Zhu Rongji, the former Chinese premier who helped engineer one of the most consequential periods of economic reform in modern China, died of an illness in Beijing on Wednesday, aged 97. Premier
An iPhone that costs about $100 less might not sound like a trade policy story, but in China’s Hainan Island, it is. As global trade faces rising tariffs and growing protectionism, China
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The development of aviation has opened up the world in a way that no other single invention has done before. – Charles Lindbergh In 1996, the United Nations General Assembly proclaimed 7
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The Indian rupee has emerged as Asia’s worst-performing currency in 2025, on track for its largest annual decline since 2022, Bloomberg reported. The currency’s weakness this year has been driven by higher
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Sri Lanka has wrapped up a wide-ranging trade and investment mission in Canada that spanned Toronto, Quebec, Montreal, Saskatchewan, and Vancouver, marking one of the country’s most extensive commercial outreach efforts in
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Shein Group Ltd. is expecting a net income of $2 billion in 2025, nearly double the $1.1 billion it reported last year, buoyed by higher profit margins from price increases and cost-cutting
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It seems to me indisputably true that gold is a money and it is the money that is least at risk of being devalued and/or confiscated. Here’s why I believe that’s true.
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India is intensifying financial sector reforms to stabilize foreign investment and bolster capital buffers amid nearly $17 billion in outflows so far this year, Reuters reports. The measures aim to ease access
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Editor’s note: This article is based on a speech delivered by the author at IIT Kharagpur, in which he said modern wars are often invisible and technology-driven, with algorithms as today’s weapons.
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David Sharpe, the former CEO of defunct private lender Bridging Finance Inc., is appealing a ruling by the Ontario Securities Commission (OSC) that found he committed fraud and permanently banned him from
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London is celebrating a rare boost to its capital markets following confirmation that €19 bn software powerhouse Visma plans to hold its IPO in the City. The decision not only breathes life into
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An economy is largely steered by two fundamental policy instruments: monetary policy and fiscal policy. Monetary policy primarily deals with the regulation of money supply, interest rates, and inflation, aiming to maintain
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Central banks around the world have been steadily increasing their gold reserves, with 2024 marking the third consecutive year that global gold purchases surpassed the 1,000 metric tons (MT) threshold. According to
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NDB Bank is excited to introduce ‘NDB Pixel,’ an innovative digital banking solution designed specifically for Sri Lankan teenagers aged 13 to 18. This initiative marks a significant step toward fostering a
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As far as the International Monetary Fund (IMF) is concerned, each person in the Global North is worth nine people in the Global South. We get that calculation from IMF data on voting power
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Deutsche Bank’s profits have plummeted by 92% in the fourth quarter of 2024, a result that has prompted CEO Christian Sewing to signal potential restructuring moves. As reported by the Financial Times,
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