Foreign Firms Pull Billions in Earnings Out of China
Updated Nov. 6, 2023 11:49 am ET SINGAPORE—For years, foreign companies plowed the profits they made in China back into China, using the cash to...
It’s U.S. vs. China in an Increasingly Divided World Economy
Listen to article (2 minutes) China passed a significant milestone last fall: For the first time since its economic opening more than four decades ago,...
US Military Drills Near Russia Raise Concern in Kremlin
Amid Russia’s sphere of influence, the U.S. has launched joint military exercises with Armenia, a long-standing Russian ally. This marks a shift in geopolitical dynamics...
Paper Money Diehards Refuse to Fold: WSJ
Many businesses take payment only by card or phone, but a pro-cash movement is urging people to ‘Resist! Defy! Don’t comply!’ [ad_2] Source link...
China Wants to Be at Center of New World Order, Top EU Official Says
World Europe Trade bloc needs to defend its security and economic interests, she says ahead of trip to China [ad_2] Source link...
U.K.’s Central Banker Struggles With Inflation, a Financial Crisis and His Own Government
LONDON—In late August, Bank of England Gov. Andrew Bailey was at a symposium in Jackson Hole, Wyo., when a New York University economist flagged a...
The Bursting Chinese Housing Bubble Compounds Beijing’s Economic Woes
China’s deflating property bubble is imperiling the world’s second-largest economy with effects that could ripple for years. Home prices are dropping in many cities after...
Looming Gas Crunch Poses ‘Historic Test’ for Europe, IEA Says
Updated July 18, 2022 9:53 am ET Listen to article (2 minutes) European nations must take urgent and coordinated action to avert a potentially disastrous...