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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
LAHORE: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has reaffirmed that Pakistan’s textile and apparel sector remains the backbone of national exports, contributing significantly to foreign exchange earnings and employment. However, rising costs, structural pressures, and local operational…
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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…