Short-term thinking is causing governments around the world to make "really dumb decisions" on economic policy, according to J.P. Morgan CEO Jamie Dimon.
Media reports in Asia have buzzed about what they label "flights to nowhere," with some airlines already flying them and others potentially about to start them.
Failing to reach a trade deal with the European Union would be more costly for the U.K. than dealing with the coronavirus pandemic, Goldman Sachs economists have warned.
Companies from the U.S. and other countries have shown little interest in pulling out of China, said Chen Deming, who headed China's commerce ministry from 2007 to 2013.
Swedish payments start-up Klarna just raised $650 million, putting its valuation over $10 billion and making it the European fintech most highly valued by investors, including VCs, sovereign wealth funds, and asset managers.
The coronavirus pandemic is showing few signs of abating with the number of new cases rising in South-East Asia and Europe in the last week but declining slightly in the Americas, according to WHO data.
As the U.K. enters its fourth round of trade talks with the U.S. this week, Washington will be looking to push its own regulatory standards on the country, and drive it away from EU's, an international trade policy expert has told CNBC.
Retail sales in China rose 0.5% in August from a year ago — the first positive report for the year so far — according to the country's National Bureau of Statistics.