India and Egypt have discussed potential investment propositions and opportunities for expanding economic cooperation, particularly in the fields of IT, recycling of waste material, green house…
World Economy
Toyota said Tuesday it would start selling the world’s first mass market fuel-cell car in Japan next month and elsewhere in 2015, in what its top executive called an industry milestone.
Britain’s 12-month inflation rose unexpectedly in October, rebounding from a five-year low the previous month, lifted partly by the rising cost of computer games, official data showed Tuesday, AFP…
Investment sentiment in Germany rose for the first time this year in November, amid signs that Europe’s biggest economy is stabilizing, a survey found on Tuesday, AFP reported. The widely watched…
Chile’s economy grew at its slowest pace in several years in the third quarter, as investments and domestic demand continued to decline.
The country’s central bank said on Tuesday that…
EU governments and the European Parliament (EP) have been unable to reach an agreement on a new budget. While the parliament wants an 8 percent increase, member countries are keen on saving money…
Aluminum stocks held at three major Japanese ports rose for a seventh straight month, hitting a 5-1/2-year high at the end of October as demand fell and the world’s third-largest economy…
Gold held below a two-week peak on Tuesday, its safe-haven appeal dulled with the dollar near a four-year high and growing signs of strength in the US economy.
New Zealand and South Korea have struck a free trade deal allowing more students from the Asian country to live and work in the South Pacific Island nation, in return for improved access for farm…
Shale drillers are planning on production growth with fewer rigs despite a worldwide glut that has sent crude prices to a four-year low.
Companies including Devon Energy Corp…
The unemployment rate in Turkey rose into double-digit figures in August for the first time since February, according to figures released Monday, World Bulletin reported. Increasing…
Growth in foreign investment into China slowed in October, the government said on Tuesday, amid a slowdown in the world’s second-largest economy and concerns over business risks, Channel NewsAsia…
With Japan’s slump into its fourth recession since 2008 threatening the failure of the Abenomics reflation program, Prime Minister Shinzo Abe’s administration is taking steps to shore up…
Indonesian President Joko Widodo unveiled a hefty increase in the price of subsidized fuel on Monday, taking a risky, unpopular first step towards fixing the tattered finances of Southeast…
Australia and India have pledged to push for a major free trade deal, as Indian PM Narendra Modi made a rare speech to lawmakers in Canberra.
Australian PM Tony Abbott admitted that…
The Brazilian economy technically got out of recession after two quarters, as it grew by 0.6% July-September, the Brazilian Central Bank said.
The assessment is based on calculations of the…
Bilateral relations between Singapore and Guangdong, a Chinese province on the South China Sea coast, received a boost as 17 projects were signed during the 6th Singapore-Guangdong Collaboration…
Russia’s biggest lender Sberbank has launched yuan-denominated letters of credit, the bank said in a statement Tuesday. The bank issued a series of letters of credit for a corporate client, Itar…
The dollar gained sharply on the euro as ECB President Mario Draghi told the European parliament that the central bank is ready to step up its asset purchases to counter ultra low inflation that…
Japan's economy sank into recession in the third quarter, figures showed Monday, making it almost inevitable that Prime Minister Shinzo Abe will delay a fresh sales tax rise and call a snap…
The eurozone trade surplus widened in September, official data showed Monday, with a rise in exports offering rare good news for an embattled European economy that is worrying the world.
Gongs were struck in the Shanghai and Hong Kong bourses to mark the historic start of the Shanghai-Hong Kong Stock Connect program on Monday.
The initiative is a landmark trading link…
The weak ruble is transforming the way Russians save and spend their money, with many turning to property, cars, and jewelry instead of seeing their money depreciate in the bank, RT reported. The…
Belgian prosecutors charged a subsidiary of British bank HSBC on Monday with fraud and money-laundering worth hundreds of millions of euros, mainly for diamond dealers in the industry’s…
Brazil, Russia, India, China and South Africa have agreed to set up a temporary board of directors for their joint BRICS Development Bank. “They [BRICS leaders] ordered their finance…
