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U.S. trade deficit hits record high in September

U.S. trade deficit hits record high in September

2021-11-05 00:41

The U.S. trade deficit hit a record high of 80.9 billion U.S. dollars in September as American exports fell sharply.

RCEP to take effect on Jan. 1, 2022

RCEP to take effect on Jan. 1, 2022

2021-11-04 17:41

The Regional Comprehensive Economic Partnership (RCEP) agreement will take effect on Jan. 1, 2022.

U.S. petroleum data mixed last week

U.S. petroleum data mixed last week

2021-11-04 14:53

HOUSTON, Nov. 3 (Xinhua) -- U.S. crude oil refinery inputs averaged 15 million barrels per day during the week ending Oct. 29, 25,000 barrels less than the previous weeks average, according to a weekly report issued by the U.S. Energy Information Adm

Economic, social interdependence between U.S., China makes decoupling impossible: Joseph S. Nye

Economic, social interdependence between U.S., China makes decoupling impossible: Jose

2021-11-04 13:28

Economic, social interdependence between U.S., China makes decoupling impossible: Joseph S. Nye

U.S. Fed chief stresses patience on rate hikes as tapering of asset purchases to start this month

U.S. Fed chief stresses patience on rate hikes as tapering of asset purchases to start

2021-11-04 07:01

WASHINGTON, Nov. 3 (Xinhua) -- U.S. Federal Reserve Chair Jerome Powell stressed on Wednesday that the Fed can be patient on raising interest rates as the central bank is set to start tapering its asset purchases later this month amid elevated inflat

U.S. stocks rise after Feds tapering announcement

U.S. stocks rise after Fed's tapering announcement

2021-11-04 05:54

U.S. stocks finished higher on Wednesday as Wall Street digested the latest statement from the Federal Reserve.

Oil prices drop amid build in U.S. inventories

Oil prices drop amid build in U.S. inventories

2021-11-04 04:38

Oil prices suffered marked losses on Wednesday after data showed a larger-than-expected increase in U.S. crude stockpiles.

AIIB, Bangladesh ink 260 mln USD loan pact for steel bridge project

AIIB, Bangladesh ink 260 mln USD loan pact for steel bridge project

2021-11-03 14:10

DHAKA, Nov. 3 (Xinhua) -- Bangladesh and the Asian Infrastructure Investment Bank (AIIB) have signed a 260-million-U.S. dollar loan to Bangladesh for the construction of the countrys first arch steel bridge recently. Economic Relations Division Secre

New Zealand central bank warns risks in overheating housing market

New Zealand' central bank warns risks in overheating housing market

2021-11-03 09:14

New Zealand's central bank warned Wednesday the risk of a "correction" in the overheating housing market.

U.S. stocks close higher

U.S. stocks close higher

2021-11-03 04:17

U.S. stocks ended higher on Tuesday.

Oil prices settle mixed ahead of U.S. inventories, OPEC+ meeting

Oil prices settle mixed ahead of U.S. inventories, OPEC+ meeting

2021-11-03 04:14

Oil prices ended mixed on Tuesday as traders are awaiting U.S. fuel stocks data.

Australias central bank signals early economic recovery

Australia's central bank signals early economic recovery

2021-11-02 15:38

SYDNEY, Nov. 2 (Xinhua) -- Australias central bank, the Reserve Bank of Australia (RBA), announced on Tuesday that it would remove its 2024 target to increase interest rates, signalling an early economic recovery. The decision to discontinue the yiel

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