A month before the presidential and parliamentary elections, Indonesia has decided to lower the age of application and mandate health status verification procedures as it hired voting managers. The measure was taken to prevent the same from happening again after...
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...
Jack Ma, the founder of Alibaba, has entered the food business with his latest endeavor, "Ma's Kitchen," a startup based in his hometown of Hangzhou, China. The company, officially registered last week, will primarily engage in the sale of pre-packaged...
India's economy, often likened to an elephant due to its perceived slow start but formidable impact, has shifted into a steady trot, gaining global attention and confidence. In contrast, China, the traditional engine of global growth, is experiencing a significant...
China's economy is showing signs of abnormality, with vegetable prices recently falling amid deflation concerns. At this rate, the economy, which is only showing signs of recovery, is expected to return to a recession as if it had done so....
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...
Chinese online shopping platforms are benefiting from overseas markets such as the U.S. for Black Friday, a massive discount event,the Global Times, a state-run Chinese media, reported on the 26th. The media said that Chinese e-commerce platforms such as Temu,...
China, the world's largest oil importer, is expected to increase oil demand by around 4% in the first half of next year. The Organization of Petroleum Exporting Countries (OPEC) predicts that China's oil demand will increase 3.2% in the first...
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...
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...
© 2021 Go Trading Asia.