Japan’s core inflation rises in July, but demand-driven growth slows
Economists believe that Japan's inflation figures are largely driven by external factors, such as the yen's depreciation and high global energy prices, rather than domestic demand.
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Rupiah surge poses challenges for Indonesian exporters
With global palm oil prices already under pressure from increased supply and sluggish demand, the strengthening rupiah is squeezing profit margins further.
Walmart divests from JD.com to strengthen Sam’s club business in China
Walmart first became a major shareholder in JD.com in 2016 when it sold its online grocery platform Yihaodian to JD in exchange for a 5% stake, worth around $1.5 billion at the time.
Businesses applaud appointment of Rosan Roeslani as investment minister
Roeslani, who replaces Bahlil Lahadalia, is widely recognized for his expertise in finance and investment, having previously served as Indonesia’s Ambassador to the United States and Deputy Minister of State-Owned Enterprises (SOEs).
Japan considers lodging taxes amid rising tourist numbers
Fuji Yoshida plans to introduce a lodging tax by fiscal 2026 to address these issues directly linked to over tourism.
Amidst factory deflation, falling prices push Chinese exporters to the edge
The issue focuses on relentless price wars engulfing smaller Chinese exporters. The continued fall in producer prices, extending over 15 consecutive months, has aggravated the challenge, squeezing profit margins to a risky point.
China eyes Osaka: Expo bid in bloom
China's Osaka expo plans, marked by cultural nods and green tech focus, hint at global image rehab and a potential 2035 world expo bid.
Apple’s China conundrum: iPhone soars, empire falters
Apple is experiencing mixed results with strong iPhone sales globally but a deepening slump in China, a crucial market. Despite the challenges, analysts remain optimistic about Apple's long-term prospects in China.
Top 5 wealthiest individuals influencing the Indian economic dynamics
India's top five wealthiest individuals, we delve into the business empires of Mukesh Ambani, Gautam Adani, Shiv Nadar, Savitri Devi Jindal, and Radhakishan Damani, a retail giant.
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