Mexico Imposes New Taxes on Digital Services and Asian Textiles
Effective 2025, Mexico mandates RFC registration and tax payments for foreign digital service providers such as Amazon and Uber, alongside a 35% tariff on Asian textiles (excluding free trade partners) implemented in December 2024 and lasting until 2026, aimed at leveling the economic playing field.
Mexico Imposes New Taxes on Digital Services and Asian Textiles
Effective 2025, Mexico mandates RFC registration and tax payments for foreign digital service providers such as Amazon and Uber, alongside a 35% tariff on Asian textiles (excluding free trade partners) implemented in December 2024 and lasting until 2026, aimed at leveling the economic playing field.
Progress
36% Bias Score
India Overtakes China as Top Asian IPO Market in 2024
In 2024, India became Asia's top market for company IPOs, surpassing China due to rising stock prices and a surge in initial public offerings, while China's IPO market shrank by 86% due to stricter regulations and economic slowdown.
India Overtakes China as Top Asian IPO Market in 2024
In 2024, India became Asia's top market for company IPOs, surpassing China due to rising stock prices and a surge in initial public offerings, while China's IPO market shrank by 86% due to stricter regulations and economic slowdown.
Progress
44% Bias Score
China and Japan Strengthen People-to-People Exchanges with 10 New Agreements
In Beijing, China and Japan signed 10 agreements to enhance people-to-people and cultural exchanges, covering areas such as youth visits, education, tourism, sports, media cooperation, and women's empowerment, aiming to build stronger bilateral ties.
China and Japan Strengthen People-to-People Exchanges with 10 New Agreements
In Beijing, China and Japan signed 10 agreements to enhance people-to-people and cultural exchanges, covering areas such as youth visits, education, tourism, sports, media cooperation, and women's empowerment, aiming to build stronger bilateral ties.
Progress
52% Bias Score
Global Coal Use to Hit Record High in 2024
Global coal demand is set to hit a record 8.77 billion tonnes in 2024, driven by increased demand in Asia, particularly in China and India, despite warnings about environmental damage. The IEA predicts this high level will continue for three years.
Global Coal Use to Hit Record High in 2024
Global coal demand is set to hit a record 8.77 billion tonnes in 2024, driven by increased demand in Asia, particularly in China and India, despite warnings about environmental damage. The IEA predicts this high level will continue for three years.
Progress
36% Bias Score
Bitcoin Hits Record High After Trump's Election Win
Bitcoin hit a record high of over $106,000 today, extending its seven-week rally following Donald Trump's US election win; this surge is fueled by expectations of pro-crypto policies and significant tech company support for Trump's inauguration.
Bitcoin Hits Record High After Trump's Election Win
Bitcoin hit a record high of over $106,000 today, extending its seven-week rally following Donald Trump's US election win; this surge is fueled by expectations of pro-crypto policies and significant tech company support for Trump's inauguration.
Progress
48% Bias Score
Europe's EV Battery Production Lags: Collaboration with Asia is Key
Europe's electric vehicle battery production lags behind Asia, with many planned plants delayed or canceled, highlighting the urgent need for international collaboration to accelerate growth and overcome production challenges.
Europe's EV Battery Production Lags: Collaboration with Asia is Key
Europe's electric vehicle battery production lags behind Asia, with many planned plants delayed or canceled, highlighting the urgent need for international collaboration to accelerate growth and overcome production challenges.
Progress
44% Bias Score
Mexico Imposes New Tariffs on Goods from Asia, Targeting Shein and Temu
Mexico's tax authority imposed new tariffs on goods from countries lacking international treaties, starting January 1st, impacting online retailers like Shein and Temu; goods from China will be subject to a 19% duty, while those from USMCA countries over \$50 will face a 17% duty, aiming to curb tax...
Mexico Imposes New Tariffs on Goods from Asia, Targeting Shein and Temu
Mexico's tax authority imposed new tariffs on goods from countries lacking international treaties, starting January 1st, impacting online retailers like Shein and Temu; goods from China will be subject to a 19% duty, while those from USMCA countries over \$50 will face a 17% duty, aiming to curb tax...
Progress
36% Bias Score
Betashares Attracts $16 Billion, Dominates Australian ETF Market
Betashares, co-founded by Alex Vynokur, attracted $16 billion in 2024, lifting its assets under management to $46 billion, representing one-third of Australia's ETF market; the firm is now eyeing Asian expansion.
Betashares Attracts $16 Billion, Dominates Australian ETF Market
Betashares, co-founded by Alex Vynokur, attracted $16 billion in 2024, lifting its assets under management to $46 billion, representing one-third of Australia's ETF market; the firm is now eyeing Asian expansion.
Progress
44% Bias Score
China and India Agree on Six Points to Resolve Border Dispute
China and India reached six points of consensus on Wednesday to resolve their border dispute, including plans to resume Indian pilgrimages to Tibet, signifying enhanced cooperation and a shift towards a more collaborative relationship.
China and India Agree on Six Points to Resolve Border Dispute
China and India reached six points of consensus on Wednesday to resolve their border dispute, including plans to resume Indian pilgrimages to Tibet, signifying enhanced cooperation and a shift towards a more collaborative relationship.
Progress
40% Bias Score
Pension Funds Shift to Private Markets and Asian Emerging Markets
A new report reveals that global pension funds are shifting investments toward private markets and Asian emerging markets due to historically high levels in Western regulated markets and sustained buyback operations; private debt and Asian emerging market equities are seen as promising.
Pension Funds Shift to Private Markets and Asian Emerging Markets
A new report reveals that global pension funds are shifting investments toward private markets and Asian emerging markets due to historically high levels in Western regulated markets and sustained buyback operations; private debt and Asian emerging market equities are seen as promising.
Progress
20% Bias Score
South Korean Parliament Impeaches President Yoon Suk Yeol
The South Korean parliament voted to impeach President Yoon Suk Yeol on Saturday following his failed attempt to impose martial law on December 3rd, leading to his suspension from power pending a Constitutional Court ruling; this is the second impeachment of a South Korean president in less than a d...
South Korean Parliament Impeaches President Yoon Suk Yeol
The South Korean parliament voted to impeach President Yoon Suk Yeol on Saturday following his failed attempt to impose martial law on December 3rd, leading to his suspension from power pending a Constitutional Court ruling; this is the second impeachment of a South Korean president in less than a d...
Progress
52% Bias Score
South Korean Opposition Renews Impeachment Bid Against President Yoon
South Korea's opposition parties are attempting to impeach President Yoon Suk-yeol for a second time after a previous effort failed due to a ruling party boycott; the motion needs at least eight ruling party members to succeed and faces significant political hurdles.
South Korean Opposition Renews Impeachment Bid Against President Yoon
South Korea's opposition parties are attempting to impeach President Yoon Suk-yeol for a second time after a previous effort failed due to a ruling party boycott; the motion needs at least eight ruling party members to succeed and faces significant political hurdles.
Progress
32% Bias Score