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As there is still work to be done to improve monetary policy transmission mechanisms－or to funnel additional liquidity into the real economy, particularly small businesses and infrastructure investment, interest rate cuts may translate into asset bubbles, instead of stronger economic expansion, Zhang Jun wrote in a note.

As the COVID-19 fallout continues to ripple through the country, more than 100 economists on Tuesday urged US Congress to immediately pass another multifaceted relief bill to salvage the pandemic-hit economy.

As women born in the 1990s begin becoming the backbone in careers and families, they also become the main force in shopping on e-commerce platforms, accounting for more than half the consumers, the report said.

As traditional Chinese medicine emphasizes the importance of drinking tea, here are four kinds of tea that can help people stabilize their blood pressure.

As the world's largest contract electronics manufacturer and a main assembler of Apple Inc's iPhone, Foxconn is looking to step into wafer fabrication. It previously failed in its bid to acquire Japanese conglomerate Toshiba Corp's flash memory chip business, but the group has not given up on its semiconductor ambitions, the sources noted.