China's debt crisis is escalating, and it’s something the world should be paying close attention to. As the world’s second-largest economy, China’s financial stability has significant implications for ...
Why China’s Debt Crisis Should Concern You: The Global Impact Explained
China's debt crisis is escalating, and it’s something the world should be paying close attention to. As the world’s second-largest economy, China’s financial stability has significant implications for ...
China’s New Loans Fell in July for First Time in Two Decades
A key measure of lending at Chinese banks contracted for the first time in two decades in July while broad credit growth slowed, as borrowing demand languishes in an economy stuck in deflation.
Hiker’s body found after bear drags him from trail into forest in Japan, officials say
A torn, bloodied shirt was found, local news media said, quoting police. A wallet, hat and watch were also located.
Japan’s economy grows at a 1% pace in the last quarter despite Trump’s higher tariffs
The Japanese economy grew at an annualized pace of 1.0% in the April-June quarter, boosted by exports that held up despite U.S. President Donald Trump’s tariffs.
Indonesia will not introduce new taxes in 2026, finance minister says
Indonesia will not introduce any new tax in 2026 to support its tax revenue target and the government will instead rely on internal reforms to increase revenue, Finance Minister Sri Mulyani Indrawati ...
Indonesia proposes budget with shrinking deficit, pledges balanced budget by 2028
Indonesia's President Prabowo Subianto on Friday proposed to parliament a $234 billion budget with a deficit forecast at 2.48% of GDP, while promising to try to gradually reduce the gap and balance ...
Indonesia’s president vows tough stance against corruption in State of the Nation address
Indonesia’s president has vowed to root out corruption and wage war against businesses that have caused billions of dollars of state losses each year. President Prabowo Subianto made the ...
On India’s Independence Day, Modi vows to punish Pakistan for future attacks
During his Friday speech, Modi also hinted India would continue its unilateral suspension of the Indus Water Treaty. The treaty, which India suspended after the April massacre, allows sharing of the ...
India’s Modi vows to protect farmers, cuts tax, pushes self-reliance amid Trump tariff tensions
Indian Prime Minister Narendra Modi urged the country on Friday to move towards more self-reliance, manufacture everything from fertilisers to jet engines and EV batteries, and vowed to protect ...