News

How strong is Taiwan’s military?

Money.it

3 June 2024 - 15:00

With new tensions between China and Taiwan, the island was surrounded and flown over by 38 Chinese planes. There is fear of escalation and many wonder whether the Taiwanese army is strong enough to defend itself.

Old-age poverty overwhelms Asia (and scares Europe)

Money.it

3 June 2024 - 13:00

In South Korea and Japan, the wealth gap between those over 65 and the rest of the population continues to widen.

OPEC extends oil production cut in desperate attempt to boost prices

L. R.

3 June 2024 - 12:27

OPEC announced a further extension to its year-long oil production cut as global crude prices remain staunchly stable.

China creates $47.5 billion chip fund striving for self-sufficiency

Money.it

31 May 2024 - 13:00

Beijing has created the largest investment fund dedicated to semiconductors. Big Fund III will be able to count on capital of 47.5 billion dollars.

Saudi Arabia sells off Saudi Aramco shares to finance NEOM project

L. R.

31 May 2024 - 11:00

Saudi Arabia continues with its plan to transition away from a fossil fuel-based economy, selling billions of Saudi Aramco shares.