September 30, 2024

Israeli Attacks Worsen Lebanon’s Already Struggling Economy

Lebanon is grappling with severe economic and living conditions due to ongoing Israeli attacks since October, which have recently escalated, pushing the country deeper into its worst economic crisis since 2019.

The negative repercussions on the Leban…

Japanese Yen Steadies, Commodity Currencies Hit Record Highs

Japanese yen steadied on Monday as winner of the ruling Liberal Democratic Party’s (LDP) leadership, Japan’s incoming prime minister Shigeru Ishiba signaled monetary policy should remain accommodative, while commodity currencies were lifted to the yea…

China Unveils Raft of Measures to Stabilize Property Market

The People’s Bank of China and the National Financial Regulatory Administration rolled out a wave of policies to stabilize the real estate market.

The mortgage rates for first homes, second homes and more are required to be reduced no lower than 30 b…