BEIJING — It’s clear that China’s efforts to build confidence in its slowing economy will top the agenda of this week’s meeting of its ceremonial national legislature. What remains unclear is how the ruling Communist Party can navigate toward stronger, sustained growth as China’s workforce is aging, relations with Washington are fraught, and housing construction
At Apple’s annual shareholder meeting on Wednesday, CEO Tim Cook said that the company is investing heavily in generative artificial intelligence, sending a clear message to investors that it wants to capitalise on the most buzzed-about technology. “We believe it will unlock transformative opportunities for our users when it comes to productivity, problem-solving, and more,”
Sao Paolo/Brasilia/Tokyo: With their countries deeply divided over Israel’s attacks on Gaza, finance officials from the Group of 20 major economies are poised to set aside geopolitics and focus on global economic issues when they meet in Sao Paulo, Brazil this week. Brazil, keen to ensure a productive session that delivers consensus on key economic
Israel’s finance minister has slammed a decision by the financial ratings agency Moody’s to downgrade Israel’s credit rating By MELANIE LIDMAN Associated Press February 11, 2024, 9:12 AM ET • 3 min read TEL AVIV, Israel — Israel’s finance minister on Sunday slammed the decision by financial ratings agency Moody’s to downgrade Israel’s credit rating,
WASHINGTON – The National Guard still has enough money on hand to complete the training of Ukrainian pilots on F-16 fighter jets despite the U.S. running out of funds to send additional weapons and assistance to Kyiv, the head of the Guard Gen. Dan Hokanson said Thursday. President Joe Biden announced in August that the
WASHINGTON (Reuters) – World Bank President Ajay Banga on Monday rejected allegations that the bank’s International Finance Corp arm sought to cover up reports of sexual abuse at a for-profit school chain in Kenya in which it held a stake from 2013 to 2022. Banga, asked during a Center for Global Development public event about
China’s stock market regulators have renewed their effort to reassure jittery investors by promising to crack down on stock price manipulation and “malicious short selling.” By ELAINE KURTENBACH AP Business Writer February 5, 2024, 3:05 AM ET • 2 min read BANGKOK — Chinese shares gyrated on Monday, sinking to 5-year lows, after stock market
The Japan International Cooperation Agency (JICA) will allocate credit resources for the development of the leather industry in Uzbekistan, Azernews reports, citing Kun.uz News Agency. The republic’s delegation arrived on a working visit to Tokyo last week. The head of the association, Fakhriddin Boboyev, took part in a meeting with JICA Vice-President Sachiko Imoto, dedicated
WASHINGTON (AP) — The U.S. on Monday hit Iraqi airline Fly Baghdad and its CEO with sanctions, alleging assistance to Iran’s military wing — and in addition, imposed a fifth round of sanctions on the militant group Hamas for abuse of cryptocurrency since the October 7 terrorist attack on Israel. The sanctions come as Israel’s
By Una Galani, and Peter Thal Larsen DAVOS, Switzerland (Reuters) – India could ease its heightened scrutiny of Chinese investments if the two countries’ border remains peaceful, a senior Indian official said in the first signal that the four-year-old curbs could be lifted. Border tensions, the biggest irritant to relations between the nuclear-armed Asian giants,