G20 countries announced on Thursday the injection of over 5 trillion U.S. dollars into the global economy to cushion the impact of the novel coronavirus. "The steps to
The U.S. Senate on Wednesday night passed a 2-trillion-dollar stimulus package to blunt the economic fallout of COVID-19. The death toll from COVID-19 in U.S. has surpassed 1,000 as of the night, wit
China's power generation decreased in the first two months of this year, down 8.2 percent year on year, official data showed Monday. Electricity output hit about 1.03
VCG Russia's Finance Ministry on Monday proclaimed that the country can manage its revenue shortfall for the next six to 10 years if oil prices drop to a 25-30 U.S. dollars per barrel range th
Saudi Oil Company (Aramco) share price has dropped below its initial public offering, Arab News reported on Monday. The share tumbled 9.1 percent, its sharpest percenta
China's foreign exchange reserves came in at 3.1067 trillion U.S. dollars at the end of February, official data showed Saturday. The amount dipped by 1.2 billion dollars, or 0.04 percent, from the be
China's foreign exchange (forex) market reported a turnover of 13.43 trillion yuan (about 1.94 trillion U.S. dollars) in January, official data showed Friday. Specifically, turnover of forex transact
The People's Bank of China (PBOC) said Thursday that more than 7 million payment transactions related to the prevention and control of the COVID-19 epidemic had been h
South Korea's online shopping posted a double-digit growth in January due to strong demand for face masks and hand sanitizers, statistical office data showed Wednesday
China's southern boomtown Shenzhen has issued 868 million yuan (around 120 million U.S. dollars) to support local businesses in resuming work amid the coronavirus outb
A HNA Group logo is seen on the building of HNA Plaza in Beijing, China, February 9, 2018. /Reuters HNA Group has asked the Hainan provincial government to lead a task force to resolve its liq
China's economy grew 6.1 percent year on year in 2019, according to a report released by National Bureau of Statistics (NBS) on Friday.Gross domestic product (GDP) tota
The Agricultural Bank of China (ABC), one of China's biggest state-owned commercial lenders, has stepped up financial support for the preparation of spring farming ami
China's cross-border RMB business maintained growth in 2019 with basically balanced revenue and expenditures. In 2019, cross-border RMB receipts and payments totaled 1
MOSCOW, Feb. 13 (Xinhua) -- The new Russian government approved Thursday amendments to the 2020-2022 federal budget aimed at funding measures outlined by Russian President Vladimir Putin in his addre
China's gold reserves stood at 62.64 million ounces at the end of January 2020, unchanged from that at the end of December 2019, central bank data showed Friday. Total
Central banks of South Korea and Australia agreed to renew their bilateral currency swap deal for three more years and expand the swap size by 20 percent, the Bank of
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