Business

South Korean President Moon Jae-in said on Thursday that he expects the volume of trade between Russia and the Republic of Korea to continue growing. “We will be celebrating the...

A giant offshore wind turbine with a 210-meter rotor diameter has been developed in China and will be put into production soon, the science and technology bureau of southwest China's...

China's Commerce Ministry said on Thursday that an agreement has been reached with the United States to proportionally cancel existing tariffs between the two countries in phases. According to the...

The adoption and integration of Artificial Intelligence (AI) technologies is becoming more commonplace in homes across the globe. However, rapid development raises concerns over safety. This comes after researchers found...

Economic inequality had become a “national emergency,” according to Ray Dalio, an American billionaire and the founder of the world's largest hedge fund Bridgewater. He talked about the paradox of...

The real problem with digital assets is that “historically there was a lot of hype in the crypto ecosystem,” Ripple CEO Brad Garlinghouse told Bloomberg. He said most cryptocurrencies will...

Commerce between the world's two largest economies, the United States and China, has fallen sharply in the first nine months of this year amid the ongoing trade war. US imports...

Boeing Chief Executive Dennis Muilenburg has decided not to take a bonus for 2019 after US lawmakers hammered him over compensation during Capitol Hill hearings last week in the wake...

The Institute for Energy Economics and Financial Analysis reviewed 29 publicly traded shale oil companies in the US and found that $181 billion in cash has been burned between 2010...

Global bullion holdings continued to rise in the third quarter of this year, with net purchases up 12 percent compared to last year, according to World Gold Council (WGC) data....

Chinese telecom giant Huawei has revealed plans to spend tens of billions of dollars on technology supplies in Europe over the next five years after being blacklisted in the US....

Every economic cycle ends with excess which is sovereign debt, says Joe Zidle, chief investment strategist at Blackstone. This time such excess sovereign debt might be the "mother of all...

China's trillion-dollar Belt and Road Initiative (BRI), also known as “One Belt, One Road,” has already attracted nearly 170 participants, Chinese President Xi Jinping has announced, vowing to further develop...

New Delhi has backed away from joining a massive multinational trade pact as the other 15 members of the Regional Comprehensive Economic Partnership (RCEP) have agreed on major points of...

For decades, two of the world's most-watched commodities, oil and gold, have typically moved in tandem. But lately, gold has been on steroids while oil prices have decidedly been on...

Aiming to win back public confidence in the Boeing 737 MAX, major US airliners are reportedly planning to hold demonstration flights with senior company officials, but not real passengers, on...

As Earth is apparently too small for China's economic ambitions, the country is considering developing commerce beyond our planet and wants to create an economic zone in cislunar space by...

Saudi oil giant Aramco has kick-started a formal procedure for its much-anticipated initial public offering (IPO), boosting the kingdom's development plans and paving the way for it to diversify its...

Prime Minister Narendra Modi will ride a tiger in Bangkok when he decides if India will join the Regional Comprehensive Economic Partnership (RCEP) involving half of world's population and 40...

Nigeria wants Russia's assistance to finally launch its steel plant, Ajaokuta Steel, sometimes called the “bedrock” of the nation's industrialization, which was almost completed in the 1980s, but has never...

Tehran and Damascus have signed a preliminary deal on rebuilding Syria's power grid at a major electricity expo, which by pure coincidence took place in Iran just as Washington sanctioned...

RT's Max Keiser sat down with publisher David Morgan to discuss the turmoil in the repo markets, which are already flashing red sirens, and how banks that are desperate for...

Official Russian arms exporter Rosoboronexport has sold US$11 billion worth of military equipment to 43 countries in the first 10 months of 2019, the company's director general revealed. The arms...

Saudi Crown Prince Mohammed bin Salman has greenlighted the initial public offering (IPO) of state oil giant Aramco. It could set a new record if the company's ambitious valuation is...

President Trump has applauded the latest jobs report and its positive effect on stock markets as critics unleashed on him for his failed promise to tame the US government spending...

With US President Donald Trump touting the completion of a trade deal, China has won the World Trade Organization's permission to impose $3.6 billion worth of retaliatory sanctions against the...

Social media network Facebook's policies around political advertising have come under scrutiny lately, and the European Union has said that the company's online marketplace is “killing competition.” Boom Bust is...

Brazil's appeals court has ruled the country's farmers cannot save seeds for replanting if the seeds are harvested from agribusiness giant Monsanto's patented Roundup Ready soybeans. The seeds are genetically...

Chinese mobile operators have offered 5G services to the country's consumers as the world's largest market officially made the network available on November 1. The fifth-generation of mobile internet connectivity...

The Federal Reserve cut interest rates again as the trade war continues to rage on, but what does all of this mean for the price of oil? It was the...

The World Trade Organization (WTO) has ruled that some $7 billion in Indian export subsidies violate trade rules and should be halted, upholding an American complaint filed last year and...

As the Nord Stream 2 pipeline looms closer to completion, its panicked critics claim it will harm Ukraine and increase the EU's energy dependence on Russia – which are, in...

US President Donald Trump said on Thursday he still expects to sign an initial trade agreement with China in November, despite the cancellation of the APEC summit in Chile, where...

While the United States is sanctioning countries and causing them to shift away from the dollar, Russia and China continue boosting trade and their gold reserves, says Dmitry Orlov of...

The European Union is planning to award 20 licenses for snow crab fishing near Norway's Arctic archipelago of Svalbard, in violation of a ruling by the Norwegian Supreme Court. According...

The US dollar's status as the world's major reserve currency, which it held for decades, could come under threat, according to Anne Korin from the Institute for the Analysis of...

Eyeing more restrictions on drilling following the 2020 presidential election, some US oil and gas companies may accelerate fracking on public lands over the next year. Concho Resources said that...

Denmark has given the green light for the Russia-led Nord Stream 2 gas pipeline to pass through its waters. Copenhagen's delay in granting permission has been the main hurdle to...

The Federal Reserve plans to inject $60 billion per month into the US economy which is showing signs of slowdown. It is reported to be preparing a rate cut next...

The world's biggest plane maker Boeing has been accused by members of the US Senate of putting profits before safety, and engaging in “a pattern of deliberate concealment.” The company's...