BEIJING, June 8 (Xinhua) — Despite U.S. President Joe Biden touting the bipartisan agreement on the debt ceiling as \”a big win\” for the country, global concerns about the risks of America\’s economy h
Tag: financial
U.S. Congress approves bill to raise debt limit after Senate passage, 103rd time since 1945
WASHINGTON, June 1 (Xinhua) — After months of partisan arm-wrestling, the U.S. Congress approved the bill to raise America\’s debt ceiling after the Senate\’s passage late Thursday, the 103rd time sinc
Shenzhen resumes high-volume int\’l flights amid travel recovery
SHENZHEN, May 31 (Xinhua) — Shenzhen Baoan International Airport is resuming international flights on a large scale, following the resumption of the passenger routes linking China\’s major tech and fi
Shanghai to hold Lujiazui Forum in early June
This photo taken on Nov. 4, 2022 shows an evening view of the Lujiazui area in east China\’s Shanghai. (Xinhua/Wang Xiang)
SHANGHAI, May 31 (Xinhua) — The 14th Lujiazui Forum, a major financial event,
Eurozone financial stability outlook remains fragile: ECB
Photo taken on July 7, 2022 shows the headquarter of the European Central Bank in Frankfurt, Germany. (Xinhua/Shan Weiyi)
The European Central Bank noted that events like the U.S. banking crisis \”coul
China\’s insurance sector maintains adequate solvency in Q1
BEIJING, May 28 (Xinhua) — China\’s insurance sector maintained steady operation and adequate solvency in the first quarter of the year, the country\’s financial regulator said.
The average comprehensi
Meituan reports profit rise in Q1 amid consumption recovery
SHANGHAI, May 25 (Xinhua) — China\’s e-commerce platform Meituan Thursday reported an operating profit of 3.59 billion yuan (about 509 million U.S. dollars) in the first quarter of this year, turning
China Development Bank issues bonds for urban infrastructure construction
BEIJING, May 20 (Xinhua) — China Development Bank, one of the country\’s policy banks, has issued 20 billion yuan (about 2.84 billion U.S. dollars) of special financial bonds to support urban infrastr
Deep disagreement in U.S. makes default conceivable: Financial Times
LONDON, May 18 (Xinhua) — The depth of disagreement in the United States and so in Congress has made a voluntary default by the world\’s most important country possible, said an opinion piece in Finan
Hong Kong to speed up development into Int\’l green, sustainable finance center
HONG KONG, May 12 (Xinhua) — Hong Kong will continue to accelerate development into an international center for green and sustainable finance, with industry-leading progress made over the years, an o