Indonesia Can Bridge The East-West Gap, Says Businessman
One of the most prominent businessmen in Indonesia has said that Indonesia has the potential of being the bridge between the eastern axis and the western axis. Anindya Bakrie also noted that China has been investing a lot of money in Indonesia for a long time now but the South Asian country is trying to…
Vipin
Asian News Round-Up: Top News From Asia
The continent of Asia has some of the most powerful countries in the world. Asia has also been a place where the major production of goods takes place. So it’s safe to say that there is a lot that takes place in Asia. Today we will give you 3 of the top news from Asia. …
Chandan Kumar
BRICS Summit Begins, PM Modi and Xi Jinping Expected to Share Stage
The Prime Minister will attend the 15th BRICS Summit in Johannesburg along with the leaders of Brazil, China, Russia, and South Africa. This will be the first in-person gathering in the previous three years, after the concluding BRICS summit in 2019 because of the Covid-19 epidemic., When asked about the meeting between Chinese President Xi…
Yash Sharma
Morgan Stanley Increases India’s Rating, China Faces Downgrade
Global brokerage Morgan Stanley has upgraded India to an overweight rating in its latest report. India has surged its rank from sixth to first, with more favourable valuations than in October. The country benefits from foreign direct investment (FDI) and portfolio flows bolstered by multipolar world trends. India’s reform and macro-stability agenda supports a positive…
China Limits The Export Of Critical Chip-Making Metals
As a retaliatory move against the Western countries, who are trying to restrict the growth of China in the semiconductor industry, the country has made it clear that it would not submit to the dominance of the European power, and in response, has put restrictions on the export of metals crucial to build semiconductors and…
Farewell To Fortune: India At Risk Of Losing 6,500 HNWIs
India is likely to see a heavy outflow of millionaires in 2023 and may lose 6,500 high-net-worth individuals (HNWIs) in the current year, according to the Henley Private Wealth Migration Report 2023. Millionaires or High-Net-Worth Individuals are people with an investable wealth of $1 million or more. China has been ranked first in terms of…
India #1 In Population: Exploring The Good And Bad
“India is projected to have a population of 1.66 billion by 2050, as per Business Standard.” Reports say that India’s population might already have exceeded that of China. While different predictions have slightly varying results, one thing is for sure. That India would be the world’s most populous nation by the end of April. The…
US Emerges As India’s Biggest Trading Partner For FY23
Recent reports have revealed that the US surpassed China and became India’s biggest trading partner in the financial year 2022-23. The data released by the Ministry of Commerce suggests that the bilateral trade between the US and India reached $119.42 billion from $80.51 billion in 2020-21. Exports increased to $76.11 billion from $51.62 billion in…
Oil Prices Rise On Hope As China Started Reopening
Oil prices surged on Wednesday as the market was optimistic about the fuel demand since China continues to ease its COVID-19 restrictions. Brent futures for February delivery rose 31 cents to $84.64 a barrel, a 0.4% gain, by 0117 GMT. Besides, US crude advanced 22 cents or 0.3%, to $79.75 per barrel. Both standard prices…
Aman Goyal
Why Is COVID-19 Not Slowing Down In China? Key Points
China is continuously under lockdown due to continuous COVID-19 cases, but the country reported a massive surge in cases recently as the Chinese government lifted the three-year lockdown last month. Eric Feigl-Ding, an Epidemiologist and health economist, claimed that the hospitals in China had been completely overwhelmed since the restrictions dropped. He also predicted that…
