BEIJING, Feb. 22 (Xinhua) — At a State Council Executive Meeting on Wednesday, Premier Li Keqiang heard a report on the implementation of preferential policies on business-related charges and rectification of arbitrary charges. He urged further efforts to consolidate the gains in curbing arbitrary charges. “Preferential policies on business-related charges and rectification of arbitrary charges […]

NEW YORK, New York – U.S. Treasuries rose sharply on Tuesday, triggering alarm on equity markets which fell hard. The benchmark 10-year Treasury yield jumped to 3.9 percent, while the 2-year rate rose sharply to 4.7 percent, the highest levels 3 months. “The market seems composed despite the fact that it’s going lower at the […]

Chicago, Illinois – Even though Buffalo, New York, native Suzanne Taylor was aware that 98-year-old former U.S. President Jimmy Carter’s health was failing, the news that he was entering hospice care at his Plains, Georgia, home still came as a shock. ‘I have to admit that I cried at breakfast,’ she told VOA during a […]

JUBA, Feb. 19 (Xinhua) — The Sudan transitional government and several opposition groups under the Sudan Revolutionary Front (SRF) on Sunday signed an implementation matrix and agreed to a two-year timetable for implementation of the Juba peace agreement. The Sudanese parties’ commenced a workshop in Juba on Feb. 13 to evaluate progress and challenges encountered […]

The system now includes 115 foreign entities from 14 nations Russia’s SPFS interbank messaging system is expanding at an unprecedented pace and now includes 469 participants, according to Alla Bakina, head of the Central Bank’s national payment system department. “Over the past year, we have connected as many [members] as for the entire period of […]

NEW YORK, New York – Investors were divided on the direction of the various key stock indices on Wall Street Friday, with the Dow Jones edging out in front while the Nasdaq Composite and Standard and Poor’s 500 lagged. “We have been in a very contentious tug of war between the equity markets and the […]

NEW YORK, New York – A higher-than-expected PPI (Producer Price Index) reading on Thursday dented enthusiasm for buying stocks.The PPI for January was expected to come in at 0.4 percent, but came in at 0.7 percent. With the higher CPI number revealed on Wednesday investors are now worrying again about inflation, “Both inflation readings this […]

NEW YORK, New York – Technology stocks advanced on U.S. stock markets Wednesday, however, the industrials were limited to minor gains. “The labor market’s resilience is the main reason consumers continue to spend and as long as that’s the case, inflation is likely to remain sticky,” Chris Zaccarelli, chief investment officer for Independent Advisor Alliance […]

NEW YORK, New York – U.S. stocks rallied, and the dollar slumped on Tuesday, despite a CPI reading for January that was marginally higher than expected. The greenback, however, later clawed back losses, while industrial stocks reversed course late in the day and finished flat to lower. The Consumer Price Index (CPI) for All Urban […]

NEW YORK, Feb. 13 (Xinhua) — U.S.-listed Chinese companies traded higher on Monday, with all the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on an upbeat note. Shares of Baidu and Li Auto rallied 5.66 percent and 4.65 percent, respectively, leading the advance in the top […]