From tokenized public spending trials to government bond pilots, the state is aggressively pushing public finance onto distributed ledgers. ( read original story ...)
Empty Skyscrapers: China’s Property Slump Still Throttling Growth
The world's tallest unoccupied skyscraper was meant to boast a rooftop pool and a luxury hotel after completion, but instead it has stood deserted in the Chinese port city of Tianjin for years. ( read original story ...)
China’s Real Estate Market Expectations Rebound in First Half, NBS Says
China's real estate market saw improving supply and demand dynamics in the first half of the year, helping lift market expectations, according to a senior statistics official. The improvement was ... ( read original story ...)
China Q2 GDP Growth Slows to 4.3% as Weak Domestic Demand and Property Slump Drag Down Quarterly Growth
China’s economy expanded at its slowest pace since late 2022 in the second quarter, missing market expectations as weak domestic demand and a prolonged property downturn outweighed strong exports. ( read original story ...)
Iran Threatens To Halt All Mideast Energy Exports After Trump Reimposes Naval Blockade
The U.S. has resumed striking Iran during daylight — a move that further signaled the increasing tempo in attacks.
Oil edges higher after US reimposes naval blockade of Iran, launches more airstrikes
Oil prices rose Wednesday after U.S. forces struck Tehran and Washington reinstated its naval blockade of Iranian ports near the Strait of Hormuz.
Turkey starts storage expansion on key LNG import terminal
Turkey has started expansion work at Marmara, its second largest liquefied natural gas terminal, with aims to build a fourth tank to increase the facility's total storage capacity by 63%. Turkey's ...
Indonesia Officially Names 9 African Countries Eligible for Electronic Visa on Arrival in 2026
Indonesia has published the African countries eligible for its electronic Visa on Arrival programme. See the full official list of the nine countries here.
China’s economy grew at a 4.3% annual pace in the last quarter, slowest since late 2022
The official data was far below the economy’s strong 5% pace of growth in January-March, despite a surge in exports driven partly by the boom in artificial intelligence.
China’s economy posts weakest growth in 3 years. What’s going wrong?
Skittish spenders, unemployment, and a yearslong property market crisis continue to weigh on Xi Jinping's ambitions.