Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

COVID impacts on Chinese economy laid out in full

Published

on

China’s economy grew at one of the slowest rates in almost half a century – as the full impact of COVID-19 restrictions are laid bare.

The nation’s GDP rose three per cent in 2022 – much lower than the governments official target of 5.5%.

China’s population fell last year for the first time in six decades, a historic turn that is expected to mark the start of a long period of decline in its citizen numbers with profound implications for its economy and the world.

The country’s National Bureau of Statistics reported a drop of roughly 850,000 people for a population of 1.411 billion in 2022, marking the first decline since 1961, the last year of China’s Great Famine.

That possibly makes India the world’s most populous nation. U.N. experts predicted last year India would have a population of 1.412 billion in 2022 though they did not expect the South Asian nation to overtake China until this year.

India, however, only collects population figures every 10 years and its latest census, originally scheduled for 2021, has been delayed due to the pandemic.

Continue Reading

News

People investing heavily in pet health

Published

on

Australian pet owners are demonstrating their unwavering commitment to their furry companions, as revealed in a recent survey by Finder.com. The survey, conducted among 1,061 respondents, highlights that 94% of pet owners are willing to spare no expense to ensure the well-being of their pets, with some prepared to spend over $10,000.

On average, Australians are willing to invest $6,219 to safeguard their pets’ health, showcasing the deep bond between humans and animals. While 6% of respondents admit they wouldn’t spend anything on vet bills before considering euthanasia, the majority prioritise their pets’ welfare.

To assist pet owners in making informed financial decisions, Finder has announced the winners of its Pet Insurance Awards for 2024. Bow Wow Meow’s Ultimate Care policy stands out for its exceptional value, offering extensive coverage at an affordable price point.

Highly commended policies include petinsurance.com.au’s Platinum Cover and Coles Pet Insurance, providing comprehensive protection for furry companions.

Investing in pet insurance can provide peace of mind, ensuring that pet owners are prepared for unforeseen medical emergencies without compromising their financial stability.

With policies tailored to various needs and budgets, pet owners can find the right coverage for their beloved animals.

Despite generational differences in spending habits, with Gen Z leading the pack in willingness to invest in pet health, one thing remains clear: Australians’ love for their pets is unwavering, exemplifying the cherished bond between humans and animals.

Continue Reading

News

ASEAN emerging as new global economic power?

Published

on

As global supply chains adapt to the pandemic and heightened US-China tensions, attention shifts to ASEAN’s emerging economies.

Could Vietnam and Indonesia lead ASEAN into becoming a third economic powerhouse alongside China and India? Professor Tim Harcourt of UTS and The Airport Economist on Ticker weighs in.

While debates on ‘deglobalisation’ persist, the question arises: is production truly shifting or merely realigning? Geopolitical uncertainties prompt businesses to diversify their supply chains away from China, a move influenced by both politics and economics. Taiwan, Vietnam, and Indonesia emerge as preferred destinations due to their strategic advantages and growing economies.

Australia’s recent Australian ASEAN Summit highlights the potential gains from closer ASEAN ties, given its vast population of over 640 million. What collaborative opportunities lie ahead?

Professor Harcourt’s upcoming Airport Economist ASEAN series on Ticker promises deeper insights into ASEAN’s economic landscape, revealing its potential as a significant global player.

Continue Reading

News

Investors assess geopolitical risks amidst tensions

Published

on

Amidst a backdrop of geopolitical easing, investors are reassessing their risk strategies to navigate a more tranquil global landscape.

This shift coincides with markets recalibrating expectations around potential rate cuts, resulting in a downturn in stocks.

In the tech sector, all eyes are on US earnings reports this week, particularly those of industry giants whose performance often sets the tone for market sentiment.

Additionally, anticipation mounts ahead of the release of Australian CPI data, scheduled for Wednesday, which promises insights into economic health and potential monetary policy implications.

These developments underscore the need for investors to remain vigilant and adaptable in response to evolving geopolitical and economic dynamics.

Continue Reading
Live Watch Ticker News Live
Advertisement

Trending Now

Copyright © 2024 The Ticker Company