11h ago| Global Economy

UN launches cash plan to prop up Afghan economy

The United Nations on Wednesday launched a funding programme aimed at preventing the Afghan economy from collapsing during the winter by getting cash flowing through the local economy again.

11h ago| Global Economy

US bans Malaysian firm’s gloves over forced labour

The United States has barred imports from a Malaysian latex glove maker over alleged labour abuses, the latest firm from the country to face such a ban.

11h ago| Global Economy

British govt borrowing improves ahead of budget

UK government borrowing fell by more than expected in September but remains elevated on Covid, official data showed Thursday ahead of next week’s budget announcement.

4d ago| America

US steps into China’s bitcoin breach

The long sheds at North America’s largest bitcoin mine look endless in the Texas sun, packed with the type of machines that have helped the United States to become the new global hub for the...

4d ago| Europe

Russia seeing record gas demand

Russian gas consumption is running at a record high but Moscow is still ready to increase supplies to Europe should it receive such requests, Deputy Prime Minister Alexander Novak said on Saturday.

4d ago| China

China could widen property tax trial

China could expand pilot testing of a property tax to Zhejiang province, a former government expert was quoted as saying in an official media outlet on Sunday, the latest sign that the country is...

October 19, 2021
October 19, 2021

Tight US job market triggers strikes for more pay

Thousands of workers remain on strike across the United States demanding higher pay and better conditions despite Hollywood make-up artists and camera operators reaching a deal over the weekend to...

October 19, 2021
October 19, 2021

China’s GDP growth hits 1-year low

China’s economy grew at the slowest pace in a year in the third quarter, hurt by power shortages, supply bottlenecks and sporadic Covid-19 outbreaks and raising heat on policymakers amid rising...

October 18, 2021
October 18, 2021

Fintech firm Square looking to build bitcoin mining system

Square Inc Chief Executive Officer Jack Dorsey said on Friday the fintech firm is looking to build a bitcoin mining system based on custom silicon and open source for individuals as well as...

October 18, 2021
October 18, 2021

India’s electricity demand picks up

India`s electricity demand grew 4.9 per cent during the first half of October, with supply falling short of demand by 1.4 per cent despite a 3.2 per cent rise in coal-fired generation and 30 per...

October 18, 2021
October 18, 2021

Shekel surplus weighs down Palestinian economy

Palestinian businesses flush with too much Israeli cash: it may not be the most talked about aspect of the occupation, but experts warn it is a growing concern for the Palestinian economy.

October 18, 2021
October 18, 2021

Moscow launches face recognition payments

Moscow on Friday rolled out a facial recognition payment system in the city’s metro system, part of a rapid expansion of the controversial technology in Russia.

October 18, 2021
October 18, 2021

China could widen property tax trial

China could expand pilot testing of a property tax to Zhejiang province, a former government expert was quoted as saying in an official media outlet on Sunday, the latest sign that the country is...

October 18, 2021
October 18, 2021

Russia seeing record gas demand

Russian gas consumption is running at a record high but Moscow is still ready to increase supplies to Europe should it receive such requests, Deputy Prime Minister Alexander Novak said on Saturday.

October 18, 2021
October 18, 2021

US steps into China’s bitcoin breach

The long sheds at North America’s largest bitcoin mine look endless in the Texas sun, packed with the type of machines that have helped the United States to become the new global hub for the...

October 17, 2021
October 17, 2021

EU to press ahead with emergency relief for energy prices

European Union leaders are set to press ahead with measures to shield consumers from record-high energy prices that have curtailed industrial production and hiked consumer bills.