Xi Warns China’s Foes Will Break Against ‘Steel…

President Xi Jinping struck a defiant tone in a speech marking the Communist Party’s 100-year anniversary, calling China’s quest to gain control of Taiwan a “historic mission” and warning the country’s adversaries to avoid standing…

Korea Plans $220 Handout to Most Citizens in…

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. South Korea is planning to distribute 250,000 won (around $220) to all members of the bottom 80% earning households in an effort to…

Australias Most-Populous City Struggles to Curb Delta Cases

For a fresh perspective on the stories that matter for Australian business and politics, sign up for our weekly newsletter. Sydney’s delta-variant coronavirus outbreak is proving difficult to bring under control, despite Australia’s most-populous city being…

There Isnt Enough Natural Gas to Calm Down…

Natural gas markets around the globe are rallying as the world’s importers have come to a stark realization: there isn’t enough supply to go around. A long, frigid winter drained gas stockpiles from Louisiana to…

China Crushed Jack Ma, and His Fintech Rivals…

It’s been eight months since Jack Ma, the most famous business executive China has ever produced, all but dropped from public view. Eight months and, by conservative estimates, some $70 billion. That’s the optimistic view…