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ECONOMICS

Italy Breaks Ranks With G7, Announces Departure From China’s Belt and Road Initiative
On Dec. 7, Italy’s Prime Minister Giorgia Meloni announced that her country would withdraw from China's...
Moody’s Lowers Outlook on China’s Credit Rating, Citing Increased Debt Risks
In a significant move that reflects growing concerns over China's financial stability, leading financial...
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IRS Delays Implementation of Rule Forcing Payment Platforms to Issue Tax Forms for Transactions Over
On Nov. 21, the Internal Revenue Service (IRS) announced it was again delaying the implementation of...
China Expresses Disappointment at Milei Victory in Argentine Presidential Race
In a tumultuous year marked by political and economic strife, Argentina on Nov. 19 elected Javier Milei...
US Economy Headed for Soft Landing: Bank of America CEO
NEW YORK — Bank of America CEO Brian Moynihan said on Wednesday, Nov. 8 that he expects a soft landing...
Major Money Managers and Investors Wary of China Amidst Losses and Regulatory Scrutiny
Amidst China’s deepening financial crisis, which appears to have hit every sector in the communist country...
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Little Relief in Sight After Fed Decides to Hold Interest Rates Steady
On Nov. 1 (Wednesday), the U.S. Federal Reserve announced it would be holding rates steady at 5.25 to...
Toyota, Other Japanese Companies to Start Hydrogen Energy Investment Fund
Japan's first investment fund dedicated to the development of hydrogen fuel and infrastructure technology...
China’s Quest for Hope Amid Global Changes
News analysis By Dr. Po-chih Chen A recent official release from China has raised concerns as it...