Showing 1 - 6 of 6
Binance to pay billions in US in money laundering case, CEO resigns
AFP, Published on 22/11/2023
» WASHINGTON - Binance chief executive Changpeng Zhao pleaded guilty Tuesday to US money laundering violations, in a deal that will see the cryptocurrency exchange he founded pay over $4 billion in penalties.
Asian markets join global rally as China data beats forecasts
AFP, Published on 15/09/2023
» HONG KONG - Asian markets rallied Friday as forecast-busting Chinese data boosted hopes the world's number-two economy may be stabilising after an extended slowdown.
China cuts key interest rate to support economy
AFP, Published on 21/08/2023
» BEIJING: China's central bank on Monday cut a key interest rate in an attempt to counter the post-Covid growth slowdown in the world's second-largest economy.
China stops releasing youth job stats as economic data disappoints
AFP, Published on 15/08/2023
» BEIJING - China on Tuesday said it would suspend the release of youth unemployment rates, as its central bank cut a key interest rate to boost flagging growth.
IMF warns of slowing global growth ahead
AFP, Published on 25/07/2023
» WASHINGTON: The International Monetary Fund has slightly upgraded its outlook for global growth this year on the back of resilient service sector activity in the first quarter and a strong labour market, the lender said Tuesday.
IMF: US on 'very narrow path' to avoid recession
AFP, Published on 25/07/2023
» WASHINGTON: The US economy is on a "very narrow path" to avoiding a recession, the International Monetary Fund's chief economist says, while warning of risks to China's strong post-pandemic recovery.