Explainer-China’s RedNote: what you need to know about the app TikTok users are flocking to
BEIJING (Reuters) – Chinese social media app RedNote has been thrust into the limelight after more than half a million TikTok users recently joined the platform in protest against a likely imminent ban on the short video app in the…
TikTok prepares for immediate US shut-off on Sunday – The Information
Investing.com– TikTok, the widely popular short-video platform, is bracing for a potential shutdown in the United States as early as this Sunday, The Information reported on Wednesday citing sources familiar with the matter. This development follows heightened scrutiny and increasing…
China’s growth faces headwinds from US tariffs and property woes, says UBS
Investing.com– China’s economic growth is expected to slow to 4.0% in 2025 as it contends with potential US tariff hikes and ongoing property sector challenges, according to a UBS research note. The tariffs, anticipated to be announced in the first…
China’s growth seen slowing to 4.5% in 2025 as US tariffs bite: Reuters poll
By Kevin Yao BEIJING (Reuters) – China’s economic growth is likely to slow to 4.5% in 2025 and cool further to 4.2% in 2026, a Reuters poll showed, with policymakers poised to roll out fresh stimulus measures to soften the…
Japan’s service mood improves, rising costs cloud outlook
By Leika Kihara TOKYO (Reuters) – Japan’s service-sector sentiment improved in December but companies expect conditions to sour ahead, a government survey showed on Tuesday, a sign the rising cost of living was weighing on household spending. Separate data showed…
Singapore’s single family offices climbed to 2,000 last year, minister says
SINGAPORE (Reuters) – The number of single family offices in Singapore grew to 2,000 in 2024, the deputy chairman of the city state’s central bank, Chee Hong Tat, said on Tuesday. That’s up from a figure of 1,650 Chee shared…