Inflation concerns continue to rattle global markets as the Asia-Pacific region witnessed a downturn following Wall Street’s losses. The U.S. January inflation exceeded expectations, with the consumer price index (CPI) climbing 3.1% on a 12-month basis and 0.3% for the month. This article explores the repercussions of higher inflation on Asia-Pacific markets, highlighting the decline
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In a surprising turn of events, Wish, the once-valued $14 billion e-commerce platform, has recently announced its acquisition by Singapore’s Qoo10 for a mere $173 million in cash. This staggering decrease in value highlights the challenges faced by e-commerce companies in maintaining sustainable growth. Founded in 2010 and based in San Francisco, Wish gained popularity
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