by Yimian Wu | Dec 15, 2015 | Environment
At the doorstep of the president of Massachusetts Institute of Technology, a group of students was in the 44th day of sit-in protesting MIT’s October decision not to divest its interests in fossil fuel companies. The student activists are determined to keep the...
by Yimian Wu | Dec 3, 2015 | Business & Tech
WASHINGTON — Former New York City mayor Michael Bloomberg is pushing for a trading and clearing center in the United States for the renminbi, the Chinese currency, but experts say there are many hurdles before the American companies can trade and settle payments...
by Yimian Wu | Dec 3, 2015 | Business & Tech
WASHINGTON — Federal Reserve Chairwoman Janet Yellen expressed confidence in the U.S. economy Wednesday, signaling the Fed may increase interest rates in mid-December for the first time since the recession hit in 2008. The Federal Open Market Committee will meet...
by Yimian Wu | Dec 2, 2015 | Business & Tech
WASHINGTON — While economists are divided on whether Japan’s large-scale quantitative easing will revive its economy, they do expect the country’s current monetary stimulus effort will increase inflation more significantly than the last five-year attempt. The...
by Yimian Wu | Nov 11, 2015 | Demographics
China is not alone. The Asian giant recently abandoned its one-child policy. But other Asian countries, seeking to maximize economic growth, are also struggling with population and family-size policies as they cope with lower fertility rates among their population....
