Chinese currency’s slide comes despite central bank taking steps to prop up its value.
Zimbabwe, which experienced 500 billion % hyperinflation in 2008, is experiencing another episode of high inflation.
Reductions in tariffs possible down the line, but no return to pre-Trump status quo, analysts say.
New Trump platform ‘Truth Social’ backed by venture capitalist who runs a SPAC based in Wuhan, China.
The decision to hikes rates from 4.5% to 5% comes amid a weak rouble, high inflation and flaring geopolitical tensions.
Asian shares pull back from multi-year highs on fears the new virus strain could slow economic recovery.
Asian stocks dip over fears of a new virus strain in the UK, offsetting gains from news of a new US stimulus bill.
COVID-19 pandemic has hit billions of people hard with poverty set to surge in almost every country, Oxfam says.
To attract investors to its new sovereign fund, Indonesia needs to show governance protocols are airtight, analysts say.
Asian stock markets rise on hopes of a better-than-expected regional economic recovery supported by China’s rebound.
Developing Asia is expected to contract less than previously expected as China and India post economic recoveries.
The lira has lost some 18 percent of its value against the US dollar this year, despite greenback weakness.
The government will send its new offer to the US Securities and Exchange Commission in the coming days, Reuters reports.
IMF sees global economy shrinking 4.9 percent this year, warns of disconnect between Wall Street and Main Street.
