According to an adviser of the Chinese central bank, China has little room for more monetary policy easing and should focus on structural changes like supporting businesses rather than relying on macroeconomic measures to boost GDP. Beijing’s ability to ease… Read More ›
At the UN General Assembly this week, island nations facing the brunt of climate change’s effects challenged wealthy nations, claiming their survival was at peril because industrialised nations were not acting quickly enough. “There are many amongst us, the small… Read More ›
A study revealed that the euro zone economy is likely to fall this quarter and won’t soon resume growing as the dampening effect of central banks’ protracted campaign of interest rate increases becomes more apparent. S&P Global’s HCOB Flash Euro… Read More ›
About 300 employees of the U.S. Federal Reserve system will lose their jobs this year, a minor but unusual fall in the workforce for a company that has been gradually expanding since 2010 as its influence in the economy and… Read More ›
Following the economy’s hesitant stabilisation, state media outlet CCTV claimed on Wednesday that China would expedite the deployment of additional policies to support its economic recovery. The news was based on a cabinet meeting presided over by Premier Li Qiang…. Read More ›
China and Russia pledged Tuesday to forge ever-closer economic ties despite opposition from the West following Russia’s invasion of Ukraine last year. China supported expanded cross-border connectivity with Russia as well as stronger mutual trade and investment cooperation. Tuesday’s “in-depth”… Read More ›
As tensions build following Prime Minister Justin Trudeau’s statement that police are looking into “credible allegations” linking New Delhi’s operatives to the death of Sikh separatist leader Hardeep Singh Nijjar, trade discussions between India and Canada have been hampered. On… Read More ›
A study released on Tuesday revealed that political unrest and a faltering economy are eroding the confidence of American companies doing business in China, with the percentage of firms confident in their five-year outlook at a record low. According to… Read More ›
The parent company of the grocery delivery service Instacart, Maplebear Inc., announced on Monday that the price of its initial public offering (IPO) at the upper end of its suggested range resulted in a $9.9 billion fully diluted value. This… Read More ›
The US Federal Reserve is not expected to increase interest rates during its meeting on October 31 to November 1, according to Goldman Sachs strategists, who also predicted that when policymakers meet next week, the U.S. central bank would raise its… Read More ›
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