China's online population reaches 731 million

The number of internet users in China—already the world's highest—reached 731 million in December, authorities said, as e-commerce drives consumer demand across the Asian giant.

Governing economic growth in the cloud

Gross domestic product (GDP) can be boosted by cloud computing, the system in which remote computers on the Internet are used to store, manage and process data rather than the users' local machines. A report to be published ...

New economic model may prevent problems with capital flow

The sudden halt of capital flow within a country indicates, according to experts, a bottleneck related to its foreign finance: That is to say, the bankruptcy of the country, as it leads to the contraction of international ...

Climate on track to devastate world's poorest economies: study

The 65 most vulnerable nations will see GDP drop 20 percent on average by 2050 and 64 percent by 2100 if the world heats up 2.9 degrees Celsius, according to a report released Monday at the COP26 climate talks in Glasgow.

Social responsibility of businesses questioned

When the Icelandic banking system was privatised in 2003, it inaugurated a period of furious expansion of both loans and risky investments. The bubble burst in 2008. At that time, the nominal assets of the three largest banks ...

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