Senator Chuck Schumer will fulfill his ambition of becoming majority leader as Senator Mitch McConnell returns to heading the minority, shifting the policy agenda as Joe Biden takes office.
The Finance 202: Stock market rallies despite violent chaos engulfing the Capitol
The stock market rallied Wednesday, with the Dow Jones industrial average closing at a record high, while screens on Wall Street trading floors and beyond captured the nightmarish scene of a violent …
IMF Staff Completes 2020 Article IV Mission to Indonesia
Washington, DC: An International Monetary Fund (IMF) team led by Mr. Thomas Helbling conducted virtual discussions on the Indonesian economy for the 2020 Article IV Consultation from November 25 to …
Alibaba and Shopee clash in Vietnam as ASEAN e-commerce war rages
But these customers often ask to switch to online marketplace Shopee for payment. Ngoc understands why: Shopee is known for free deliveries. “From the beginning, Shopee has been geared toward low fees …
Saudi finance ministry signs $3 bln financing deal with Korean firm
Signing of the agreement The Ministry of Finance (MoF), represented by the National Debt Management Center (NDMC), signed a long-term financi …
Macao’s economy expected to stabilize, make progress this year: senior official
Economy of the Macao Special Administrative Region (SAR) is expected to stabilize and make progress this year, a senior official said here on Thursday. The gross revenue for Macao’s gaming industry is …
Trump rules on China investment spark confusion across global finance
Donald Trump’s executive order, which comes into effect on January 11, days before he leaves the White House, has flummoxed financial institutions, leaving the New York Stock Exchange banning a …
Why the United States should compete with China on global clean energy finance
Chuyu Liu and Johannes Urpelainen argue that by offering developing countries affordable financing for green energy products, the U.S. would reduce demand for Chinese-funded fossil fuel energy …
China 2021: Experts make their one big prediction
China Watcher polled leading experts for their predictions on what the already-eventful year 2021 will bring from the People’s Republic. KEEP UP WITH THE PEOPLE AND POLITICS DRIVING GLOBAL HEALTH IN …
China-US tech rivalry: Beijing plans to restructure national labs, boost investment in scientific research
State-backed labs that can carry out the world’s most advanced research are an important part of China’s efforts to boost its technological capabilities, but the country has fallen short of its …