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SINGAPORE (AP) — When Pope Francis arrives Wednesday in Asia’s financial powerhouse Singapore for the last leg of a four-nation tour, he is expected to bring his message of unity and hope to one of the world’s richest nations.
Driven by steady demand for cashmere, bags, shoes and even camel wool, trade between China and Mongolia is flourishing via a bustling border town against a strong backdrop of e-commerce orders.
HELSINKI (AP) — A zoo in Finland has agreed with Chinese authorities to return two loaned giant pandas to China more than eight years ahead of schedule because they have become too expensive for the facility to maintain amid declining visitors.
China's central bank lowered the cost of its medium-term loans to banks on Wednesday in a move consistent with broad policy easing measures announced a day earlier to shore up a flailing economy.
The Federal Reserve's move to lower interest rates by 50 basis points puts the U.S. economy on track for a soft landing, according to Goldman Sachs' chief financial officer.
Australia's central bank on Tuesday held interest rates steady as expected and reiterated that policy needed to stay tight, sticking to its guns a week after the Federal Reserve started its easing campaign with a bang.
Tupperware Brands Corp. and some of its subsidiaries filed for Chapter 11 bankruptcy protection on Tuesday, giving in to dwindling demand for its once-iconic food storage containers and mounting financial losses.
