The U.S. Federal Reserve on Wednesday raised the benchmark interest rate by 25 basis points to a range of 1.50-3.75 percent and indicated a faster rate hike pace next year, which triggered significant adjustments in global financial markets.
Chinese President Xi Jinping is expected to bring confidence and vitality to partnership within the bloc of emerging economies and enable it to contribute more to global growth and economic governance when he attends the 8th BRICS summit in India on Saturday and Sunday.
Global economy continued to face uncertainty and rising risks, Lou Jiwei, China's Finance Minister, said on behalf of the G20 economies on Friday.
Many of the observers and business people are looking to the upcoming Group of 20 (G20) summit in the Chinese city of Hangzhou for potential opportunities, particularly those created by the global pursuit of sustainable and green growth.
Since the 2008 global financial crisis struck, policymakers in advanced economies have adopted various kinds of measures, ranging from fiscal, monetary to structural ones, to try to revive the economy, but to no avail.
Looking back at the past half year's global economy, it is disappointing to see a weak recovery and a risky future.
Ahead of the annual spring meetings of the International Monetary Fund and the World Bank, U.S. Treasury Secretary Jacob Lew said it is necessary to have reforms to modernize the international economic architecture set up after World War II.
Industrial parks have proved successful in kick-starting economic development, even in some of the world's most underdeveloped economies, former World Bank chief economist Justin Yifu Lin said at an economic forum on Tuesday.
The risk of debt crisis is threatening major emerging economies, according to a report by the Boao Forum for Asia released on Tuesday.
Leaders of 21 Pacific Rim economies are to gather here this week under the theme of "Building inclusive economies, building a better world."
The Japan Aerospace Exploration Agency (JAXA) suspended a planned launch on Monday of an H-IIA rocket that was to carry a moon lander into space, according to launch op
Zimbabwean President Emmerson Mnangagwa won a second term in office, election officials said Saturday.Mnangagwa, 80, won 52.6 percent of the ballots against 44 percent
Japan said that it would start releasing more than 1 million metric tonnes of treated radioactive water from the wrecked Fukushima nuclear power plant on August 24, put
The U.S. policies, including tariffs, which were aimed at decoupling the Chinese and U.S. economies, may ultimately not reduce the U.S.' dependence on supply chains lin
South Korean fishermen have suffered a sharp fall in the sale of aquatic products after Japan's dumping of nuclear-contaminated wastewater into the ocean."Fishermen are
The 15th meeting of BRICS leaders was held in Johannesburg, South Africa, from August 22 to 24 with the theme "BRICS and Africa: Partnership for Mutually Accelerated Gr
Author: Prof. Engr. Zamir Ahmed Awan, Founding Chair GSRRA, Sinologist (ex-Diplomat), Editor, Analyst, and Non-Resident Fellow of CCG (Center for China and Globalizatio
With the theme "opening up leads development, cooperation delivers the future," the China International Fair for Trade in Services (CIFTIS) opened in Beijing on Saturda
Syrian Foreign Minister Faisal Mekdad and his Iranian counterpart Hussein Amir-Abdollahian on Wednesday jointly warned the United States against its reported military b
The Defence Intelligence of Ukraine (DIU) has reported that Ukrainian forces attacked the 126th Separate Guards Coastal Defence Brigade of the Russian Black Sea Fleet o
Democratic People's Republic of Korea (DPRK) citizens staying overseas will be allowed to return home as a result of the "eased worldwide pandemic situation," state new
China has discovered over 30.5 billion cubic meters of natural gas reserves in the country's southwest Sichuan Province, its operator, China Petrochemical Corporation (
The 43rd ASEAN Summit and related summits began on September 5, 2023. Chinese Premier Li Qiang is attending the China-ASEAN Summit, the ASEAN Plus Three Summit and the
Ukrainian President Volodymyr Zelenskyy is expected to come to the United Nations headquarters in September, said Ferit Hoxha, Albania's UN ambassador, whose country ho
The entities behind 13 U.S. presidential libraries, going back as far as then U.S. President Herbert Hoover, released a joint statement on September 7, calling for a re
The 43rd Association of Southeast Asian Nations (ASEAN) Summit and related summits kicked off on Tuesday, with the focus on establishing the region as an epicenter of e
At the invitation of the government of the Republic of India, Premier Li Qiang of China's State Council will attend the 18th G20 Summit to be held in New Delhi, India d
The BRICS Business Council (BBC) Annual Meeting 2023 was convened on August 21 in Johannesburg, South Africa. Chen Siqing, chairman of BBC's China Chapter, said that BR
China's financial watchdogs announced Thursday that housing credit policies will be adjusted and optimized.The interest rates of existing mortgages for first-home purch