Month: August 2024

CNN

21-year-old left the U.S. for Australia on a working holiday visa—why she says her life is better now

Bella Robben moved to Australia in 2023 and lived in a Melbourne apartment before finding a hotel job that also gave her living accommodations.

CNN

China’s consumer prices pick up more than expected in July, up by 0.5%

China’s consumer prices rose by a more-than-expected 0.5% in July from a year ago, according to data from the National Bureau of Statistics on Friday.

CNN

Malaysia’s prime minister lauds country’s burgeoning chip hub status as Infineon opens new plant

Multinational companies have increasingly looked to increase their presence in the Southeast Asian nation as they diversify operations amid U.S.-China tensions.

CNN

China’s exporters enjoyed the benefits of a weak yuan. Now that’s changing and cutting into profits

Chinese companies seeking growth from exports face a new challenge: a strengthening yuan.

CNN

SoftBank swings back to gains at Vision Fund tech arm, announces up to $3.4 billion share buyback

SoftBank announced it would buy back up to 6.8% of shares available amounting to up to 500 billion yen ($3.4 billion).

CNN

India’s ultra-wealthy club is booming — here’s where the country’s rich are investing

India is expected to see the fastest growth in ultra high net worth individuals globally over the next few years, a Knight Frank report forecasts.

CNN

No passports needed: Singapore launches biometric immigration processing at Changi Airport

Singapore launches trials for travelers to clear immigration at Changi Airport using biometric data in lieu of passport checks.

CNN

China’s first university degree in marriage offers courses like matchmaking and pre-divorce counseling

Modules will include sociology, wedding venue design, family ethics, the economics of the marriage industry and family policies.

CNN

The end of the ‘carry trade’? How Japan’s yen could be ripping through U.S. stocks

The key driver of global markets is the yen exchange rate, according to one financial historian.

CNN

Li Auto’s July deliveries hit a record as Chinese EV consumers prefer hybrid options

The strong deliveries reflected Chinese consumers’ persistent concerns about relying only on a battery for driving.