Wednesday, 27th, 2024 | 3:20AM Updated
China has the ability to address the issues linked to China Evergrande Group's indebtedness, although there is a risk of the property developer's pain escalating to cause broader financial stress, the IMF said in a report and comments released Tuesday.
Alibaba Group founder Jack Ma, largely out of public view since a regulatory clampdown started on his business empire late last year, is currently in Hong Kong and has met business associates in recent days, two sources told Reuters.
U.S. Vice President Kamala Harris said on Tuesday that the European explorers who first landed on U.S. shores had "ushered in a wave of devastation for tribal nations, perpetrating violence, stealing land and spreading disease."
U.S. inflation is above the Federal Reserve's 2% inflation target and policymakers need to watch carefully to ensure that pandemic-induced pressures do not cause long-term inflation expectations to become unanchored, Atlanta Fed Bank President Raphael Bostic said on Tuesday.
A U.S. prosecutor on Tuesday asked a federal judge to order continued pre-trial detention for a man charged with spraying a chemical on police officers during the Jan. 6 assault on the Capitol by Donald Trump supporters.
A former U.S. Navy nuclear engineer and his wife on Tuesday faced their first court hearing on charges they attempted to sell secrets about nuclear submarines to a foreign power in exchange for cryptocurrency.
A jury was selected on Tuesday to decide the fate of a onetime associate of Donald Trump's former lawyer Rudy Giuliani, in a case that could shed light on how campaign finance operates behind the scenes, including during the Republican former president's failed 2020 re-election bid.
A G20 initiative aimed at reducing financial strains on the world's poorest countries has led to less than a quarter of debt payments being suspended - well below expectations of what the programme would deliver, a debt campaign charity said on Tuesday.
Standing beside North Korea's largest missiles, leader Kim Jong Un said his country's weapons development is necessary in the face of hostile policies https://www.reuters.com/world/asia-pacific/north-korea-has-right-test-weapons-given-hostile-policies-un-envoy-2021-09-27 from the United States and a military buildup in South Korea https://www.reuters.com/world/asia-pacific/skorea-blazes-new-path-with-most-potent-conventional-missile-submarine-2021-09-08, state media said on Tuesday.
British Brexit minister David Frost called in a speech in Lisbon on Tuesday for the European Union to allow "significant change" to post-Brexit rules governing trade with Northern Ireland.
U.S. Congress progressives on Tuesday signaled a new willingness to shrink the cost, but not the scope, of President Joe Biden's multi-trillion-dollar plan to broaden social programs and tackle climate change, as they struggle to reach a deal with party moderates.
The number of Americans voluntarily quitting their jobs surged to a record high in August and there were more than 10 million vacancies, pointing to a tightening labor market that could help to keep inflation high as companies raise wages to lure workers.
The Democratic-controlled U.S. House of Representatives gave final approval on Tuesday to legislation temporarily raising the government's borrowing limit to $28.9 trillion, pushing off the deadline for debt default only until December.
The U.S. State Department on Tuesday appointed veteran diplomat Elizabeth Jones as a new coordinator for efforts to relocate Afghans who have fled or want to flee their country, spokesperson Ned Price said in a statement.
U.S. shares fell on Monday, having whip-sawed between gains and losses as soaring oil prices that hit multi-year peaks stoked fears about rising prices and tighter monetary policy, lifting the dollar to a near-three-year high against the yen.
A "Golden Bridge of Silk Road" structure has been erected in Beijing's Olympic Park.