Economic growth
The World Bank's Commodity Markets Outlook expects global commodity prices to decline by 7% in 2025 and 2026, marking the fourth consecutive year of decline. The forecast is attributed to weakening global economic growth, trade tensions, and crude oil glut. According to the report, China and India together
Economic growth
The upgrading of the China-ASEAN Free Trade Area (FTA) to Version 3.0 is expected to inject greater confidence and impetus into regional and global economic growth, stated a spokesperson for the Chinese Ministry of Commerce. The protocol was signed on Tuesday morning in Kuala Lumpur, Malaysia, ahead of the
Economic growth
Chinese President Xi Jinping is set to join leaders from APEC economies in South Korea in a bid to build consensus for shared prosperity and reaffirm China's commitment to open, inclusive economic globalization. As the region faces mounting trade shocks and heightened geopolitical uncertainties, Xi is expected to
Economic growth
China and ASEAN have further strengthened their economic ties with the signing of the China-ASEAN Free Trade Area 3.0 Upgrade Protocol. This upgrade, signed on October 28, 2025, at the 28th China-ASEAN Summit in Kuala Lumpur, Malaysia, marks a significant milestone in the evolution of the China-ASEAN free trade
Global economy
Prime Minister Pham Minh Chinh emphasized ASEAN's unity in diversity and called for harmonious development during the high-level dialogue of the ASEAN Business and Investment Summit (ABIS) 2025 in Kuala Lumpur, Malaysia. The event gathered over 1,500 participants, including ASEAN leaders, CEOs of large corporations, and international
Global economy
The UK is facing a severe economic downturn, with inflation nearly doubling, rising unemployment, and a growth rate that is barely existent. The Chancellor may attribute this to global pressure, but the truth lies in the government's own policies, including a £40bn tax hike and record levels of
International trade
Chinese officials have expressed a desire to stabilize relations between the world's two largest economies, with China's international trade representative, Li Chenggang, stating that China has strictly followed the consensus reached in multiple phone conversations between the two heads of state. The latest round of China-US
Global economy
Chinese Premier Li Qiang expressed China's willingness to work with Singapore to implement major global initiatives and strengthen communication and collaboration within the United Nations, among other mechanisms. Li emphasized the importance of upholding free trade and economic globalization, as well as opposing unilateralism and protectionism. Singaporean Prime
Global economy
ASEAN leaders, CEOs, and international economists gathered at the 47th ASEAN Summit and Related Summits in Kuala Lumpur, Malaysia, to discuss the role of the private sector in promoting policy reforms and elevating ASEAN's global economy. Prime Minister Pham Minh Chinh emphasized the importance of harmonious development, unity
Economic growth
China is set to embark on its 15th Five-Year Plan (2026-2030), building on the foundation laid during the 14th Five-Year Plan (2021-2025). Despite a challenging global landscape, China has consistently served as a reliable engine of growth and a pillar of stability for the world economy. The country's
Global economy
US President Donald Trump began a major trip to Asia this week, with a crucial meeting with Chinese leader Xi Jinping set to take place in South Korea on October 30. The highlight of the trip includes a potential meeting with North Korean leader Kim Jong Un, as well as
Global economy
Brookfield Asset Management has introduced an innovative private equity fund structure aimed at providing Canadian investors with streamlined access to its private equity platform. The evergreen fund strategy simplifies the investment process, allowing for monthly subscriptions with a low investment minimum. Building on the firm's 25-year history of
