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Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China.
Posted inBanking and Financial Institutions China Currency Economic Conditions and Trends Foreign Investments Gold Hong Kong International Trade and World Market Renminbi (Currency)

Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China.

Chinese families are sending money overseas, a sign of worry about the country’s economic and political future. But a cheaper currency is also helping exports.
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Posted by By Keith Bradsher and Joy Dong
Turkey Raises Interest Rates to 40 Percent to Tame Runaway Inflation
Posted inEconomic Conditions and Trends Erdogan, Recep Tayyip Inflation (Economics) Interest Rates Turkey

Turkey Raises Interest Rates to 40 Percent to Tame Runaway Inflation

The country’s central bank increased rates by 5 percentage points in an attempt to deal with the soaring cost of household necessities and the devaluing of the lira.
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Posted by By Santul Nerkar
U.K. Cuts Workers’ Taxes as Sunak Faces Election and Stagnant Economy
Posted inConservative Party (Great Britain) Economic Conditions and Trends Great Britain Hunt, Jeremy Politics and Government Sunak, Rishi (1980- )

U.K. Cuts Workers’ Taxes as Sunak Faces Election and Stagnant Economy

Britain’s top financial official, Jeremy Hunt, outlined measures to spur business investment and push more people into work.
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Posted by By Eshe Nelson
China’s Xi Jinping Draws Elon Musk, Tim Cook and Other U.S. CEOs to Gala in San Francisco
Posted inChinese-Americans Computers and the Internet Economic Conditions and Trends Foreign Investments International Relations Politics and Government Supply Chain United States Economy United States Politics and Government

China’s Xi Jinping Draws Elon Musk, Tim Cook and Other U.S. CEOs to Gala in San Francisco

Amid frosty U.S.-China relations, Xi Jinping emphasized friendship in an address to executives from Apple, Boeing, Nike and others.
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Posted by By Ana Swanson

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