The South African National Treasury has welcomed Fitch Ratings' decision to upgrade the country's long-term foreign and local currency debt ratings.On Friday, Fitch upgraded South Africa's Long-Term Issuer Default Ratings from 'BB-' to 'BB' and maintained a stable outlook.The agency noted that

China will further refine regulatory mechanisms for program trading and step up efforts to build first-class investment institutions, said Wu Qing, chairman of the China Securities Regulatory Commission (CSRC), on Saturday.

The rising oil prices and lingering tariff uncertainty have clouded the outlook for the U.S. employment market, despite its recent rebound, experts have warned.The U.S. economy added 172,000 jobs in May, with the unemployment rate holding steady at 4.3 percent, according to data from the Bureau of

SpaceX on Friday signed a blockbuster cloud computing agreement under which Google will pay the Elon Musk-founded rocket company $920 million per month for access to a massive cluster of AI chips, according to a disclosure in its initial public offering filing.The deal, which will bolster SpaceX's

"When I was young, elders rowed black-awning boats to sell cloth, which were known as mobile cloth stalls on waterways in Keqiao district of Shaoxing city, East China's Zhejiang Province.

Latest data from international bank Standard Chartered shows that its Renminbi Globalisation Index (RGI) rose to 224.8 in April - up from a base of 100 in January 2015 - indicating that the global use of the Chinese currency has more than doubled compared with a decade ago.