Economy

The Russian Finance Ministry said on Tuesday it had finally brought the share of US dollar in the National Wealth Fund (NWF) to zero, and of the British pound to…

The lack of tourists from China may have partially prompted Japanese casual fashion brand Uniqlo's plan to close and relocate a store in a main shopping area of Osaka next…

ByteDance, the Chinese owner of popular video-sharing platform TikTok, refuted a media report claiming it was selling TikTok's artificial intelligence (AI) technology to other companies. "BytePlus is a [software as…

The lowest corporate tax rate in the world will not significantly impact China, where the corporate profit tax rate is 25 percent. High-tech companies in China enjoy a preferential corporate…

Hong Kong's role as financial hub "has not swayed by the slightest degree" since implementation of the national security law for the city, Hong Kong Chief Executive Carrie Lam said…

2.8 billion trips have been made by Chinese in 2020, down 52.1 percent from the year in 2019, as China made stable recovery of domestic travel market, according to data…