The World Bank and the Ukrainian Finance Ministry have updated their project portfolio which consists of 20 projects totaling $20 billion in grant money, €1 billion in loan monies, and five projects worth $5.5 billion. It was the first portfolio modification since 2021, said Gevorg Sarkisyan, head...

On the eve of the G20 conference in New Delhi, world leaders unveiled a multilateral rail and port agreement connecting the Middle East and South Asia.   The agreement comes at a crucial time as American President Joe Biden works to oppose China's Belt and Road initiative on global...

According to data released on Saturday, China's consumer prices stabilised in August while factory-gate price cuts slowed as deflationary pressures eased amid signs of economic stabilisation.   However, analysts claim that in light of a sluggish labour market recovery and uncertain household...

Beijing's expanding restrictions on iPhone usage by government employees left American lawmakers worried and stoked worries that American tech companies with significant exposure to China would suffer from escalating tensions between the two nations.   Following reports that Beijing had...

In spite of the country's still-weak economic development, larger discounts and tax advantages for electric and environmentally friendly vehicles helped China's passenger vehicle sales increase in August compared to the same month last year.   The China Passenger Car Association (CPCA) said...

President of the United States Joe Biden brings an offer to the "Global South" to this weekend's Group of 20 (G20) conference in India: no matter what happens to China's economy, the United States can assist support your development.   Biden hopes to persuade fast-growing economies in...

Tokyo's decision-makers fear that China's deteriorating economic conditions could harm Japan's shaky recovery, particularly if Beijing fails to stimulate demand in a major way, thereby postponing the end of ultra-loose monetary policy.   Japan's export-dependent economy would receive little...

President of Kenya William Ruto claims that African nations have proven their ability to work together and dispelled any doubts over the fact that "the future of humanity lies in Africa." African nations have demanded a global tax to aid the world's poorest nations, notably African nations, deal...

According to a teardown report by research company TechInsights, Huawei Technologies and China's top chipmaker SMIC have developed an advanced 7-nanometer processor to power its most recent smartphone.   According to TechInsights' report published with Reuters on Monday, Huawei's Mate 60 Pro...