, earnings updates and inflation data.A report suggesting Trump could impose import tariffs more slowly than initially feared provided support and put a cap on the dollar’s latest surge.However, traders remain concerned that his pledges to cut taxes, …
Stocks mixed as they track tariffs, inflation and earnings Read More »
The United States finalized a rule Tuesday effectively barring Chinese technology from cars in the American market, taking aim at software and hardware from the world’s second biggest economy over national security risks.The announcement, which also pertains to Russian technology, comes as outgoing President Joe Biden wraps up efforts to step up curbs on China, …
Stock markets mostly rose Tuesday with traders’ attention fixed on President-elect Donald Trump’s tariff plans, earnings updates and upcoming inflation data.A report suggesting Trump could slowly hike import tariffs provided support and put a cap on the dollar’s latest surge.However, traders remain concerned that his pledges to cut taxes, regulations and immigration continue to dampen …
Stocks rise tracking tariffs, inflation and earnings Read More »
Russia and Vietnam signed an agreement on nuclear energy on Tuesday during a visit by Prime Minister Mikhail Mishustin aimed at deepening ties between the two long-standing allies.Vietnam wants to restart nuclear power plans to meet its rapidly expanding energy needs and is hoping that Russia can help.No details about the agreement were immediately available …
