Credit Suisse is winding down its supply chain finance funds which held most of their roughly US$10 billion in notes backed by beleaguered Greensill Capital, it said on Friday.
SHANGHAI: China will increase its annual research and development spending by more than 7per cent every year over the next five years, the government wrote on Friday in its work report from the Fourth Session of the 13th National People's Congress. The government will increase expenditure on ...
China on Friday set a modest annual economic growth target, at above 6per cent, and pledged to create more jobs in cities than last year, as the world's second-biggest economy emerged from a year disrupted by the effects of COVID-19.
Alphabet Inc's YouTube has removed five channels of Myanmar's military-run television networks hosted on its platform in the wake of the coup in the country.
The rollercoster ride in bitcoin since the start of the year has not dampened wealth manager Jim Paulsen's enthusiasm for the cryptocurrency.
U.S. job growth likely accelerated in February as more services businesses reopened amid falling new COVID-19 cases, quickening vaccination rates and additional pandemic relief money from the government, putting the labor market recovery back on firmer footing and on course for further gains in the ...
BEIJING: Chinese Premier Li Keqiang pledged on Friday to promote business ties with the United States based on "mutual respect" that benefit both countries. The world's two largest economies have been at odds over trade and economic policy, especially when it comes to U.S. efforts to restrict ...
Asian stocks skidded to one-month lows on Friday as rising U.S. Treasury yields again rattled equity investors while hoisting the dollar to a three-month high, which in turn dragged the Japanese yen.
The White House is closely tracking an emergency patch Microsoft Corp has released, U.S. national security adviser Jake Sullivan said on Thursday, after an unknown hacking group recently broke into organizations using a flaw in the company's mail server software.
China on Friday set a modest annual economic growth target, at above 6per cent, and pledged to create more jobs in cities than last year, as the world's second-biggest economy emerged from a year disrupted by the effects of COVID-19.
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