Business, General Germany appoints new finance minister as pressure for quick snap elections mounts November 7, 2024 Jörg Kukies was appointed as the new German finance minister on Thursday, replacing Christian Lindner.
China vows retaliation against countries that follow U.S. calls to isolate Beijing In a shift toward a harder stance this month, China retaliated against U.S. tariffs with levies of 125% on imports…
China cuts benchmark lending rates for the first time in 7 months in Beijing’s growth push The People’s Bank of China trimmed the 1-year loan prime rate to 3.0% from 3.1%, and the 5-year LPR to…
The yuan’s status as a global currency might be gaining ground. But top CEOs see more hurdles to clear For China’s yuan to be used more globally, the currency needs more “applications” such as stocks and bonds, said Bonnie…