LHASA, April 19 (Xinhua) -- Southwest China's Xizang Autonomous Region saw its foreign trade surge 216.7 percent year on year in the first quarter of 2024, local authorities said on Wednesday. The region's total imports and...
SHANGHAI, April 19 (Xinhua) -- Shanghai ports exported 529,000 vehicles in the first quarter of 2024, up 30.7 percent from the same period last year, Shanghai customs said Thursday. During the period, the customs in the city's...
BEIJING, April 19 (Xinhua) -- The surplus of China's goods and services trade reached more than 60 billion U.S. dollars in the first quarter of this year, a relatively high level for the same period in history, official data showed...
BEIJING, April 18 (Xinhua) -- Beijing's gross domestic product (GDP) exceeded 1.05 trillion yuan (about 148 billion U.S. dollars) in the first quarter of 2024, up 6 percent year on year, local authorities have said. In the first...
After the financial crisis of 2008, regulators around the world agreed banks should have more of a cushion to weather hard times. Now, U.S. regulators are once again looking to update minimum capital requirements through a set of...
Shares of the company behind Truth Social — under stock ticker DJT — have had quite a volatile ride since their debut last month. Here's a look at what's been going on.
The anti-growth coalition, Bank of England and the OBR are among those under fire from Liz Truss Raw free-market economics is missing in action. Somewhere between its 1980s ascendancy and today, the media, politicians, civil service and...
Creak! Pop! Join Chris & Paul for another revelatory and insightful romp through the world of popping financial rivets and newly sprung holes in the monetary dike. This week, the yen, gold and what the prospect of sharply higher...
Kristalina Georgieva says Kyiv will need $42bn of financial support this year as G7 considers ways to use seized Russian assets Russia’s war with Ukraine is stoking geopolitical tensions and damaging the recovery prospects of the global...
Speaking to the United Steelworkers union in Pittsburgh, the president urged major increases to some tariffs on steel and aluminum products from China.
Inflation is proving stubborn this year, and the cost of rent may be to blame. Hawaii's attorney general has released the first report into last year's Maui fires.
Lots of older Americans say they'd love to downsize, but it doesn't make financial sense. The housing roadblock has left some would-be buyers stuck. We asked experts what policies could change that.
Reserve Bank and Treasury had predicted unemployment rate would rise from February’s 3.7% as interest rates bite Follow our Australia news live blog for latest updates Get our morning and afternoon news emails , free app or daily news...
STOCKHOLM, April 18 (Xinhua) -- Cultural and tourism officials from Denmark and China's northeastern province of Heilongjiang have pledged to bolster collaboration in the tourism industry. This commitment was made during an ice and...
What's going on with consumers? This is one of the trickiest puzzles of this weird economic moment we're in. We've covered a version of this before under the term " vibecession ," but it's safe to say, the struggle is in fact real. It is...
When an insurance company can't cover all of its claims, it actually has its own insurance. This is called "reinsurance." How does that work and why do reinsurers look at their risk pool differently than say home or auto insurers?...
Today, I welcome back David Rodgers Webb, Author of “The Great Taking”. For me, this journey began after an initial reading of David’s book, and a weekend down the rabbit hole, followed by my first interview with David last November. ...
Andrew Bailey says inflation is in line with BoE forecasts but view of markets is that data will delay interest rate cuts Analysis: Sunak hopes of pre-election rate cuts frustrated The governor of the Bank of England, Andrew Bailey, has...
IMF says reduction in national insurance may have made cutting UK national debt more difficult The International Monetary Fund has issued a strong warning to Britain and other countries facing elections this year to avoid voter giveaways...
Twenty-two US states have seen the three-month moving average of their unemployment rate less the low of the past 12 months rise 50 basis points or more (a ‘recession’ indicator known as the Sahm rule). Since at least 1978,...
Treasurer and finance minister hail ‘remarkable achievement’ as monitor finds balance to be behind only Canada among G20 countries Follow our Australia news live blog for latest updates Get our morning and afternoon news emails , free...
City investors trim their forecasts for rate cuts this year, after inflation falls by less than expected to 3.2% Full story: UK inflation falls to 3.2%, the lowest level since September 2021 Middle East conflict risks sharp rise in oil...
The new Federal Budget released yesterday has significant implications for capital assets held by individuals and corporations. See: Feds raise capital gains inclusion rate to 66.6% starting June 25. The taxable portion increases to...
Shift in rate reduction predictions to autumn hits prime minister’s strategy of winning back mortgage payers UK inflation falls by less than forecast to 3.2%, cooling rate cut hopes Business live – latest updates When the Bank of England...
Pressure piles on World Bank and IMF to steer countries to low-carbon transition at spring summit Governments of wealthy countries must pledge hundreds of billions more in overseas aid payments channelled through the World Bank to avert...