The United States Lost to China in Foreign Companies’ Investments
The United States recorded a huge loss of direct investment by foreign companies. Instead, direct investments by foreign companies are now shifting to China. With billions of foreign direct investments in, China easily becomes the world's largest recipient of foreign...
China: New Investors Choose Mainland Stock Market
New investors in China are opting for the local stock market for their debut. China's dominance in the global market is attracting more new investors to opt for the mainland stock market. Accordingly, the market might not tumble easily even...
China: Economy Grows Along Increasing Recovery
China, again, is the front-runner in recovering the economy. China managed to record a rise in GDP last year despite the coronavirus pandemic. Though the figure still underperforms compared to the previous year's record, it goes over economists, and even...
Indonesia Richest 50 2020: Higher Than Government Tax Revenue
The combined wealth of the top 50 Indonesia richest fell slightly from last year, yet higher than the country's tax revenue.
This Family Sells Everything for Bitcoin, How’s the Result?
A family stakes everything they own into Bitcoin. They were some beggars who have now become very rich. This story began in 2017 when Didi Taihuttu, his wife and three children liquidated a number of their assets, such as businesses,...
Vietnam Exports Grow 5.3% Even Within Pandemics
Even in the face of COVID-19 global pandemic, Vietnam exports this year are up 5.3 percent from last year. The country records the largest trade surplus ever.
After 3-day Rally, Gold Price Fell Again by $1,800
Gold price have been rallying in the last three trading days. Today, (4/12/2020), the price of the gold precious metal has experienced a correction but is still above the level of $1,800 / troy ounce. World gold prices in the...
After France, Canada Also to Impose the Digital Tax
The Canadian government announced on the 30th that it plans to impose digital taxes on global IT companies that provide digital services such as Google and Facebook. Canada plans to impose the new digital tax starting in 2022. According to...
India Falls Into Recession After Decades
Asia's second most populated country, India, has reportedly fallen into recession. This becomes the first recession that India experiences in nearly a quarter of a century. Several advances have been done to relieve the COVID-19 pandemic and its effect on...
China: Consumer Price Inflation Repressed
The drop in the prices of pork led China to the lowest level of consumer price inflation in 11 years. The phenomenon led economists to keep their eyes on China. The country's consumption is expected to bring changes in business,...
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