Chinese universities raise tuition fees by as much as 54%
Chinese universities are drastically increasing tuition fees this year, with some making their first rises in two decades, hurt by a reduced...
Oil falls as global economic backdrop outweighs Saudi output cut
Oil prices edged lower early on Tuesday, coming off gains made the previous day as concerns about the global economic backdrop outweighed...
US sues Binance and founder Zhao over ‘web of deception’
US regulators sued Binance and its CEO Changpeng Zhao on Monday for allegedly operating a “web of deception”, piling further pressure on the world’s...
Oil rises on Saudi plan to deepen output cuts from July
Oil prices rose by more than $1 a barrel on Monday after top crude exporter Saudi Arabia pledged to cut production by...
Signs of de-dollarisation emerge, but dollar top currency: JPMorgan
There are some signs of de-dollarisation emerging right now, but the dollar should retain its "large footprint" for the foreseeable future, JPMorgan...
OPEC+ begins meetings that may agree further output cuts
OPEC and its allies began two days of meetings on Saturday that may culminate in further production cuts of as much as...
US Congress averts historic default, approves debt-limit suspension
The U.S. Senate on Thursday passed bipartisan legislation backed by President Joe Biden that lifts the government's $31.4 trillion debt ceiling, averting...
Investment more than consumption leading India’s economic growth, economists say
A surge in investments that offset sluggish consumption to boost India's growth in 2022-23 is expected to power the economy in the current...
Sri Lanka surprises with 250 bps rate cut, signals rebound from crisis
Sri Lanka's central bank cut its key interest rates by 250 basis points on Thursday amid easing inflationary pressures, signalling that the...
Chinese graduates lower their ambitions in moribund jobs market
Applied maths graduate Liang Huaxiao tried to land a job with one of China's tech giants for two years. Then she tried...
China’s factory activity falls faster than expected as recovery stumbles
China's factory activity shrank faster than expected in May on weakening demand, heaping pressure on policymakers to shore up a patchy economic...
Chinese tech entrepreneurs keen to ‘de-China’ as tensions with US soar
For the ambitious Chinese tech entrepreneur, expanding into the U.S. just keeps getting harder.
Before 2019, there were few major impediments to having...
Oil falls on US debt deal struggles, OPEC+ talks uncertainty
Oil fell on Tuesday, giving up earlier gains, as concerns about the viability of the U.S. debt ceiling pact cooled the market's...
AI means everyone can now be a programmer, Nvidia chief says
Artificial intelligence means everyone can now be a computer programmer as all they need to do is speak to the computer, Nvidia...
Biden says final US debt ceiling deal ready to move to Congress for vote
U.S. President Joe Biden on Sunday finalized a budget agreement with House Speaker Kevin McCarthy to suspend the $31.4 trillion debt ceiling...