The photo has been used for illustrative purpose.
China will cut the amount of cash that banks must hold as reserves, releasing around 1 trillion yuan ($154.19 billion) in long-term liquidity to underpin its post-COVID economic recovery that is starting to lose momentum.
The International Monetary Fund’s No. 2 official on Tuesday called on countries to pivot from saving their economies from collapse to reviving growth-oriented policy reforms to boost their recovery prospects and make them more sustainable.
Factory activity in China shrank in August for the fourth month in a row as the United States ramped up trade pressure and domestic demand remained sluggish, pointing to a further slowdown in the world›s second-largest economy.
Alibaba, China’s biggest e-commerce company, has agreed to buy Kaola e-commerce unit from Chinese company NetEase for $2 billion, adding a platform that specialises in supplying curated luxury goods from abroad to domestic consumers.
The House has voted to hold Steve Bannon, a longtime ally and aide to former President Donald Trump, in contempt of Congress for defying a subpoena from the committee investigating the violent Jan. 6 Capitol insurrection.
The Libya Stabilisation Conference in Tripoli supported the timely conduct of the presidential poll set for December 24. The conference was attended by the foreign ministers of the Arab states, Italy and France, the officials of the
As our country went through the toughest days of the pandemic, it was workers on the front line, in back rooms and in their living rooms who got us through it. And what is their reward? A government that heaps their own