The Philippines and Australia shored up their security and economic alliance Friday with the signing of a strategic partnership, as they seek to counter China's growing regional influence.
Today, Bangladesh is capitalizing on its remarkable growth story as it vies for a better seat among other nations. But it is also turning into a site for a power contest in the region.
Russia's central bank announced Wednesday it plans to sharply step up support for the ruble, which has weakened considerably after 18 months of Western sanctions following Moscow's military intervention in Ukraine.
Brokerage firm Bernstein measured the economic gap between India and China on key parameters like nominal gross domestic product (GDP), patents, exports, foreign direct investment (FDI) and forex reserves.
G20 per capita coal emissions continue to rise despite climate pledges and transition efforts by some members of the group of major economies, new research showed Tuesday.
The S&P 500 ended the week at 4,515, up 1.9% for the week, the Dow Jones at 34,837, up 0.70%, and the tech-heavy Nasdaq at 14,031, up 2.4%.
On the approach to Malaysia's $100-billion island megaproject backed by Chinese investment, a collapsed bridge forces drivers to detour before they reach an artificial city emerging from palm oil trees where condos, roads and shops lay empty.
Positive earnings surprises usually drive equity prices higher. But not this time around.
Aiding the down pressure on stocks was the anticipation of a hawkish message by the Fed chair in the annual economic conference at Jackson Hole.
China halved the stamp duty on securities transactions, state media reported Sunday, in an effort to restore confidence in the world's second-largest stock market as the country battles an economic slowdown.
Federal Reserve Chair Jerome Powell said inflation remains too high in the U.S. and the central bank is prepared to raise rates further if appropriate.
China's aggressive expansion into Africa may have solved some of the problems of the old continent while enriching the country's construction companies in the process. But it has yet to help solve China's growing economic problems.
BRICS leaders have agreed to expand the club of major emerging economies and adopted conditions for entry, South Africa said Wednesday, as the bloc pursues greater clout to shape the world order.
Continuing measures to wrangle inflation and avert a U.S. recession are likely to be discussed at the Federal Reserve Bank of Kansas City's annual Economic Policy Symposium in Wyoming.
The eurozone economy is contracting at its fastest rate in three years as a steep decline in manufacturing begins to spread to services, a key survey said Wednesday.
This year, traders and investors on Wall Street will pay close attention to figure out whether rising bond yields and China's woes will give the Fed a good reason for a dovish message — a pause in interest rate hikes in fighting inflation.
The S&P 500 ended last week with 90 points or a 2% loss, the Dow Jones with 1200 or a 3.4% loss, and the tech-heavy Nasdaq with 337 points or a 2.5% loss.
Flooding in China's rice fields is expected to result in lower yields that will then drive global prices up and affect food security in rice importing countries.
China on Tuesday released weaker than expected economic data, with slowing retail sales growth pointing to shaky consumer confidence in the world's second-largest economy.
When bond yields rise, the opportunity cost of capital committed to equities rises, and therefore, the expected return on equities decreases. As a result, equities command lower valuations.
Twelve months ago, Wall Street was trading on the narrative that the U.S. economy will slide into a full-blown recession for the rest of the year.
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China rejected blame for the G20 climate meet's failure to secure an agreement, blaming "some countries" that "introduced geopolitical issues as an obstruction."
China aims to become carbon neutral by 2060 and it has made significant strides in renewable energy, but it continues to rely on coal for energy generation.
The latest U.S. jobs report is a mix of positive and negative news as the national economy tries to achieve a so-called soft landing.
Fitch Ratings is sending a warning to the United States federal government that its current spending and borrowing habits cannot continue without serious consequences for the national and international economy.
The Bureau of Labor Statistics (BLS) will release the July nonfarm payrolls report on Friday morning. It's a survey of private business establishments in the country measuring the net number of jobs generated monthly.
Countries like India and China — the two largest consumers — saw coal demand grow by more than 5% in the first half of 2023.
P&G's price hikes may continue as the company faces cost pressures on several fronts.
France's finance minister said during a visit to Beijing on Sunday that cutting all economic ties with China was "an illusion", as some Western countries question their reliance on the Asian giant.
