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August 27, 2024

China’s Industrial Profits Up 3.6% in January-July

Profits of China’s major industrial companies rose 3.6% year-on-year in the first seven months of the year, official data from the National Bureau of Statistics showed on Monday.

The growth rate accelerated from a 3.5% growth in the June-January peri…

South Korea Proposes 3.2% Budget Increase for 2025

The government of South Korea on Tuesday proposed a budget of 677.4 trillion won ($509.71 billion) for next year as it seeks to increase welfare spending for vulnerable people and prop up economic growth while ensuring fiscal health.

The proposed bud…