Vladimir Putin, the president of Russia, stated on Friday that the percentage of commerce that takes place in rubles has risen to over 40% from dollars, euros, and other "non-friendly" Western currencies.   Speaking at the St. Petersburg International Economic Forum (SPIEF), Putin stated...

While cricket may not be as well-liked in the United States as it is in other countries, a number of well-known investors and CEOs are working to alter that. An estimated $1 billion has been invested by investors in the United States as their enthusiasm for the Men's T20 Cricket World Cup, which...

Countries all around the world are changing course after forcing borrowing costs considerably up in recent years in an attempt to stem skyrocketing prices. The primary lending rate of the European Central Bank (ECB) was lowered from an all-time high of 4% to 3.75% on Thursday, marking the bank's...

France's long-term sovereign credit ratings in foreign and local currencies have been reduced from "AA" to "AA-" by S&P Global Ratings. The agency released a press release stating that the prognosis is "stable." The short-term ratings of France remain at "A-1+." The agency's researchers predicted...

China's manufacturing production unexpectedly declined in May, reinforcing calls for further stimulus as the country's chronic property crisis continues to undermine investor, corporate, and consumer confidence. China is the world's second-largest economy.   The National Bureau of Statistics...

Officials from the Department of Justice said on Wednesday that a global malware network that stole $5.9 billion in Covid relief money and was linked to other crimes like child exploitation and bomb threats had been taken down.   YunHe Wang, a 35-year-old Chinese national, was detained by...

Even while investors are sceptical about wider governance improvements, Chinese listed businesses are responding to authorities' requests for reform that mirrors initiatives in South Korea and Japan by racing to increase dividends and buy back shares. This has created a pleasant rise.  ...

Persuaded that market intervention will not be sufficient to stop the yen's wider collapse, Japanese officials are focusing on deeper fundamental economic causes that are causing the currency to sink persistently.   Japan is expected to have spent almost 9 trillion yen in late April and...

The International Monetary Fund upgraded its prior projection of 4.6% expansion and predicted on Wednesday that China's economy will grow by 5% this year following a "strong" first quarter, even if it anticipates weaker growth in the coming years.   Beijing is stepping up efforts to support...