After being subdued for the last few years and with companies recovering from the Covid-19 pandemic, it is expected that there would be a surge in their expansion plans of companies this year. Companies are also expected to register higher profits and cash flows which will also prompt greater...

Regulations on foreign investment funds that have stakes in domestic Japanese companies that have important technologies in the critical fields such as the nuclear industry and defence will likely be tightened by the Japanese government, claimed a report published in the Japanese newspaper Yomiuri...

Following a deeper and expanded crackdown on cryptocurrencies by China’s central bank, the value of bitcoin dropped below $30,000 for the first time since January.   Bitcoin, the largest cryptocurrency of the world slumped to $29,332 which was the lowest for the value since January 27 as the...

Australia will file a complaint with the World Trade Organisation (WTO) to launch a dispute resolution process with China over its imposition of anti-dumping duties on Australian wine, Australian Trade Minister Dan Tehan said. "Australia will protect the interests of Australian wine producers by...

In a surprising move, the Bank of Japan unveiled a plan aimed at boosting the funding for fighting climate change. This move underscores the importance that central banks accord to the issue of climate change.   While also maintaining its huge stimulus to supporting Japan’s economic recovery...

The US Federal Reserve (Fed) left its key rate at 0-0.25% p.a. at the end of the June meeting. The regulator also refrained from any changes to asset purchases, but pointed to lower pandemic-related risks due to the spread of vaccination. The US Federal Open Market Committee again refrained from...

Initial public offerings (IPOs) show no signs of going down. In over than 6 months to the end of 2021, US IPOs have already reached $171bn, up $3bn from last year's record IPO figures, Reuters reported, citing Dealogic data. Driving IPO growth are high corporate valuations in the stock market due...

Disruptions caused by the Covid-19 pandemic outbreaks in China’s southern export powerhouse of Guangdong likely weighed down on the growth in factory output of the country in May as it slowed down for the third straight month.   Even though growth in retail sales and investment was lower...

Norway, which positions itself as a progressive and environmentally friendly country, is Western Europe's largest producer of oil and gas. The electric car capital of the world (per capita) produces more oil than Saudi Arabia or Russia. This controversy has sparked a conflict between political...