Strong investor interest has been seen in a recent batch of U.S. bitcoin exchange-traded funds (ETFs), but it’s uncertain if the inflows will continue at this rate in the coming weeks. In the first three days of trading, investors poured… Read More ›
Month: January 2024
Why Does China’s Ageing Population Raise Questions About Its Pension System?
The country’s ageing population poses a serious danger to the long-term development prospects of the economy by undermining Beijing’s policy objectives for the next ten years, which include increasing domestic consumption and containing spiralling debt. China’s population of over 60s… Read More ›
CEO Of Volvo Cars Predicts “Tremendous Growth” In EV Sales
Volvo Cars, which opens a new tab in Davos on Wednesday, defies more pessimistic predictions from competitors by maintaining confidence in “tremendous growth” in the electric vehicle sector, CEO Jim Rowan told the Reuters Global Markets Forum. The automaker stated… Read More ›
Coffee Roasters Feel Cost Pinch Because Of Attacks In The Red Sea
European coffee roasters have seen a sharp increase in expenses as a result of Houthi rebel attacks on ships in the Red Sea, although merchants and industry analysts say it is doubtful that these costs will be passed on to… Read More ›
New Research Find Employees Value Work-Life Balance More Than Financial Compensation
When it comes to their next job, workers prioritise work-life balance over salary, and they also value training in tech and artificial intelligence (AI), according to a new report released on Wednesday by Randstad, the largest employment agency in the… Read More ›
Game To Cease Offering Previously Owned Titles
Game, a UK high-street retailer, has announced that it will be closing its used video game division. According to parent business Frasers Group, the company will phase out trade-ins over the next few months. However, while supplies last, used games… Read More ›
China Recontinues To Release Data On Youth Unemployment, Misses Q4 GDP Predictions
China missed GDP forecasts for the fourth quarter on Wednesday, but it started disclosing the youth unemployment rate again. China’s National Bureau of Statistics reports that the country’s GDP increased by 5.2% during the last three months of 2023. That… Read More ›
Wall Street Banks Acknowledge Impending Risks While Expressing Optimism
When the CEOs of the largest investment banking firms revealed their fourth-quarter earnings on Tuesday, they gave a positive assessment of the state of the U.S. economy and deal pipeline, but they also cautioned about potential threats to the emerging… Read More ›
China’s Population Declines For A Second Year, Raising Questions About Long-Term Growth
In 2023, China’s population declined for a second year in a row due to a record low birth rate and a wave of COVID-19 deaths that coincided with the lifting of strict lockdowns. These factors will have a significant long-term… Read More ›
China’s Growth Is Forecast To Drop To 4.6% In 2024, Putting Pressure On Decision-Makers
A Reuters poll indicated that China’s economic growth will probably drop to 4.6% in 2024 and then to 4.5% in 2025, putting pressure on officials to implement more stimulus measures in the face of deflationary pressures and a sharp decline… Read More ›