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Thailand legalizing same-sex marriage is likely to bring a flood of tourists

Thailand’s same-sex marriage legislation, scheduled to come into effect in January 2025, could attract an additional 4 million tourists to the country per year, according to a report commissioned by the travel company Agoda. The report published Thursday estimates the country’s marriage equality law may increase tourism arrivals by 10%, netting the country an extra […]

China’s manufacturing output swings back into expansion in October, private survey finds

Workers assemble at a workshop of an equipment manufacturing enterprise in Yunmenshan Street, Qingzhou city, East China’s Shandong province, Aug. 9, 2023. Costfoto | Nurphoto | Getty Images China’s factory activity swung back into expansion among smaller manufacturers in October, according to a private survey released on Friday. The Caixin/S&P Global manufacturing purchasing manager’s index […]

Japan’s central bank to remain undeterred on rate hikes despite LDP’s electoral shock, analysts say

Bank of Japan Governor Kazuo Ueda responds to questions during a Governors talk on Japanese inflation and monetary policy at the International Monetary Fund (IMF) and the World Bank Group 2024 Fall Meeting in Washington, U.S., October 23, 2024.  Kaylee Greenlee Beal | Reuters Japan’s longtime ruling Liberal Democratic Party may have suffered an election […]

Japan’s ruling coalition loses parliamentary majority in snap election

Shigeru Ishiba, Japan’s prime minister and president of the Liberal Democratic Party (LDP), at the party’s headquarters following the lower house election, at the party’s headquarters in Tokyo, Japan, on Sunday, Oct. 27, 2024.  Bloomberg | Bloomberg | Getty Images Japan’s ruling coalition lost its parliamentary majority, with public broadcaster NHK projecting that the Liberal […]

Hyper-local vs. hyper-focused: Two China ETFs go on different paths

Two exchange-traded funds are looking for profits in China with two different strategies. While the Rayliant Quantamental China Equity ETF dives into specific regions, the newly launched Roundhill China Dragons ETF buys the country’s biggest stocks. “[It’s] focused just on nine companies, and these companies are the companies that we identified as having similar characteristics […]