Article 1 Oil and Gas
Australia’s Woodside Energy reports strong growth amid strategic focus on core assets

Woodside Energy, a global energy company founded in Australia, announced robust quarterly results that underscore the company's commitment to its growth strategy, marked by enhancing focus on high-value core assets. In the latest press release, CEO Meg O’Neill detailed how Woodside's strategic moves positioned the company for ongoing success, even as the global energy landscape evolves.

Article 1 Automative Industry
EU launches strategic dialogue to secure future of automotive industry

The European Commission has announced a major initiative to safeguard the future of the European automotive industry amidst a period of significant transformation. As announced by President Ursula von der Leyen to the European Parliament last November, a Strategic Dialogue with key stakeholders will officially begin on January 30th.

Article 1 Free Trade Agreements
EU and Malaysia relaunch free trade talks amid global uncertainty

EU and Malaysia have announced the resumption of negotiations for a Free Trade Agreement (FTA), marking a significant step towards closer economic ties and cooperation. The announcement coincided with Malaysian Prime Minister Anwar bin Ibrahim's visit to Europe.

Retail Sales
Post-Black Friday slump hits Australian spending in December

Australian household spending experienced a significant downturn in December 2024, falling by 1.8 per cent according to the latest CommBank Household Spending Insights (HSI) Index.

Article 1 India
India's GDP growth projected at 6.8% for 2025
Investments
EBRD sets new investment record in Central Asia, doubling 2023 figures

The European Bank for Reconstruction and Development (EBRD) has achieved a new operational milestone in Central Asia, investing €2.26 billion across 121 projects in six regional economies during 2024.

Air Transport
IATA reports strong air cargo and passenger growth in November 2024
Bond Issues
ADB sells $5 billion global benchmark bond

The Asian Development Bank (ADB) has successfully priced a $5 billion 3-year global benchmark bond, marking its first US dollar global offering of the year. The proceeds will contribute to ADB’s ordinary capital resources.

Clean Energy
BNP Paribas Finansal Kiralama, EBRD join forces for green push in Türkiye
China
China's real GDP would only marginally decline in a trade war with the US, ADB research finds

Asian Development Bank research estimates that higher US tariffs could halve the US trade deficit and boost nominal income. However, retaliatory tariffs would reduce US income and harm domestic production capacity and real gross domestic product (GDP), with the negative impact intensifying when tariffs extend to free trade agreement partners and prompt retaliation.

Article 1 Clean Energy
Clean Hydrogen stalled: De-risking needed to unlock investment
China
China's Economy Shows Resilience with 5% GDP Growth in 2024

Despite a complex global economic landscape and internal challenges, China's economy demonstrated significant resilience in 2024, achieving a 5.0 percent year-on-year growth in Gross Domestic Product (GDP), according to preliminary estimates release by National Bureau of Statisitcs of China.

Artificial Intelligence
UK to modernise public sector with AI and digital to save £45bn annually