China mandates banks for USD 2 billion bond issuance in Saudi Arabia
Recently, China's Ministry of Finance announced that, with State Council approval, it would issue bonds in Saudi Arabia for a maximum of USD 2 billion...
Tag : China
Business Leader of the Week: Robin Li-led Baidu bolsters its AI line-up through I-RAG
Google co-founder Larry Page filed a patent for the PageRank search algorithm, in 1998, which referenced Robin Li's work on RankDex...
Will Dissanayake pull Sri Lanka out of the abyss?
Sri Lanka's economy is expected to grow 3% in 2024, reversing 2023's contraction, while inflation, which peaked at 70% in September 2022, moderated to 0.5% in August this year...
Air Canada reports 18% cargo revenue growth
Air Canada confirmed it had six Boeing 767 freighters in service as of September 30...
OPEC+ agrees to delay December 2024 output hike for one month
Due to a combination of rising supplies, weak demand, and declining prices, OPEC+ had already postponed the increase from October 2024...
Business Leader of the Week: Meet Zhang Yiming, ByteDance founder & China’s new richest
Following a brief period at Microsoft, Zhang Yiming started creating his applications and started several start-ups, one of which was a portal for real estate searches...
ByteDance founder Zhang Yiming takes first spot in China’s rich list
Zhang Yiming, who left as chief executive of ByteDance in 2021, has become the 18th person to hold the title of China’s richest since the Hurun China Rich List was established 26 years ago...
OPEC further trims global oil demand outlook for 2024 & 2025
OPEC maintained its prediction from September 2024 that the global economy would expand by 2.9% in 2025 and 3.3% in 2024, respectively...
China posts slowest GDP growth in over a year as property woes drag
Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages...
Business Leader of the Week: Amid concerns over GM’s Electric Future, CEO Mary Barra remains optimistic
During her ten years as CEO of General Motors, Mary Barra has made big investments in software and driverless cars...