YURI KADOBNOV / Getty Saudi Arabia’s sovereign wealth fund, which is one of the largest in the world, released investments it bought and sold in the second quarter in an SEC filing. The state-sponsored Public Investment Fund is abandoning its investments in major U.S. companies such as Boeing, Facebook, Marriott, …
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PHILO PHOTO: A man with a mask walks past the headquarters of the People’s Bank of China, the central bank, in Beijing, China, as the country is hit by an outbreak of the new coronavirus, February 3, 2020. REUTERS / Jason Lee SHANGHAI (Reuters) – China’s central bank rolled over …
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China may never “reunite” with Taiwan now that the central government in Beijing has tightened its control over Hong Kong, one strategist said Monday. “In a way, the huge price that China is paying for Hong Kong is actually Taiwan,” David Roche, president and global strategist at Consulting Independent Strategy, …
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TOKYO (AP) – Japan’s economy shrank in April-June at an annual rate of 27.8%, the worst contraction on record since the coronavirus pandemic hit consumers and traders, according to government data released Monday . The Cabinet Office reported that Japan’s preliminary seasonally adjusted real gross domestic product, as GDP, the …
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TOKYO (Reuters) – Japan was hit by its biggest economic contraction on record in the second quarter when the coronavirus pandemic burned businesses and consumer spending, keeping policymakers under pressure for bold action to prevent the recession from escalating. FILE PHOTO: People cross a street in a business district in …
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