Economy
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Germany
German firms struggle to secure loans as economic uncertainty persists
Hesitancy from German banks is at its highest level in seven years, according to the IFO. ADVERTISEMENT German companies are…
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Asia
Surging currency rates and purchasing power: How the US Fed’s moves impact Southeast Asia’s largest economies
When the Fed cut its interest rate three times in 2019, BI also did so, making four adjustments that year.…
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Asia
No more ‘wasted’ Fridays and Sundays: Johoreans hail new weekend schedule as win-win for families and businesses
CONCERNS OVER FACILITATING FRIDAY PRAYERS Some segments of Johor society, however, have urged the government to retain the current schedule. …
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Asia
Banking on company: China’s youth-driven ‘companionship economy’ gains steam, but risks also emerge
It was 3am on a Monday (don’t judge) when I sought out my first conversation companion – for work, of…
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Asia
Indonesia President-elect Prabowo promises higher salaries, improved benefits for judges amid nationwide strike
The base monthly salary for a first-year judge is 2 million rupiah (US$128.20), with significant allowances, bringing their total earnings…
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Sport
Tashkent hosts 4th edition of World Conference on Creative Economy
In this episode of Cult, we attend the 4th World Conference on the Creative Economy in Tashkent, Uzbekistan. ADVERTISEMENT The…
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Asia
Moutai and hairy crabs: Prices for luxury items drop to record lows during China’s Golden Week
Sales of Moutai, known as the national liquor of China, continued to dip during the Golden Week holiday, following declining…
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Videos
Australia’s Gas Crisis: Coming Sooner than You Think
Despite being one of the world’s top natural gas exporters, Australia is on the brink of a gas shortage crisis…
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Asia
Indonesia bans e-commerce firm Temu over fears its small enterprises could be ‘destroyed’
“We want the digital space to be filled with things that make society more productive and profitable. If it is…
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News
Fed chair says US economy is in ‘solid shape,’ gradual rate cuts coming
WASHINGTON — Federal Reserve Chair Jerome Powell signaled Monday that more interest rate cuts are in the pipeline but suggested…
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