Category: Economy News

Canada has revealed a slew of measures to isolate Russia. These include sanctions on Russian President Vladimir Putin, shutting Canadian airspace to Russian planes, prohibiting oil imports, and banning Canadian financial institutions from dealing with

Global markets were explosive on Tuesday. Oil prices skyrocketed to seven-year highs behind Russian President Vladimir Putin declared that Moscow would recognize the independence of two breakaway areas of eastern Ukraine and send troops into

In a note published last week, the economists wrote that most monetary authorities in EM Asia would likely stick to their own pace and pay more awareness to domestic demand recovery with minor concerns of

The industrial economy still hasn’t seen a substantial recovery because of the global epidemic, deteriorating trade growth, lack of consumer demand, and other factors, Luo Junjie told reporters. Luo said in Mandarin that on top

The ambition underlines China’s push to get ahead in new technology. It continues a feud with the U.S. in semiconductors to artificial intelligence areas. In a document released last week, China’s State Council, the country’s

The consumer price index, a metric that estimates costs across dozens of items, rose 7%, as stated by the department’s Bureau of Labor Statistics. Every month, CPI increased 0.5%. Economists polled by Dow Jones expected

The development offers some hope for the Bank of Japan’s struggle to push inflation to its 2% target. It does this by changing perceptions regarding persistent deflation with aggressive monetary easing. But analysts doubt whether

Apple (NASDAQ: AAPL) did not define what probation meant. When it positioned the southern India plant of another supplier, Wistron Corp, on probation behind the unrest last year, it said it would not grant that