The amount of FDI in China during the first 10 months of 2022 climbed by 17.4% compared to the same period in the previous year, reaching $168.3 billion, according to the Chinese Ministry of Commerce. From January to October, RMB investment growth was 14.4%. FDI increased most quickly in technology...

The Galapagos Islands, which inspired Darwin's theory of evolution with their thousands of unique species, have incalculable ecological value. But how much are they worth?   According to people familiar with the talks, the size of a "debt-for-nature" swap deal that could see Ecuador's debts...

British Finance Minister Jeremy Hunt said on Thursday that the government would raise a windfall tax on oil and gas companies and extend it to power generation companies in order to plug a major hole in the government's finances.   Rising oil and gas prices in the aftermath of Russia's...

According to figures issued by the U.S. Office of Commerce, retail sales in the country increased by 1.3 percent in October to reach $694.5 billion. This growth exceeded the 1% forecasted by Reuters' survey of analysts. Retail prices increased by 8.3% annually, unadjusted for inflation. Analysts...

For the first time since 2004, the Organization for Economic Cooperation and Development (OECD) members' combined oil reserves fell below 4 billion barrels, reports the International Energy Agency (IEA). The analysis found that in September, inventories in OECD nations decreased by 45.5 million...

Climate-related stress tests for banks must better capture the indirect effects of climate change on lenders and the global economy, according to the G20 Financial Stability Board on Tuesday.   The European Central Bank, the Bank of England, and other central banks have completed the first...

Japan's economy unexpectedly contracted for the first time in a year in the third quarter, raising concerns about the outlook as global recession risks, a weak yen, and higher import costs weighed on household consumption and businesses.   Despite the recent lifting of COVID restrictions,...

According to Morgan Stanley, the economies of Britain and the euro zone are likely to enter a recession next year, but the US may only just avoid it due to a robust job market.   The investment bank's analysts stated in a series of reports released on Sunday that China's anticipated...

After a sharp and broad drawdown on Tuesday due to concerns over the stability of the exchange FTX, a rush of withdrawals, and ultimately a bailout deal from bigger rival Binance, cryptocurrencies were jittery and searching for a floor on Wednesday.   The largest cryptocurrency by market...