China has saved this year roughly $10 billion through record imports of oil from nations subject to Western sanctions, said a Reuters report based on calculations by Reuters based on information from dealers and shiptrackers.   The United States and others' sanctions against Russia, Iran,...

The world's growing geopolitical dangers could cause stagflation on a scale not seen since the 1970s and drastic shifts in inflation expectations, according to Deutsche Bank analysts Henry Allen and Cassidy Ainsworth-Grace. All seven G7 nations continue to have above-target inflation; the question...

According to the Financial Times, which cites the regulator's study, the management of the Bank of England suggests increasing the requirements for the share of highly liquid assets in the structure of money market funds in order to lower sector risks. Funds might have to retain between 50 and 60...

The price of gold started to grow following a seven-month low set last week due to the Israel's war with Hamas. According to Bloomberg, gold prices have started to rise again after falling to a seven-month low last week as tensions between Israel and the Palestinian Hamas movement grew. Gold is...

According to data from the Chinese Ministry of Culture and Tourism, domestic tourism spending by Chinese citizens over the Golden Week holidays in 2023 increased but showed results worse than expected. The holiday week's tourism revenue came to 753.4 billion yuan ($103.28 billion), more than twice...

Venezuela and the United States have made headway in talks that might provide sanctions relief to Caracas by permitting at least one extra foreign oil firm to take Venezuelan crude oil for debt settlement if President Nicolas Maduro resumes talks with the opposition in Mexico, according to a...

Following a catastrophic weekend attack by the Palestinian Islamist group Hamas, global corporations have temporarily closed some businesses in Israel and urged workers to work from home.   Companies ranging from airlines to banks have taken the following steps:   TRAVEL  ...

The violence that erupted in Israel this weekend has prompted a flight to safe-haven assets, as investors constantly monitor events in the Middle East to assess the geopolitical risk to markets.   Gunmen from the Palestinian organisation Hamas launched an unprecedented attack against Israel...

According to a plan announced by authorities on Monday, China intends to increase the country's aggregate computing capacity by more than 50% by 2025, as Beijing increases its focus on supercomputing and artificial intelligence developments.   The idea comes amid increased competition...