Market

US Senate Approves Raising Government Debt Ceiling

The US Senate passed on Friday legislation to raise the government’s debt ceiling of USD31.4 trillion, avoiding what could have been the first-ever default.The Senate voted 63-36 to approve the bill, which was passed by the House of Representatives on…

Market

China firmly opposes Taiwan-US deal under trade initiative

China said Friday it firmly opposes the signature of the first US-Taiwan agreement under a larger bilateral trade initiative, state-run Xinhua News Agency reported.”Taiwan is an inalienable part of China’s territory. China firmly opposes countries with…