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Booming industry attracts wealth of entrepreneurs

To support innovators in achieving greater development, Chengdu of Southwest China's Sichuan province has continued to improve its scientific and technology innovation

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Iran imposes sanctions on British officials, institutes for 'backing terrorism'

The Iranian Foreign Ministry on Wednesday imposed sanctions on a number of British institutes and individuals for "supporting terrorism and terrorist groups, promoting

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Biden to lay out plan to complete emergency oil sales, support U.S. production

U.S. President Joe Biden will announce a plan on Wednesday to sell off the last portion of the release from the nation's emergency oil reserve by year's end and detail

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Asia stocks rise as relief rally builds after UK U-turn

Asia stocks nudged higher on Tuesday as the dramatic U-turn in British fiscal policy brightened investor sentiment, while the U.S. dollar took a breather at its lowest

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Chinese NEV maker BYD expects profit to jump over four times in Q3

China's leading new-energy vehicle (NEV) maker BYD expects net profit to hit 5.5 billion to 5.9 billion yuan ($760 million to $820 million) in the third quarter of 2022

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Family: Saudis sentence US citizen to 16 years over tweets

An American citizen has been arrested in Saudi Arabia, tortured and sentenced to 16 years in prison over tweets he sent while in the United States, his son said Tuesday

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Iranian FM responses to EU sanctions on Iran's morality police, minister

Iranian Foreign Minister Hossein Amir Abdollahian reacted on Monday to the European Union (EU)'s new sanctions on Tehran, calling them "superfluous" and "an unconstruct

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Truss apologizes for going 'too far and too fast' with economic changes

Britain's Prime Minister Liz Truss apologized for "mistakes" in her program that caused investor confidence to evaporate and her poll ratings to plunge before nearly al

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Debating once again, Kemp and Abrams paint drastically different pictures of Georgia

Georgia's Republican Gov. Brian Kemp and Democratic nominee Stacey Abrams faced off on Monday, laying out drastically different views of the state ahead of their rematc

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Türkiye's energy hub ambition needs more countries than Russia: expert

Türkiye's endorsement of Russia's proposal to establish a natural gas distribution center in the country reflects its ambition to become an international energy hub, bu

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Sterling drops as UK turmoil escalates, dollar hits new 32-year high vs yen

The sacking of Finance Minister by UK PM Liz Truss saw the Sterling tumble against the U.S. dollar on Friday. Truss also scrapped parts of their economic package that h

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Analyst expects much more jobs to be lost in U.S. next year

The pace of job growth in the United States is expected to be roughly halved during the fourth quarter of this year, according to a CNN report, citing an analysis from

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German central bank head says rate hikes 'needed' in eurozone

Higher interest rates are necessary in the eurozone, whose central bank has joined others around the world in hiking rates to cool prices, the head of Germany's Bundesb

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New area shines as beacon of development

Sichuan Tianfu New Area in Sichuan province has ushered in a golden age for development since being officially approved as a national-level new area in October 2014, of

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IMF urges policymakers to keep tight fiscal stance to fight inflation

The International Monetary Fund (IMF) on Wednesday urged policymakers to prioritize protecting the vulnerable through targeted support, while keeping a tight fiscal sta

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Former Texas police officer charged with shooting teenager out on bail

A former police officer charged in the shooting of a 17-year-old who was eating in a McDonald's parking lot in San Antonio, in the U.S. state of Texas, was released on

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China to unswervingly promote high-level opening-up: Foreign Ministry spokesperson

Currently, the world economy is facing multiple challenges including unilateralism and protectionism. China will firmly support economic globalization and unswervingly