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U.S. consumer prices leap 4.2% in April

The U.S. Consumer Price Index (CPI) grew by 4.2 percent year-on-year in April, the largest increase since the global financial crisis in 2008, the U.S. Department of Labor announced on Wednesday. The

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Moldova PM Chicu resigns

Moldovan Prime Minister Ion Chicu announced on Wednesday that he is resigning.Chicu was diagnosed with COVID-19 earlier this month.

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Cuba moves to protect workers hurt by anti-coronavirus measures

02:25 Dozens of COVID-19 cases have been diagnosed in Cuba, with two deaths. And this month, authorities introduced new measures to regulate the border and shut down tourism. CGTN's Lu

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Google joins the Trillion Dollar Club and who will be the next?

01:07 This month, Google became the fourth company in history to join the "Trillion Dollar Club", reaching a market capitalization of one trillion dollars.The elite group includes thre

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Is MoviePass too good to be true?

Willthemeteoric,feelgoodriseofmoviesubscriptionserviceMoviePassendlikeaclichéHollywoodmelodramatictearjerker?MoviePass,whichbuysticketsfromtheatersandoffersthem

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China Property Market: House prices rise 0.4% in March from Feb

RecentdatafromtheNationalBureauofStatistics(NBS)showthatnewhousepricesinChina's70majorcitiesrose0.4percentinMarchfromthepreviousmonth,acceleratingfroma0.2percen

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Injured Neymar eyeing early return for PSG this season

ParisSaint-GermainforwardNeymarsaidFridayhewillbebackplaying"inabitmorethanamonth"asherecoversfromfootsurgery.The26-year-oldBrazilianhasbeensidelinedsincelateFe

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China March inflation data: CPI 2.1%, PPI 3.1%

China'sconsumerandfactory-gateinflationeasedto2.1percentand3.1percentrespectivelyinMarch,datafromtheNationalBureauofStatisticsshowedWednesday.Theconsumerpricein

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China's P2P online lending remains tepid in March

BusinessvolumeofChina'speer-to-peer(P2P)onlinelending,thoughrecoveredmoreorlessonamonthlybasis,waslessthantheyear-earlierlevelinMarchfollowingincreasedregulatio

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US jobs increased 103K in March, missing expectations

Employerscreated103,000jobsinMarch,thelowestamountofjobscreatedsincelastfall,andwellbelowthe193,000analystspolledbyThomsonReuterswereexpecting.Marchunemployment

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Saudi Arabia seen cutting May crude prices to Asia: survey

TopoilexporterSaudiArabiaisexpectedtocutpricesforallcrudegradesitsellstoAsiainMaytoreflectweakerpricesforitsMiddleEastbenchmarkDubaicrude,tradesourcessaidonMond

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Angry Birds maker Rovio cuts boardroom pay after profit warning

“AngryBirds”makerRovioproposedcuttingthepayofitschairmanandvicechairmanfollowingadropintheFinnishmobilegamestudio’smarketvalueamidtoughcompetitioninthegameindus

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20,000 visit Portugal's dinosaur theme Park in first month

AnewdinosaurthemeparkinPortugalhasattracted20,000visitorssinceopeninglessthanamonthago,itsdirectorannouncedonWednesday."We'reonaround20,000visitors,whichisveryp

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China February factory growth picks up to six-month high: Caixin PMI

GrowthinChina’smanufacturingsectorunexpectedlypickeduptoasix-monthhighinFebruaryasfactoriesrushedtoreplenishinventoriestomeetrisingneworders,aprivatesurveyshowe

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Asian shares rise to three-week high ahead of Powell's testimony

AsiansharesextendedtheirrecoveryonTuesday,hittingathree-weekhighasU.S.borrowingcostseasedaheadofFederalReserveChairmanJeromePowell’shighly-anticipatedfirstcongr

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Android Oreo is finally on more than 1% of devices

Lastmonth,AndroidOreowasonjust0.7%ofdevices,andMarshmallowwasstilltheleaderintotaldistributionshare.Amonthlater,thelandscapehaschanged—butnottoomuch.Accordingto

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Pakistan inflation swells 3.86 pct first 7 months in FY2018

ThePakistanBureauofStatistics(PBS)saidthataverageinflationinthecountryincreasedby3.86percentduringthefirstsevenmonthsoftheFinancialYear2018asagainstthesameperio