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China’s economic system is founded on the reforms carried out in the 1990s. With the unification of dual exchange rates in 1994, markets became the main tool to set prices. Many state-owned enterprises were either privatised or went bankrupt. Since then, privately managed businesses have consistently gained ground.
People are leaving New Zealand in record numbers as unemployment rises, interest rates remain high and economic growth is anemic, government statistics show.
Corrections in the yen and the unwinding of the carry trade are positive developments for Japan, said Jesper Koll, a veteran investor who remains bullish on the Japanese market.
TOKYO (AP) — A Japanese business executive who was detained in Myanmar for more than a month has been released after being convicted of violating rice pricing rules, officials said Tuesday.
LONDON — European stocks on Monday closed mixed, with U.S. and U.K. inflation data set to dominate focus in the coming days.
Adani Group’s stock value plunged by nearly $150bn after Hindenburg Research’s first report in January 2023.
Veteran investor David Roche expects a bear market in 2025 caused by smaller-than-expected rate cuts, a slowing U.S. economy and an artificial intelligence bubble.
China's bond market, the world's second largest, is on edge following a turbulent week in which the central bank started intervening heavily to stem a plunge in yields even as the economy is struggling.