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Japan OKs funds for $1.1T stimulus to fight pandemic woes

Japan’s Cabinet approved a proposed 32 trillion yen ($296 billion) supplementary budget on Wednesday to help fund $1.1 trillion in measures to cushion the blow to the e

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China housing market shows signs of recovery amid long term pressure

After most cities in China have been released from quarantine, the housing market shows signs of recovery under the shadow of weakening investment sentiment and home purchase intention.China's tot

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Palestinian experts say U.S. Mideast plan not to ensure Palestinian prosperity

Palestinian experts believed that the U.S. Mideast peace plan perpetuate Palestinian economy's dependence on Israel and will not ensure Palestinian prosperity. Palestine Economic Policy Research Ins

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Opportunity blows for offshore wind in China

Chongming Island in east China's Shanghai city. /VCG U.S. and Chinese researchers have found that China's offshore wind could significantly increase its wind capacity.The study, published Frid

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Washington punishes Spain's Melia hotels over business with Cuba

02:23 The U.S. has banned the CEO of Spain's Melia Hotel International, one of Europe's largest hotel companies, from entering the United States because it does business with Cuba. The

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US manufacturing activity falls to lowest level in decade

U.S. manufacturing activity fell to the lowest level in more than a decade, as the sector was hurt by weakening demand and last year's global economic slowdown.The Inst

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APD | South Korea's foreign exchange reserves hit $408.82 billion in December

By APD writer AliceSouth Korea’s foreign exchange reserves reached a record high of $408.82 billion by the end of last month, a month-on-month increase of $1.36 billion

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APD | South Korea's foreign exchange reserves hit $408.82 billion in December

By APD writer AliceSouth Korea’s foreign exchange reserves reached a record high of $408.82 billion by the end of last month, a month-on-month increase of $1.36 billion, according to the Bank of Korea