Friday, February 7, 2025

Asia News

Asia is Earth's largest and most populous continent, located primarily in the Eastern and Northern Hemispheres. It shares the continental landmass of Eurasia with the continent of Europe and the continental landmass of Afro-Eurasia with both Europe and Africa.

China’s GDP Reaches 5.2% in 2023

China's gross domestic product (GDP) growth rate reached 5.2% in 2023. Although the Chinese authorities' target of "around 5%" growth has been achieved, the future economic outlook is not bright due to external variables such as a slump in the...

Profit of China’s Industrial Sector Increased

In October 2023, corporate profit in China's industrial sector increased 2.7% year-on-year, Xinhua Network,  reported on the 27th. Based on data released by China's National Bureau of Statistics on the same day, the media reported that the gross profit of...

Indonesia to Freeze Interest Rate This Month

Indonesia central bank (BI), which raised interest rate last month, decided to freeze it this month. According to reports on the 23rd (local time), BI held a monetary policy meeting and announced that it would maintain the 7-day reverse redemption...

Alibaba Reported its Market Cap Decreased

The market capitalization of Alibaba, China's largest e-commerce company that operates AliExpress and Taobao, has reportedly decreased to about half of Tencent, a rival information technology (IT) company, amid slowing domestic demand and intensifying competition. Bloomberg reported on the 18th...

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