Chinese to post 5.2% Q3 surge, on track for 2.3% full-year growth
Oct 19, 2020 07:16 am UTC| Economy
Chinas economic recovery surged in the third quarter with growth expected to come in at 5.2 percent due to consumer spending gradually stepping up as fears about coronavirus waned, AFPs survey revealed. AFPs survey,...
Biden's poll lead boosts shares of gun manufacturers
Oct 19, 2020 02:53 am UTC| Economy
Shares of gun makers have been surging as Democratic candidate Joe Biden who vowed to increase gun regulation widened his lead in the polls against President Donald Trump since their debate. Smith Wessons stock is up...
Nobel economics prize: Wilson and Milgrom's insights into auctions could drive down carbon emissions
Oct 15, 2020 15:02 pm UTC| Economy
Many would argue that the global financial crisis of 2007-09 taught us not just the irrelevance but the dangers of economic theory. Yet the Nobel committee has awarded its economic prize for 2020 to two high theorists ...
Indonesia and China inks deal to promote the use of the Yuan and Rupiah
Oct 15, 2020 14:44 pm UTC| Economy
Last month, China and Indonesia signed an agreement to promote the use of local currencies Chinese Yuan (RMB) and Indonesian Rupiah (Rp) in trade and investment transactions between the two countries. Yuan has...
Boris Johnson's offshore wind pledge is positive, but protecting UK jobs requires more
Oct 15, 2020 14:37 pm UTC| Economy
Since the outbreak of the coronavirus pandemic, some countries have announced significant spending pledges to support a green recovery. Germany leads the way with a 40 billion (36 billion) commitment to climate-related...
We need to restart immigration quickly to drive economic growth. Here's one way to do it safely
Oct 15, 2020 14:24 pm UTC| Economy
Faced with a difficult economic recovery from the COVID-19 pandemic, Australia needs to act quickly with creative solutions to reestablish immigration into the country, even before a potential vaccine is found. Over the...
UK is not doing enough to get Irish-facing ports ready for Brexit
Oct 15, 2020 14:19 pm UTC| Economy
Much of the UK debate surrounding Brexit has revolved around two kinds of border. The first is the land border between Northern Ireland and the Republic of Ireland. We have seen a combination of economic concerns about the...
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