InformedInsights

Get Informed, Stay Inspired

Economy

8 more Chinese cities join Hong Kong solo travel scheme

HONG KONG —  Eight Chinese cities have joined a program allowing their residents to travel to Hong Kong on their own, rather than as part of a tour group, as part of efforts to boost Hong Kong’s economy. Hong Kong…

China tests European unity through Xi Jinping’s trip

Taipei, Taiwan —  Chinese President Xi Jinping concluded his high-profile European tour Friday after signing dozens of agreements with France, Hungary and Serbia, while reiterating Beijing’s desire to enhance “mutually beneficial cooperation” between China and Europe. Some analysts say Xi’s…

Biden set to impose tariffs on Chinese electric vehicles, sources say

WASHINGTON AND SAN FRANCISCO —  U.S. President Joe Biden is set to announce new tariffs on China as soon as next week, targeting strategic sectors, including electric vehicles, according to two people familiar with the matter. The full announcement, which…

Economy is top issue for US voters

The U.S. economy is one of the biggest issues for voters in the 2024 presidential contest between Joe Biden and Donald Trump. Biden campaigned this week on new tech investments. Trump says he will roll back Biden infrastructure spending and…

Feds have ‘significant safety concerns’ about Ford fuel leak recall and demand answers about the fix

DETROIT —  Federal investigators say they have “significant safety concerns” about a Ford SUV recall repair that doesn’t fix gasoline leaks that can cause engine fires. The U.S. National Highway Traffic Safety Administration is demanding volumes of information from the…

Air Vanuatu files for bankruptcy protection

MELBOURNE, Australia —  Air Vanuatu filed for bankruptcy protection on Friday a day after the South Pacific state-owned carrier cancelled all international flights, stranding thousands of travelers. The airline on Wednesday canceled more than 20 flights to and from the…

Chinese cities lift curbs on buying homes as property crisis bites

Beijing —  Two of China’s wealthiest cities said Thursday they would lift all restrictions on buying homes, joining a growing list of urban areas rolling back curbs as they look to prop up the faltering property market. Many Chinese cities…

FTX will return money to most customers less than 2 years after catastrophic crypto collapse

FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than that. FTX said in a court filing late Tuesday that…

Africa should forge path for secure data flow across borders, experts say

Nairobi, Kenya —  Digital experts called on African countries Tuesday for laws to protect the data of individuals and businesses, saying that a single digital market in which data can safely flow across borders would help overcome barriers to commerce…

Xi, in France, offers few concessions on trade, support for Russia

LONDON —  Chinese President Xi Jinping offered few concessions to his counterpart and host Emmanuel Macron as he wrapped up a two-day visit to France on Tuesday evening. Both presidents are seeking to mend ties on Xi’s first trip to…