China’s top monetary official said the global financial system is moving away from the US dollar, and China wants to push the renminbi into a more dominant role. Speaking on stage at a financial forum ...
China’s central bank throws weight behind new, emerging global currency system
China’s top monetary official said the global financial system is moving away from the US dollar, and China wants to push the renminbi into a more dominant role. Speaking on stage at a financial forum ...
Xi Story: Coordinating economic, financial work through integrated planning
In 1996, upon learning that Fujian-based Fuyao Glass was facing a critical funding shortage, Xi directed the local government to coordinate an equity swap that helped the company secure investment.
Xi Story: Coordinating economic, financial work through integrated planning
In 1996, upon learning that Fujian-based Fuyao Glass was facing a critical funding shortage, Xi directed the local government to coordinate an equity swap that helped the company secure investment.
China to Complete the World’s Largest Unfinished Skyscraper
At 597 meters tall, the Goldin Finance 117 in the Chinese city of Tianjin is currently the tallest unfinished skyscraper in the world. However, after a stock market crisis and the bankruptcy of the ...
China to Complete the World’s Largest Unfinished Skyscraper
At 597 meters tall, the Goldin Finance 117 in the Chinese city of Tianjin is currently the tallest unfinished skyscraper in the world. However, after a stock market crisis and the bankruptcy of the ...
Philippines Central Bank Cuts Rates Again to Boost Economy
The rate cut was in line with market expectations, as benign domestic inflation and headwinds from tariffs and global geopolitics backed the case for continued easing.
Japan’s royal couple mourn A-bomb victims ahead of Hiroshima’s 80th anniversary
Japan’s Emperor Naruhito has paid respects to atomic bombing victims in Hiroshima as the city marks the 80th anniversary of the tragedy later this year.
Japan’s debts are shrinking. Its troubles may only be starting
Japan’s fiscal position also appears healthier following a rare burst of inflation, which has boosted tax receipts. Preliminary data suggest the country recorded a surplus for the first time in 17 ...
Analysis-Japan returns to long-term LNG deals on AI boom, national energy plan
By Yuka Obayashi and Emily Chow TOKYO/SINGAPORE (Reuters) -Japan is back in the spotlight for liquefied natural gas producers as the boom in artificial intelligence, rising costs for cleaner energy ...