China Has Ample Tools Even in ‘Panic’ Yuan Drop, PBOC Paper Says
China has ample tools to stabilize the foreign-exchange market even if the yuan enters a “panic” slide, according
2023-07-06 00:55
EDF Is Changing Nuclear Fuel Cladding Amid Report of China Issue
Electricite de France SA is increasing the iron content of cladding for nuclear fuel rods to address a
2023-07-06 00:47
Canada Suspends Ads on Facebook, Instagram in Feud Over New Law
The Canadian government is suspending advertisement on Facebook and Instagram in response to Meta Platforms Inc.’s plan to
2023-07-06 00:47
International School Worth Close to $1 Billion Turns CEO Into Multimillionaire
The growing number of wealthy Chinese leaving their homeland has been a boon for Thailand’s only exchange-listed school
2023-07-06 00:27
NYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to Blame
New York City’s air quality dropped to unhealthy levels Wednesday morning, but don’t blame the Canadian wildfires —
2023-07-06 00:17
Italy Again Delays Ratification of EU Bailout Fund Reform
Italy has once again delayed ratifying a reform of the European Stability Mechanism bailout fund, a move which
2023-07-05 23:25
Billionaire Mike Ashley Adds £150 Million to London Property Bet
UK retail billionaire Mike Ashley has shifted more of his money into a company he set up to
2023-07-05 23:18
German Cabinet Backs Budget With €16.6 Billion in Net New Debt
Germany’s ruling coalition has approved a 2024 finance plan that slashes net new borrowing to the lowest levels
2023-07-05 23:15
Turkish Government Plans Tax Increases on Banks, Firms
Turkey is planning to increase taxes on banks and corporations as the government looks to offset some of
2023-07-05 22:16
Hungary Budget Squeeze Pushes Orban to Cut Social Spending
Hungarian Prime Minister Viktor Orban ordered his finance minister to map out cuts in social spending as mounting
2023-07-05 20:19
Rhine River Braces for Critical Summer as Heat Bakes Europe
Rhine River water levels are on track to fall to critically low levels again this summer, as extreme
2023-07-05 19:55
Tycoon’s Firm Summoned Over Delayed Zimbabwe Platinum Mine
The Zimbabwean government will meet with Bravura Holdings Ltd., a company owned by Nigerian tycoon Benedict Peters, over
2023-07-05 19:52