The Organization for Economic Cooperation and Development has warned the interruption to children's schooling in the wake of the coronavirus pandemic could mean global economic growth is 1.5% lower on average for the rest of the century.
Russia and other major oil producers must regain, and even increase, their share of the oil market once demand for oil returns, Russia's energy minister said Tuesday.
Japan's revised GDP figures for the second quarter released Tuesday showed the country's economy shrinking an annualized 28.1% in April-June, according to second preliminary estimates released by the Cabinet Office.
The stock ended Tuesday's trading session at 33.1 Hong Kong dollars ($4.12), around 54% higher than its initial public offering price of 21.50 Hong Kong dollars.
Container shipping activity has staged a sharp rebound in recent months and is nearing pre-pandemic levels — but the outlook remains uncertain, says Jeremy Nixon, CEO of Singapore-based Ocean Network Express.
Oil producers in the top U.S. shale fields are stockpiling drilling permits on federal land ahead of the November U.S. presidential election, concerned that a win by Democratic candidate Joe Biden could lead to a clamp-down on oilfield activity.
China launched a global data security initiative on Tuesday, outlining principles that should be followed in areas from personal information to espionage.
As tensions mount between Washington and Beijing ahead of the U.S. presidential elections in November, Stonehorn Global Partners' Sam Le Cornu sees more Chinese firms returning home.
A spike in coronavirus infections in Indonesia's holiday island of Bali and Thailand's first locally transmitted case in 100 days have dealt further blows to Southeast Asian hopes of reviving vital tourism industries.
Duterte made a dramatic shift in the foreign policy of the Philippines when he declared in 2016 his "separation" from the U.S. — a military ally — to be closer to China.
The two journalists had been banned from leaving China until they answered questions about detained Australian citizen and television anchor Cheng Lei, the Australian Financial Review said in a report.
Both sides have observed a long-held protocol to avoid using firearms on the sensitive, high altitude frontier running through the western Himalayas, though this agreement has not prevented casualties.