by Jibran Munaf | November 9, 2024 | Retail
China’s consumer prices grew at their slowest pace in four months in October, while producer price deflation deepened, according to data released on Saturday. This comes even as Beijing has intensified its efforts to support the struggling economy with a new round of...
by Jibran Munaf | November 9, 2024 | Banking, Economy, Green
The Bank of Japan (BOJ) is aiming to keep its inflation target steady at 2% even as it monitors the potential long-term economic effects of climate change, according to Governor Kazuo Ueda. Speaking at a climate impact conference in Basel, Ueda acknowledged that...
by Jibran Munaf | November 9, 2024 | Retail
Following Donald Trump’s presidential election victory, the fashion, beauty, and footwear sectors are bracing for potential disruptions from proposed tariffs on imported goods. Trump has indicated tariffs of 10%-20% on various imports, and as high as 60% on goods from...
by Jibran Munaf | November 9, 2024 | Retail
The UAE is gearing up for another shopping extravaganza as the 11.11 sale returns, bringing discounts of up to 90% along with free vouchers and exclusive bank deals. Both online and brick-and-mortar retailers across the country are rolling out major offers to entice...
by Jibran Munaf | November 9, 2024 | Green
The upcoming COP29 climate summit is facing potential delays as China seeks to include trade issues on the agenda, raising tensions that could derail the start of crucial negotiations. China, representing the BASIC coalition (Brazil, South Africa, India, and China),...
by Jibran Munaf | November 9, 2024 | Corporate Finance, Technology
Sony posted robust quarterly results on Friday, significantly beating analyst expectations on operating profit and revising its full-year sales outlook. The Japanese tech giant’s September quarter operating profit surged by 73% to 455.1 billion yen ($2.98 billion),...
