IMF Downgrades Asian Growth Forecasts Amid Trade Chaos
In a world where markets crave clarity, the latest forecast from the International Monetary Fund (IMF) reads more like a warning signal. On Tuesday, the IMF revised its 2025 economic growth projections for Asia’s powerhouse economies — and it wasn’t pretty. China’s GDP is now expected to grow at just
South Korea Pumped $24B in Semiconductor Amid the Global Race
On Tuesday, South Korea revealed a major boost in its support for the semiconductor industry, increasing the aid package to 33 trillion won ($23.25 billion) — a 25% jump from the 26 trillion won package announced last year. This strategic move comes amid increasing pressure on the government to enhance
Japan’s Current Account Booms While Trump Tensions Loom
Japan’s current account surplus reached an all-time high in 2024, driven largely by the yen’s depreciation, which boosted returns on overseas investments. This surge comes amid growing concerns over the impact of US President Donald Trump’s economic policies. According to data from the Finance Ministry released on Monday, the surplus
Centrally Planned Economy: Pros, Cons, And Examples
Learning about the economy helps residents to understand how it affects their lives and how to make better decisions accordingly. They can better understand tax policies, interest rates, inflation, wealth, etc. There are different types of economies, among which a centrally planned economy is criticised greatly. Do you live in
Top 10 Exporting Countries in Asia: Trillions in Trade
Asia, home to the fastest-growing economies in the world, also has some of the biggest exporting countries. Imports and exports are the backbone of every country’s economy. From the towering skyscrapers of Shanghai to the dynamic tech hubs of Bangalore and Seoul, Asia’s export economy is a story of relentless
The Doom Loop Unveiled? Analysing The Vicious Cycle
Doom Loop refers to a cycle where one negative incident triggers another. This term is commonly used in economics, but many people don’t know how negative it can be. In this blog, we will discuss the doom loopy, its causes, examples, and its impact on the economy. Doom Loop in
10 Largest Economies In Asia In 2024: Financial Leaders
Asian economies have grown rapidly over the years to become vital players in the global market. The skyrocketing GDP indicates how fast these countries have evolved. Regional cooperation initiatives played a major role in this remarkable growth. But which countries lead the pack? To find out the answer, we have
The Real Reason Behind BSP’s Dual Policy Rate Cuts
According to recent reports, the Philippine Central Bank will cut its interest rate by 25 points in October and December. The bank decided to support economic growth, as economists expected inflation to stay under control. The governor of BSP (Philippine Central Bank), Eli Remolona, revealed that a 25 bps reduction
Japan to Get New PM as Fumio Kishida Steps Down!
Japan’s Prime Minister Fumio Kishida is seeking the successor of his legacy as the leader of the ruling Liberal Democratic Party (LDP). Mr Kishida, who has been PM since 2021, has stepped down in the wake of a corruption scandal for his party, rising living costs, and a slumping yen.
Philippines Continue as ASEAN’s Fastest Growing Economy
Asian Development Bank affirms the country’s GDP growth to be at 6%, which will outgrow by 6.2% next year. According to the latest outlook of the Asian Development Bank (ADB), the Marcos administration will hit the target growth this year amid inflation and expectations for interest cuts. Based on the
