Business & Commerce
Oil prices fell on Friday as concerns over a deteriorating demand outlook continued to weigh on the market.The West Texas Intermediate (WTI) for January delivery decreased 1.66 U.S. dollars, or 2.13 percent, to settle at 76.28 dollars a barrel on the New York Mercantile Exchange. Brent crude fo...
World,Front Page
US President Joe Biden renewed his call to ban assault weapons on Thursday."I'm going to try to get rid of assault weapons," Biden told reporters during a visit to firefighters in Nantucket, Massachusetts.The remarks came on the heels of a pair of high-profile mass shootings ...
As Chinese people's quest for spiritual nourishment and diverse lifestyles continues and expands, so the audio industry is booming with more and more users engaging not just as listeners, but also as creators.Li Ruo, one of 690 million audio users in China in 2022 -- as estimated by research fir...
Saudi Arabian Energy Minister Abdulaziz bin Salman on Monday denied media reports that his country is mulling an oil output increase."The current cut of 2 million barrels per day by OPEC+ continues until the end of 2023 and if there is a need to take further measures by reducing production to b...
The Organization of the Petroleum Exporting Countries (OPEC) on Monday further revised down its forecasts for global oil demand in 2022 and 2023, citing economic challenges and geopolitical uncertainties.The latest forecasts were released in OPEC's monthly report. The oil-producer alliance had a...
Chinese President Xi Jinping on Monday said during a meeting with his US counterpart Joe Biden that as leaders of two major countries, they need to set the right course for bilateral ties.From the initial contact and the establishment of diplomatic relations to today, China and the United States hav...
The second ASEAN Global Dialogue kicked off here in the capital of Cambodia on Sunday, focusing on sustainable post-COVID-19 pandemic economic recovery. Addressing the forum, Cambodian Prime Minister Samdech Techo Hun Sen said this high-level dialogue was designed to promote regional and...
The 2022 World Industrial and Energy Internet Expo kicked off Friday in Changzhou City of east China's Jiangsu Province.Agreements on 21 key projects have been signed at the expo with a total investment of 47 billion yuan (about 6.6 billion U.S. dollars), mostly covering new energy, industrial a...
World
The number of working-age adults in the UK who are currently unemployed has increased by half a million since 2019, the latest data from the Office for National Statistics (ONS) shows. This has mainly been caused by the onset of the COVID-19 pandemic in 2020.Around 2.5 million people were economical...
China has allocated part of next year's fiscal capital in advance to support water conservancy projects and the rural revitalization campaign.The Ministry of Finance has allocated 94.1 billion yuan (about 13.04 billion U.S. dollars) to help local governments finance projects related with water c...
China's Belt and Road Initiative (BRI) projects have played an important role in helping ASEAN countries broaden their development road and grow their economy, according to ASEAN officials and experts.Kao Kim Hourn, a minister attached to the prime minister of Cambodia, said BRI is one of the im...
A strong earthquake hit the Doti district in far-western Nepal early Wednesday morning, leaving six people dead and five others injured, a local official said.Several buildings collapsed in the tremor measuring 6.3 on the Richter scale that struck at 2:12 a.m. local time Wednesday."The dead bod...
Gavin Williamson, a cabinet office minister in Sunak's government, resigned on Tuesday after mounting allegations that he had bullied colleagues.The Sunday Times and other local media outlets reported days ago that Williamson sent expletive-laden messages to a colleague. On Monday, the Guardian ...
China's digital economy, ranking second worldwide for many years, has become a major growth engine for the country, according to a white paper published Monday.The white paper titled "Jointly Build a Community with a Shared Future in Cyberspace" was released by China's State Counci...
President Xi Jinping said Friday China will amplify the interplay between domestic and international markets and resources, strive to create new opportunities for the world with its own development, and contribute its share to building an open global economy.China will work with all countries and pa...
PetroChina is among the eight new international firms the Bangladeshi government has listed to purchase LNG (liquefied natural gas) from the spot market.The Bangladeshi government approved a proposal on Thursday at a meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by Finance Mini...
Diplomatic envoys to China, think tank experts and journalists from nearly 80 countries exchanged their views on the guiding principles of the recently concluded 20th National Congress of the Communist Party of China (CPC) at a forum on Wednesday.The symposium titled "Hong Ting Forum: Understan...
Entertainment & Glomour
The 2022 Chinese film festival opened in Kenya on Thursday with a view to boosting Sino-Africa cooperation and cultural exchanges.Ababu Namwamba, newly appointed Cabinet Secretary in the Ministry of Youth Affairs, Sports and Arts said in a speech read on his behalf by Michael Pundo, CEO of Kenya Cul...
Seven years into its operations, the Asian Infrastructure Investment Bank (AIIB) has upheld multilateralism, achieved rapid development and actively responded to various global challenges."The unique advantage of AIIB, which is taking developing countries as the mainstay but also including a la...
During a livestreaming session, the anchor of a textile company was introducing printed knitwear featuring Southeast Asian styles in front of a smartphone screen, while numerous online viewers from countries of the Regional Comprehensive Economic Partnership (RCEP) were watching closely.Zhang Jing, ...
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