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World Economy News: World Finance News, Global Financial Markets


Taiwan Unveils First Home-Made Submarine in Key Defence Move

President Tsai Ing-wen unveils first locally made submarine in Kaohsiung, which aims to boost the island's defence and deterrence against…

9 hours ago

North Korea Declares Itself a Nuclear State, Vows More Missiles

Leader Kim Jong Un makes nuclear weapons part of his country's constitution, says he will speed up production of nukes…

9 hours ago

US, Japan Warn of New China Hacker After ‘60,000 Emails Stolen’

The warning came on the heels of a Washington briefing which said Chinese state-linked hackers had stolen 60,000 emails from…

10 hours ago

US Backs Underwater Cable to Guam, Central Pacific Islands

The cable could connect American Samoa with Guam, plus Papua New Guinea, Samoa, Tuvalu, Fiji, Nauru, Marshall Islands, Kiribati, Cook…

10 hours ago

Shares of China Evergrande, Its Property and EV Units Suspended

Trading in Evergrande shares and those of its property services and EV units was suspended on Thursday, while officials continue…

13 hours ago

US to ‘Indefinitely Extend’ China Chip Waivers For South Korea

The extension would mark an end to business uncertainty for South Korea’s Samsung Electronics and SK Hynix who have invested…

1 day ago

China Ramping up Its Nuclear Power Capacity – Xinhua

China has 55 nuclear plants in operation, and 24 under construction. It expects to add 6-8 small reactors a year,…

1 day ago

Apple Missing From China’s List Of App Stores Meeting New Rule

New regulations are causing consternation that publishing apps in the world's second largest economy is set to become very difficult

1 day ago

China Evergrande Stock Sinks Amid Report of Police Action

Shares of embattled developer plunged 19% in afternoon trading in Hong Kong after a report police were monitoring the activities…

2 days ago

South Korea, Japan and China May Hold Summit Near Year-End

Diplomats from North Asian states discuss holding three-way talks later this year, as China grows wary of warming ties between…

2 days ago

German Carmakers Fear EU’s China EV Probe: Minister – Politico

Germany’s economy minister said the country’s carmakers are “afraid” of retaliation from Beijing over potential EU duties targeting Chinese electric…

3 days ago

China Bans Top Nomura Investment Banker From Exiting Mainland

The ban is reportedly connected to Beijing’s investigation into top tech dealmaker Bao Fan, whose disappearance early this year shook…

3 days ago