Blog - Insights

US Holiday Retail Sales Surge Exceeding Projections

Dec 26, 2024

U.S. holiday retail sales surged by 3.8%, exceeding projections, driven by last-minute shopping and strategic promotions. Key sectors like electronics and apparel topped the sales boost.

Turkey's Central Bank Slashes Interest Rates Amid Inflation Concerns

Dec 26, 2024

126

Turkey's central bank lowers interest rates for the first time in two years, signaling a strategic economic shift amid easing inflation and new policy directions.

U.S. Stocks Tumble Amid Rising Treasury Yields and Fed's Rate Strategy

Dec 26, 2024

107

U.S. equity futures show early losses as Treasury yields rise due to the Fed's cautious rate stance, affecting pre-Christmas market momentum. Tech stocks continue to uplift the S&P 500 amid fluctuating economic forecasts.

China Expands Local Government Bond Usage for Economic Growth

Dec 26, 2024

192

China permits local officials to use government bonds more flexibly to enhance public funding efficiency, a key move to boost economic growth amid global challenges.

Alibaba and E-Mart Nearing a Transformative $4 Billion Merger

Dec 26, 2024

249

Alibaba and E-Mart are nearing a $4 billion merger deal, aiming to enhance their competitive edge in South Korea's fast-paced e-commerce sector.

Bank of Thailand Projects Inflation to Stay Within Target Range Through 2026

Dec 26, 2024

125

The Bank of Thailand expects inflation to stay stable between 1% and 3% through 2026, supporting sustainable growth and financial stability.

Shinsegae Group and Alibaba International to Form Joint Venture in 2025

Dec 26, 2024

142

Explore the upcoming 2025 joint venture between Shinsegae Group and Alibaba International, aiming to transform South Korea's e-commerce landscape with AliExpress Korea and Gmarket integration.

Salesforce Challenges Veeva in Pharma Software Industry

Dec 25, 2024

382

Salesforce enters the pharma software sector, challenging Veeva by acquiring major clients and launching a new life sciences product.

WuXi AppTec Sells Cell and Gene Therapy Unit to Altaris LLC

Dec 25, 2024

310

WuXi AppTec sells its cell and gene therapy unit to Altaris LLC, aligning with industry trends to focus on high-growth markets in biotech.

Turkey's Central Bank Set for Landmark Rate Cut

Dec 25, 2024

657

An analysis of Turkey's central bank's expected interest rate cut, with insights on economic implications and financial institution predictions.

Colombia Announces Significant Minimum Wage Increase for 2025

Dec 25, 2024

334

Colombia announces a 9.54% increase in minimum wage for 2025, raising it to 1.4 million pesos monthly and impacting key sectors like agriculture and manufacturing.

China Holds Interest Rate Steady Amid Economic Strategy Adjustments

Dec 25, 2024

161

China's decision to maintain its interest rate reflects strategic adjustments in economic policy, focusing on short-term rates and fiscal tools to address trade tensions and economic growth.