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Turing Award winner optimistic about blo...
The father of public key encryption, a Turing Award winner and chief scientist at Cryptic Labs, Whitfield Diffie, is optimistic about blockchain's scalability but believes it's too early to make "a d
U.S. unemployment rate remains unchanged...
The U.S. economy added 196,000 jobs in March, while the unemployment rate remained unchanged at 3.8 percent, the Bureau of Labor Statistics said on Friday. In the first quarter of 2019, employment gr
Electric car boom drives growth for glob...
Global copper producers are converging in Chile this week as tightening supply buoys prices, even as the industry grapples with declining ore quality, project delays and worries the U.S.-China trade
Australia's central bank holds cash rate...
SYDNEY, March 5 (Xinhua) -- Australia's central bank has decided to keep the country's interest rate on hold at the record low of 1.5 percent on Tuesday, where it has remained since August 2016. Acco
Foreign investors continue to buy Chines...
Overseas institutions continued to buy Chinese bonds in March, data from the country's only authorized general China government bond depository showed. The overseas institutions' deposit of Chinese b
Trump threatens tariffs on European cars...
U.S. President Donald Trump on Wednesday said the United States would impose tariffs on European car imports if it cannot reach a trade deal with the European Union. Speaking to reporters at a White
Belt and Road Initiative could transform...
The Chinese-proposed Belt and Road Initiative could transform Africa's economy, economic analyst said on Thursday. James Shikwati, director of Inter Region Economic Network (IREN), a think tank, told
Nippon Steel to bolster overseas busines...
Japan's Nippon Steel Corp, is set to bolster overseas operations, especially in fast-growing India, to bypass growing nationalism and capitalize on growth abroad as it faces shrinking demand at home.
Apple infringed three Qualcomm patents, ...
Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with a jury in federal court in San Diego finding that Apple owes Qualcomm about 31 million U.S.
Non-resident capital flows into China to...
Non-resident capital flows into China reached 485 billion U.S. dollars in 2018, and are expected to grow by 90 billion U.S. dollars, or 18.6 percent in 2019, new data from the Institute of Internatio
Wells Fargo says CEO Tim Sloan to step d...
Wells Fargo Chief Executive Tim Sloan, a frequent target of critics following a series of lapses by the bank, is stepping down from his post "effective immediately," the bank announced Thursday. Sloa
Analysts believe new yuan bills to boost...
The latest issuance of bills denominated in yuan by the People's Bank of China (PBOC) in China's Hong Kong Special Administrative Region will boost Hong Kong's role as offshore yuan business center,
Premier Li: China's economy to remain an...
China's economy has performed well under the backdrop of a softening global economy and it will continue the sound momentum for the long run, Chinese Premier Li Keqiang said at a press conference on
Volvo seeks more cooperation with Chines...
China is going to remove restrictions regarding foreign ownership of commercial vehicle companies, while Sweden's Volvo seeks more cooperation with Chinese partners. On the sidelines of China Develop
It's time to build a new consensus for C...
The latest trade talks between China and the United States reveal new hope for the cooperation prospects of the world's two largest economies as trade tensions brought bruises for industries of both
Boeing CEO says "learning" from deadly E...
Boeing President and CEO Dennis Muilenburg said Tuesday his company was "humbled" and "learning" from an Ethiopian airlines crash that killed 157 people more than two weeks ago. In a statement publi