Following a ban on Chinese online tutoring companies by authorities in the country on teaching core subjects and on making profits thereby, on teaching core subjects are being found out by such companies. Firms are now promoting coaching classes such as drama and even parental training as they try...

License applications that have sought permission to buy chips for the growing auto component business of China's blacklisted telecom company Huawei, worth hundreds of millions of dollars were approved by United States officials, said a report published by the news agency Reuters.   The trade...

There would likely be a stronger recovery of the global economy than expected as a new report from British asset manager Janus Henderson suggested that the total dividends that are to be paid to investors in 20201 could hit $1.39 trillion.   The report found that this forecast for dividends...

The price of gold rose Friday morning amid continuing concerns about the impact of the coronavirus on the global economy, trading data showed. The price of December gold futures on the New York Comex Exchange rose 0.3%, or $5.35, to $1,788.35 a troy ounce on Aug. 20. Meanwhile, September silver...

Shortage of motor vehicles depressed sales in July in the United States, which along with the waning impact of a boost to consumers spending prompted by the reopening of the economy and stimulus checks resulted in a drop in retail sales for the month in the country.   The numbers suggested a...

A study by The Economist found that for the past 20 years, Germany, Europe's main economy, has been the "dirtiest". Germany has been actively phasing out nuclear energy production while remaining dependent on fossil fuels. The country began phasing out its 12 nuclear power plants after the...

Following a slump in Japan's economy in the first three months of this year, there was an uptick in the second quarter at more than expected levels which provided economists with signs that consumption and capital expenditure in the country were recovering from the initial pandemic hit.  ...

With new Covid-19 outbreaks and massive floods disrupting business operations, there was a sharp drop in factory output and retail sales growth in China for July – which also missed expectations. According to analysts, these are new signals of losing steam in the recovery of the Chinese economy....

Japan's GDP in the second quarter of 2021, according to a preliminary estimate, rose 1.3 percent on a year-over-year basis (if GDP had grown at the same rate for four consecutive quarters), the government data show. Analysts polled by DailyFX expected growth of only 0.7%. In quarterly terms,...