Economic Growth
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X @Bloomberg
Bloomberg· 2025-10-21 23:20
Indonesia’s central bank is poised to lower borrowing costs for a fourth straight month as part of its pledge to go “all out” in buoying economic growth https://t.co/VdV06qkqo1 ...
Portugal's golden visa proves to be popular with rich investors
Bloomberg Television· 2025-10-21 13:30
Golden Visa Program Status - Several European countries, including Spain, the Netherlands, and Ireland, have discontinued their golden visa programs, while Portugal's program remains active [1] - Portugal revamped its golden visa program in 2023 due to concerns about rising house prices attributed to foreign investors [1] Investment and Economic Impact - Portugal's golden visa program offers routes to citizenship through a €500,000 investment in domestic funds or a €250,000 donation to cultural heritage projects [2] - The Portuguese golden visa program is significantly cheaper than the US equivalent, which requires a $5 million investment [2] - A museum in Kamul, Portugal, has raised over €20 million through golden visa donations [3] - Applications for Portugal's golden visa program surged by 72% in 2024, reaching nearly 5,000, an all-time high [4] - The program has generated more than €7 billion up to 2023 [4] Economic Performance and Criticism - Portugal's economy is growing at twice the rate of the Euro zone average [5] - Critics argue that the funds generated by the golden visa program should be directed towards other sectors in need, such as hospitals and schools [4][5]
Aussie gains on easing trade tensions, resilient Chinese economy
Yahoo Finance· 2025-10-20 06:42
Economic Outlook - The Australian dollar rose by 0.3% to $0.6504, buoyed by positive economic data from China and a more optimistic trade outlook [1][4] - China's economy grew by 1.1% in Q3, surpassing forecasts, with industrial output increasing by 6.5%, although the annual growth rate of 4.8% was the weakest in a year [2][3] - Analysts suggest that China is on track to meet its growth target of around 5%, indicating resilience against U.S. tariffs [3] Political Developments - The yen weakened initially as Sanae Takaichi appeared set to become Japan's next prime minister, following crucial political backing [1] - Takaichi's bid for premiership was bolstered by an alliance with the Japan Innovation Party, aligning more closely with her policy views after a previous coalition breakup [5][6] - The market is reacting positively to the potential for Takaichi's leadership, leading to bullish equities and bearish sentiment towards the yen [5] Market Sentiment - Market analysts indicate a sense of "mutually assured destruction" regarding U.S.-China trade tensions, with both sides acknowledging the risks of escalating tariffs [4] - There is a prevailing sentiment that markets will remain jittery until explicit announcements of de-escalation are made [5]
China’s Growth Goal; Indian Banks Seen as Hot Bets| Insight with Haslinda Amin 10/20/2025
Bloomberg Television· 2025-10-20 06:08
>> THIS IS INSIGHT WITH PAUL ALLEN, WHERE WE DIVE DEEPER INTO THE STORIES. THE CHINESE ECONOMY GREW FASTER THAN EXPECTED BUT REMAINED AT ITS WEAKEST PACE IN A YEAR. EXPORTS WERE OFFSET BY CONSUMERS AND COMPANIES.AND WE ARE JOINED WITH HER OUTLOOK AS CHINA'S LEADERSHIP GATHERS FOR A MEETING. IN JAPAN'S RULING PARTY REACHED A COALITION DEAL WITH THE PARTY, PAVING THE WAY FOR THEM TO BECOME THE COUNTRY'S FIRST FEMALE PRIME MINISTER. A UNIVERSITY PROFESSOR JOINS US TO DISCUSS WHETHER THIS ALLIANCE CAN LAST.AND ...
X @BBC News (World)
BBC News (World)· 2025-10-20 04:32
China's economic growth slows as trade tensions with US flare up https://t.co/dfwI84yJoL ...
X @Bloomberg
Bloomberg· 2025-10-20 03:38
Vietnam’s government is targeting annual economic growth of at least 10% over the next five years, even as US tariffs and global trade uncertainty threaten to weigh on exports and investments flows https://t.co/ssicjFpyMD ...
X @Bloomberg
Bloomberg· 2025-10-20 00:50
New Zealand’s main opposition Labour Party has unveiled its first key policy ahead of the 2026 general election — a new government fund that will aim to drive investment and economic growth https://t.co/L5q38L8wB3 ...