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Chinese Economy

The eurozone might avoid new banking crisis – analysts say

The eurozone might avoid new banking crisis – analysts say The eurozone endured a lot over the last several years. First, the coronavirus pandemic ravaged...

EU stock markets retreat ahead of central bank rate hike

EU stock markets retreat ahead of central bank rate hike European stock markets retreated as investors braced for a week-long central bank rate hike and...

The euro and pound fell while the U.S. dollar rallied

The euro and pound fell while the U.S. dollar rallied The euro plummeted on Friday along with the British pound. The rallying dollar weighed on...

Asia-Pacific markets advance amid US Fed anticipation

Asia-Pacific markets advance amid US Fed anticipation Asia-Pacific markets advanced as investors awaited the latest data from the US Fed on its rate hikes as...

China and Russia affirm economic cooperation

China and Russia affirm economic cooperation The Chinese President and Russian President have agreed to cooperate in broad economic and business areas, both countries said...

China’s economic reopening and focus on domestic demand

China’s economic reopening and focus on domestic demand China’s earlier-than-expected reopening of the economy after a swift end to its zero-COVID policy has been hailed...

The BOJ designates “Mr. YCC” to oversee monetary policy

The BOJ designates “Mr. YCC” to oversee monetary policy On Monday, the Bank of Japan appointed Seiichi Shimizu, also known as “Mr. YCC” for his...

China’s fiscal revenues fell by 1.2%

China’s fiscal revenues fell by 1.2% China’s fiscal profit in the first two months of 2023 shrank 1.3% from a year earlier, the finance ministry...

Stocks making the biggest moves

Stocks making the biggest moves Shares of FedEx advanced 11.7% after the company’s fiscal third-quarter profit beat analysts’ estimates. FedEx said adjusted earnings of $3.42...

Weekly news summary for March 10 to March 16

Weekly news summary for March 10 to March 16 Friday, Mar. 10: US Banking Regulators Close Silicon Valley Bank The Federal Deposit Insurance Corp. (FDIC) announced...

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