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Oil prices jump amid demand hopes

Oil prices jump amid demand hopes

2022-01-12 06:34

Oil prices surged on Tuesday as investors bet on robust global demand despite the spread of the Omicron variant.

U.S. doctors perform worlds first pig-to-human heart transplant

U.S. doctors perform world's first pig-to-human heart transplant

2022-01-12 03:39

A 57-year-old American patient with terminal heart disease has received a successful transplant of a genetically-modified pig heart.

Berkeley professor Pierre-Olivier Gourinchas appointed as IMF chief economist

Berkeley professor Pierre-Olivier Gourinchas appointed as IMF chief economist

2022-01-11 07:39

WASHINGTON, Jan. 10 (Xinhua) -- The International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Monday announced her intention to appoint Pierre-Olivier Gourinchas, professor at the University of California, Berkeley, as the instituti

U.S. stocks end mixed in choppy trading

U.S. stocks end mixed in choppy trading

2022-01-11 07:11

U.S. stocks closed mixed on Monday amid choppy trading as investors worried about higher interest rates.

U.S. Fed Vice Chair Clarida to resign on Friday

U.S. Fed Vice Chair Clarida to resign on Friday

2022-01-11 06:30

U.S. Federal Reserve Vice Chair Richard Clarida said on Monday that he would resign from the central bank on Friday

Oil prices fall following upbeat week

Oil prices fall following upbeat week

2022-01-11 06:23

Oil prices declined on Monday, giving up some of the gains they had scored in the prior week.

Foreign direct investment in S.Korea hits record high in 2021

Foreign direct investment in S.Korea hits record high in 2021

2022-01-10 15:21

SEOUL, Jan. 10 (Xinhua) -- Foreign direct investment (FDI) in South Korea hit a record high last year due to rapid growth of investment in the services industry, a government report showed Monday. The reported FDI jumped 42.3 percent over the year to

Foreigners buy S.Korean stocks in December

Foreigners buy S.Korean stocks in December

2022-01-10 14:15

Foreigners bought South Korean stocks for two straight months in December

Interview: Chinas entry into WTO has created win-win situation, says trade expert

Interview: China's entry into WTO has created win-win situation, says trade expert

2022-01-10 12:54

GENEVA, Jan. 10 (Xinhua) -- Chinas entry into the World Trade Organization (WTO) has created a win-win situation, said Lu Xiankun, managing director of consulting institution LEDECO Geneva. In a recent interview with Xinhua, Lu said that China has ac

Indias instant payment system restored after technical glitch

India's instant payment system restored after technical glitch

2022-01-09 23:24

India's instant payment system, Unified Payment Interface (UPI), was restored after hours of technical glitch on Sunday evening.

Canadas intl trade continues rising in November

Canada's int'l trade continues rising in November

2022-01-07 07:11

Canada's exports rose 3.8 percent and imports rose 2.4 percent in November 2021, according to Statistics Canada on Thursday.

U.S. December Logistics Managers Index down slightly from November

U.S. December Logistics Manager's Index down slightly from November

2022-01-07 06:56

U.S. Logistics Manager's Index (LMI) in December read as 70.1, down 3.3 points from 73.4 in November.

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