Debt boom signals yuan's arrival as a funding currency

Investors are snapping up yuan credits and surging yuan lending is poised to overtake overseas dollar loans at Chinese banks ...

Analysis-Debt Boom Signals Yuan's Arrival as a Funding Currency

China has sought for years to promote the yuan as a currency for international trade and financing, and its share of global foreign exchange turnover has steadily climbed from a low base - reaching ...
New York Post

Stefanik, Jordan demand Hochul end NY funding of China-linked nonprofits: ‘Epicenter for election interference’

WASHINGTON — Reps. Elise Stefanik (R-NY) and Jim Jordan (R-Ohio) are demanding that New York Gov. Kathy Hochul terminate all state funding for China-linked nonprofits that may have been involved in ...
China Daily Global Edition

China expands cross-border integrated fund pool nationwide to boost financial opening-up

China has expanded its pilot program for multinational companies to operate integrated domestic and foreign currency capital ...
The New York Times

After Shutdown, Democrats Claim Credit for Funding They Opposed

Several Democrats who fought to steer federal money to their states and districts have boasted about their success even after voting against the bill that provided the funds. By Catie Edmondson ...
Current

WORT lays off staff due to budget shortfall

WORT in Madison, Wisc., took steps to reduce its budget deficit by eliminating the jobs of two senior staffers. The layoffs affected Music Director Sybil Augustine and Business and Events Development ...
Radio Ink

Public Radio Lawsuit Over NPR Funding Faces DOJ Pushback

Three local public radio organizations locked in a legal clash with the Trump administration say the President’s order cutting federal funds to NPR has left them fearful of punishment for maintaining ...
Arkansas Democrat-Gazette

Arkansas commission votes to cut ties with PBS, rebrand stations as Arkansas TV

Arkansas is the first state to announce it will sever ties with the Public Broadcasting Service after funding from the Corporation for Public Broadcasting was cut to PBS stations nationwide last ...
Current

Public Media Bridge Fund announces initial round of grants

The Public Media Bridge Fund is awarding $26 million in its first round of grants to public media organizations that are most in need following the loss of federal funding earlier this year. The funds ...

China to Scrub Small Overdue Debts From Credit Records to Help Spur Lending

BEIJING, Dec 22 (Reuters) - China’s central bank on ‌Monday ​unveiled a one-off credit ‌repair scheme to allow overdue personal debts of up ​to 10,000 yuan ($1,420.47) incurred since 2020 to be ...
WJHL-TV

East Tennessee PBS awarded grant after federal funding cuts

KNOXVILLE, Tenn. (WATE) — Following significant federal funding cuts to the Corporation for Public Broadcasting earlier this year, East Tennessee PBS has received a stabilization grant to help ...