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China says drop in trade with the U.S. is ‘a direct consequence of U.S. moves’

August 31, 2023 by admin

China’s ambassador to the U.S., Xie Feng, has blamed U.S. tariffs and export controls for a drop in trade between the two countries.

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Southeast Asia’s first high-speed train – a boon or bust for Indonesia’s economy?

August 31, 2023 by admin

The project is funded by PT KCIC and was expected to be completed by 2019 but has since been held back by operational delays and a $1.2 billion budget overrun.Β 

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Rare super blue moon on Wednesday night

August 30, 2023 by admin

Rare super blue moon on Wednesday night A super moon will appear in the sky Wednesday night. It’s the second super moon of the month, making it a rare super …

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Canada warns LGBTQ travelers to U.S. to be cautious of local laws

August 30, 2023 by admin

Canada updated its international travel advisory on Tuesday to warn LGBTQ+ travelers of laws and policies in some U.S. states.  The advisory extends to U.S.-bound Canadians who are 2SLGBTQI+ (two-spirit, …

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One part of China’s consumer market is holding up against a broad slowdown

August 30, 2023 by admin

Segments of China’s consumer market have seen resilient spending this summer.

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Pope Francis criticizes “reactionary attitude” in U.S. Catholic Church

August 28, 2023 by admin

What role will religious voters play in 2024? Pope Francis has blasted the “backwardness” of some conservatives in the U.S. Catholic Church, saying they have replaced faith with ideology and …

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Goldman Sachs unloads another business acquired under CEO David Solomon

August 28, 2023 by admin

Amid CEO David Solomon’s push to unload or shutter several businesses tied to his retail banking plan, the high net worth business was deemed too small.

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Evergrande shares plunge as much as 87% as trading resumes after 17 months

August 28, 2023 by admin

Evergrande shares tumbled as much as 87% on the Hong Kong Stock Exchange on Monday, to as low as 22 Hong Kong cents.

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Drought causing backups in Panama Canal

August 28, 2023 by admin

Drought causing backups in Panama Canal Ongoing drought conditions and low water levels are leading to a crisis in the Panama Canal, which is a key channel for global trade. …

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China’s rare earths dominance makes U.S. supply chains vulnerable, trade representative says

August 27, 2023 by admin

China’s dominance in rare earths makes U.S. supply chains vulnerable, U.S. Trade Representative Katherine Tai told CNBC’s Martin Soong.

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