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Chinese Economy

China Tech Giants Are Racing in The Virtual World

China Tech Giants Are Racing in The Virtual World China’s tech titans are succumbing to the call of the Metaverse in the same way that...

Digital Currency and Inflation Problem

Digital Currency and Inflation Problem Policymakers around the world are torn between controlling inflation and supporting growth. In the context of Covid-19, the onus was...

Sterling skyrocketed on Monday. What about Dollar and Yen?

Sterling skyrocketed on Monday. What about the Dollar and Yen?   The British Pound soared on Monday, hitting $1.128. The British government decided to reverse a...

Russian Oil and Fuel Exports Slump

Russian Oil and Fuel Exports Slump Total Russian crude oil exports averaged 3.15M barrels per day this month, a 280,000-BPD decrease from August. Crude exports...

Weekly news summary for September 23 to September 29

Weekly news summary for September 23 to September 29 Friday, Sept. 23: US Oil Hits Eight-Month Low on Recession Concerns Oil prices fell sharply on...

Euro and British Pound rallied Friday. What about Dollar?

Euro and British Pound rallied Friday. What about the U.S. dollar?   The Euro skyrocketed on Friday, hitting a new one-week high along with the Sterling....

U.S. dollar was steady on Thursday. What about the Euro? 

U.S. dollar was steady on Thursday. What about the Euro?    The dollar index remained flat at 112.98 on Thursday. However, it was still close to...

Sterling fell after a brief rally. What about the Euro?

Sterling fell after a brief rally. What about the Euro?    The British Pound fluctuated on Wednesday. The currency skyrocketed at $1.084 during the morning trading...

Euro and British Pound plunged Friday. What about dollar?

Euro and British Pound plunged Friday. What about the dollar?    The U.S. dollar index rallied to 112.330 against a basket of currency on Friday, hitting...

The EU Is Considering a Ceiling on Oil Prices

The EU Is Considering a Ceiling on Oil Prices The European Union is considering an oil price cap, more restrictions on high-tech exports to Russia,...

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