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World 19 Jan 2021 | 1:02 AM

1st LD-Writethru-Economic Watch: Xi'an sees rising China-Europe freight train trips

XI'AN, Jan. 18 (Xinhua) -- Xi'an, capital of northwest China's Shaanxi Province, saw a surge in China-Europe freight train trips in 2020 despite the impact of COVID-19, local authorities told a press conference on Monday.

Business 18 Jan 2021 | 7:00 AM

Indonesia’s new sovereign fund targets US$20bil investments

JAKARTA: Indonesia’s soon-to-be launched sovereign wealth fund (SWF) is targeting US$20bil in investment in the next few months, President Joko Widodo said, a larger sum than previously announced after positive responses from several firms.