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China cannot merely chase the technological frontier – it must seize ownership of it, a prominent economist has warned, urging Beijing to accelerate basic research and master core technologies to gain leverage against Washington’s targeted restrictions.“China can no longer play…
NEW YORK: Oil prices settled more than USD1 a barrel higher on Monday as Russia accused Ukraine of attacking President Vladimir Putin’s residence, while traders…
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World Economy
The dollar steadied on Tuesday ahead of the release of the December meeting minutes from the Federal Reserve, while the Chinese yuan extended its gains and broke above a key psychological level against the US currency. Year-end holidays continued…
China
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Finance & Economics
U.S. Treasury yields held steady on Wednesday as investors keenly awaited the Federal Reserve’s interest rate decision as well as a batch of economic data.At 4:19 a.m. ET, the 10-year Treasury yield was little changed at 4.33%. The 2-year yield was down less than…
Economist Impact
Shares at the Pakistan Stock Exchange (PSX) hit an all-time high of 124,000 points on Wednesday as the proposed federal budget for the upcoming fiscal year was well-received by investors for being “neutral-to-positive”. Maintaining an aggressive stance on…
China cannot merely chase the technological frontier – it must seize ownership of it, a prominent…
The Club’s top 10 things to watch Tuesday, Dec. 30 1. The stock market is little…
A China-founded start-up that specialises in artificial intelligence agents was acquired by US tech giant Meta…
Economist Intelligence
BEIJING: China will on January 1 launch an “action plan” for boosting management and operations of its digital currency, a deputy governor of the country’s central bank said Monday. “The future digital yuan will be a modern digital payment and…
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China cannot merely chase the technological frontier – it must seize ownership of it, a prominent economist has warned, urging Beijing to accelerate basic…
The Club’s top 10 things to watch Tuesday, Dec. 30 1. The stock market is little changed this morning after the S & P…
A China-founded start-up that specialises in artificial intelligence agents was acquired by US tech giant Meta Platforms for billions of dollars, marking a landmark…
“Our nation’s beautiful clean coal resources will be critical to meeting the rise in electricity demand due to the resurgence of domestic manufacturing and…