Blog - Insights

Pound Plummets to New Lows Amid UK Fiscal Concerns

Jan 9, 2025

The British pound drops to its lowest level against the US dollar in over a year due to fiscal and inflation anxieties, as borrowing costs rise and investor confidence wanes.

Retail Foot Traffic Sees Small Uptick in 2024, Superstores Benefit

Jan 9, 2025

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Retail foot traffic in 2024 rose slightly, spurred by grocery and superstore visits; economic dynamics influenced consumer choices.

Malaysia's Economic Growth Predicted to Exceed 5% by 2025

Jan 9, 2025

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Malaysia is set to surpass a 5% economic growth rate by 2025, driven by robust foreign investments and effective fiscal strategies, according to the Second Finance Minister.

Japanese Wage Growth at 32-Year High Signals Economic Transformation

Jan 9, 2025

Explore the 32-year high in Japanese wage growth, its impact on economic policies, and the potential monetary shifts in Japan's economic landscape.

SoftBank's Arm Holdings Eyes Strategic Acquisition of Ampere Computing

Jan 9, 2025

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SoftBank's Arm Holdings is exploring the acquisition of Ampere Computing to strengthen its presence in the AI chip market and data center processor sector.

Australian Retail Sales Surge in November, Yet Fall Short of Forecasts

Jan 9, 2025

In November, Australian retail sales saw their largest increase in ten months due to Black Friday promotions, yet analysts noted the growth fell short of expectations, highlighting subdued consumer demand.

China Strengthens Yuan Support with Record Bill Issuance in Hong Kong

Jan 9, 2025

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China reinforces yuan by issuing a record 60 billion yuan in Hong Kong, addressing economic challenges and stabilizing its global presence.

Indonesia Implements New Rules for Commodity Exporters to Bolster Foreign Currency Reserves

Jan 9, 2025

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Indonesia extends the onshore retention period for exporters' foreign currency earnings to a year, aiming to stabilize the rupiah and bolster foreign reserves.

LNG Prices Surge in Asia, Outpacing Oil and Influencing Fuel Choices

Jan 9, 2025

Discover how LNG prices in Asia have surged past oil, prompting a shift towards more polluting fuel options despite environmental concerns.

Uniqlo Operator Reports 7.4% Rise in First-Quarter Operating Profit

Jan 9, 2025

Fast Retailing announces a 7.4% rise in Q1 operating profit, maintaining optimistic profit forecasts for the year.

Seven & i Holdings Sees 24% Dip in Third Quarter Profits

Jan 9, 2025

Seven & i Holdings reports a 24% decline in third-quarter operating profits, attributed to inflationary pressures and global market challenges.

Mali Secures 35% Stake in New Mining Project with Allied Gold Corp

Jan 8, 2025

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Mali signs a deal with Allied Gold Corp, securing a 35% stake in a new mining project near Sadiola to enhance revenue from mineral resources.