Interest rates, in turn, could lead to a sharp tightening of global financial conditions and significant capital outflows from emerging and developing economies, IMF Managing Director Kristalina Georgieva said in a blog published Wednesday with the IMF’s surveillance note for G20 countries. inflation risks comes amid sharp criticism by Republican […]

Having crushed the resistance to its rule in Hong Kong, China is moving against Taiwan with irregular tactics meant to exhaust the island’s military — which is in bad shape to confront the threat. It’s unclear how the incoming Biden administration will respond. TAIPEI — Months after eliminating a popular challenge to its rule in […]

A sales assistant packs a 1000 gram gold bar Reuters | James Alexander Michie

SHANGHAI (Reuters) — Chinese regulators and major banks are rushing to curb precious metal trading by domestic investors to temper speculation that some fear could cause a repeat of this year’s oil trading mishaps. The scramble to limit risks comes as gold prices hit record highs this week, spurred by investors hunting […]