~businessinsider | Bookmarks (183)

China's economy struggles to consume all it's producing, exporting the most steel since 2016 amid a real-estate slump.

China's central bank has been on a buying spree for 17 straight months as it diversifies its holdings away from the US dollar.

The attack on Iran on Friday isn't as important for US inflation as domestic demand, said an economist at a private Swiss bank.

New York and other states are using AI-generated letters to challenge wealthy remote workers who are avoiding paying taxes.

China is worried about disorderly competition and low capacity utilization. But its trading partners fret over the rapid rise of overall capacity.

A worker at the Pinakothek der Moderne smuggled in one of his own paintings and hung it on a wall in a bid for an artistic breakthrough, police said.

New evidence is emerging in the death of Zac Brettler, a 19-year-old who jumped from a fifth-floor balcony opposite London's MI6 headquarters.

Italy's digital nomad visa went into effect last week, aimed at highly skilled remote workers. Requirements include earning about €28,000 a year.

China's foreign ministry said it is "gravely concerned" over reports that Japan could join the AUKUS agreement.

Angkor Wat officials say they will take legal action against the worst offenders amid a growing problem of YouTubers abusing monkeys for views.

Senators will finally deal with the historic and controversial impeachment of DHS Secretary Alejandro Mayorkas. It could be over very quickly.

The New York Times reported that some young people in China have stopped contributing to pensions over concerns around the aging population.

China is framing the West's concerns about overcapacity as protectionism, and as moves aimed at curtailing the country's economic development.

China is pivoting to new economic drivers in the strategic industries of EVs, solar, and lithium batteries. This would impact economies globally.

At least 64 people got stuck at the Heping Mine, and another 600 are stranded at a hotel in Tianxiang, a tourist hotspot.

Russia's economy is thriving amid Western sanctions and the ongoing war with Ukraine, according to the Central Bank of Russia.

The companies want to cap their liability at $43.7 million by invoking a 19th-century maritime law previously used by the Titanic's owner.

The long-lost ship has been missing since it sank in 1886, but researchers were able to locate it in just two days using side-scan sonar.

Once feted among her international peers, Russian central bank governor Elvira Nabiullina is now seen as a complicit participant in the Ukraine war.

Turkish opposition's win over Erdoğan's AK Party may dampen the president's prestige and influence over Russia ties.

Currencies from other countries "not unfriendly" to Russia are even less stable and liquid than the Chinese yuan, said the Central Bank of Russia.

Dachshunds are plagued by a range of health problems relating to their "extreme body shape," according to the British Veterinary Association.