China's central bank on Tuesday pumped the biggest amount of funds since September into the financial system in open market operations in an effort to ease a liquidity strain. The People's Bank of China (PBOC) conducted seven-day reverse ...
Eco-friendly cars and self-driving technology became the hot topics for the international automobile industry in 2015. In January at Detroit's North American International Auto Show, over 40 new vehicles were unveiled. They included a ...
Tags: Eco-friendly Cars, Self-driving
Oil prices have been raised in Saudi Arabia. At the same time, the Saudi cabinet has also added tariffs on electricity, water and sanitation services. Saudi officials have approved a national budget for the coming year with a deficit of ...
Tags: Saudi Cabinet, Oil Prices, Service Tariffs
The International Monetary Fund (IMF) on Tuesday raised alarm of Djibouti's continuing public debt and budgetary deficit. "Expenses relating to public investments have exerted considerable pressure on the budget and external debt," IMF ...
Tags: IMF, Public Debt, Budgetary Deficit
Economists and insiders are calling for more effective goverment supervision as a year of wild swings in China's stock market is coming to an end. China fought an unprecedented and costly war in 2015 to contain wide stock market ...
After introducing Gesture Control in its 7 Series, German automaker BMW is planning to introduce AirTouch to its infotainment system. AirTouch allows drivers and passengers to take control of the car's entertainment, navigation and ...
A growing number of people in Hong Kong's music industry are said to be looking for ways to change their business model, in an attempt to make the once-booming industry flourish again in the city. Hong Kong's music scene saw its golden ...
Tags: Music Industry, Business Model
A Russian space capsule landed safely in Kazakhstan, bringing home a three-person crew from the International Space Station, including a record-breaking Russian cosmonaut. Russia's Gennady Padalka, Andreas Mogensen of the European Space ...
Tags: World Record, Total Days in Space
Thanks to a powerful new gene-editing technique, scientists have overcome a major hurdle for humans to receive life-saving organ transplants from pigs. In a paper in the U.S. journal Science this week, the researchers described using the ...
Tags: Gene Editing, Organ Transplant
A quadruped robot in the southwestern municipality of Chongqing walked its way on to the pages of the Guinness World Records book on Sunday. "Xingzhe No. 1" was developed by Li Qingdu, a professor with the college of automation under the ...
Japan's Cabinet has approved a record-high military budget for fiscal 2016. The 5 trillion yen, or 42 billion U.S. dollar plan marks the fourth consecutive year that Japan has increased its defense budget. This is the first defense ...
Hong Kong has replaced New York this year as the world's biggest IPO market by the amount of funds raised. According to data from Reuters, companies have raised 25 billion U.S. dollars from initial public offerings in Hong Kong so far ...
Tags: IPO Capital
Official stats show that China's civil aviation sector has seen record profits of 55 billion yuan, or more than 8 billion U.S. dollars, during the first eleven months of this year. The number is up three quarters compared to the same ...
Tags: China's Civil Aviation
New stats are suggesting Chinese acquisitions in the Asia-Pacific region have helped push the value of annual deals past one trillion U.S. dollars for the first time. The same set of data also shows Chinese companies have spent a record ...
Tags: M&A, New Heights
For drivers in the United States this year, it's been the gift that keeps on giving with low gasoline prices helping them saving money. The US national average for gasoline has dropped below 2 US dollars a gallon, the lowest price since ...
Tags: U.S.Gasoline Prices