Picture Credit: UCEAP University of California Asia-Pacific markets climbed on Monday as investors welcomed new economic data from China that showed steady growth and policy stability. China’s GDP expanded by 4.8% in the July-to-September quarter compared to a year earlier, aligning with expectations from analysts. The world’s second-largest economy also kept its benchmark lending rates unchanged, maintaining the one-year loan prime rate at 3%, signaling a measured approach

Picture Credit: CN Traveler Kazakhstan is set to remain Central Asia’s fastest-growing economy in 2025, expanding by 5.9%, well above the global average of 3.2%, according to the International Monetary Fund’s (IMF) Regional Economic Outlook released on October 21. The IMF also raised its forecast for the broader Caucasus and Central Asia (CCA) region to 5.6%, driven largely by Kazakhstan’s strong energy output, rising domestic demand, and expanding credit access. Speaking at

Picture Credit: energyupdate.com India’s merchandise trade deficit surged to USD 32.15 billion in September 2025, marking a significant increase from USD 24.42 billion a year earlier, according to flash estimates released by the Commerce Ministry. The widening gap, the largest since the record deficit in November 2024, reflects a sharp rise in imports alongside only modest export growth. Imports jumped 16.7% year-on-year to USD 68.53 billion, driven largely by soaring gold pu

Picture Credit: utilitydive.com Several major financial institutions are grappling with bad loans, fueling concerns on Wall Street about a potential ripple effect across the banking sector. The latest turbulence centers on Jefferies Financial Group, Western Alliance Bancorp, and Zions Bancorp, whose shares all suffered their steepest single-day declines in more than six months last Thursday. The broader market reflected this unease, with the Dow Jones Industrial Average dropp

Picture Credit: sentientmedia.org The planet is now confronting a terrifying “new reality” as it reaches the first of several catastrophic and potentially irreversible climate tipping points, the mass death of coral reefs. A landmark report by 160 global scientists warns that human-driven warming has already pushed warm water corals beyond their limits, marking the start of a dangerous chain reaction that could transform life on Earth. As fossil fuel emissions intensify heat

Picture Credit: DTH Travel Wealthy entrepreneurs are increasingly looking to relocate ,but not primarily for tax benefits according to a new HSBC survey of nearly 3,000 business owners with at least $2 million in investible assets or a net worth of $20 million. The survey, conducted between April and May, found that 57% of respondents are considering adding a new residence within the next year, up from 55% last year. The appetite for relocation is strongest among Gen Z entrep