World economy
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Janet Yellen commented on US-China relations during her visit to Beijing
US Treasury Secretary Janet Yellen speaks to journalists during a press conference July 9 during her four-day visit to Beijing.…
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Taiwan conflict will hit Japan, Philippines, South Korea hardest: EIU
Taiwan’s tanks and armored vehicles are deployed during a two-day live-fire exercise in September, amid growing threats from China. Taipei…
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Australia’s central bank leaves prime rate unchanged, says inflation ‘past peak’
Aerial view of the central business district and the Sydney Opera House on February 17, 2023. David Gray | Getty…
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Goldman joins Wall Street banks in cutting China growth outlook
An aerial view of traffic flow on a viaduct in Nanjing, Jiangsu province, eastern China, June 16, 2023. (Costfoto/NurPhoto via…
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Analysts say consumption falls even with deep discounts during China’s major shopping festival
JD.com has become the latest Chinese tech giant to announce plans for a ChatGPT-style product, joining the hype surrounding chatbot…
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Business
SoftBank prepares new layoffs at Vision Fund, Reuters report
SoftBank’s Vision Fund posted a record loss for the year ended March 31, 2023. The leading technology investment unit was…
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Business
IMF chief says no slowdown in US lending
Georgieva said she had to work “double” to be on par with her male colleagues. Drew Angerer / Staff /…
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Nigeria’s new president vows to restart economy as he inherits ‘a broken country’
ABUJA, Nigeria – May 29, 2023: President-elect Bola Ahmed Tinubu of Nigeria arrives for the swearing-in ceremony at Eagle Square…
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China retail sales up 18% as data continues to show uneven recovery
YANGZHOU, CHINA – MAY 02: Tourist sight seeing the streets of Dongguan from above during the May Day holiday on…
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World Bank President says debt in advanced economies piles on global challenges
David Malpass, World Bank Group president in Washington, DC, on April 13, 2023 Bloomberg | Bloomberg | beautiful pictures According…
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