Russia’s inflation hit 15% in January, official data showed on Thursday, underscoring the growing economic pain from sliding oil prices and western sanctions linked to the Ukraine conflict, Fin24…
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China International Capital Corp. said China’s new lending may have surged in January to the highest monthly total since a stimulus program during the global financial crisis. The 1.6t yuan ($256b…
World-EconomyChina’s consumer price inflation likely slowed to a five-year low in January due to falling oil prices and sluggish demand, while export growth was seen sagging, a Reuters poll showed, raising…
World-EconomyGermany’s industrial production rose slightly in December in another sign that the key sector is gaining steam,AP reported. The Federal Statistical Office said Friday that December production was…
World-EconomyUS job growth likely remained firm in January, with a rebound in wages, supporting views that consumers will have enough muscle to carry the economy through tough times. Nonfarm payrolls…
World-EconomyMalaysia is confident that bilateral trade with Indonesia remains positive despite the volatile economic landscape, Prime Minister Datuk Seri Najib Tun Razak said.
World-EconomyUkraine, whose economy has been battered by a war against pro-Russian rebels, is moving closer to winning desperately needed financial support from abroad.
World-EconomyCollege-educated and gainfully employed 36-year-old Eriko Sekiguchi should plan for recreation and faraway resort vacations. But she works in Japan, a nation where workaholic habits die hard.
World-EconomyWestern sanctions against Russia over Ukraine violate the international law and destabilize the global economy, Russia’s Deputy Foreign Minister Vasily Nebenzya told a briefing in Havana on…
World-EconomyGerman engineering giant Siemens said Friday it was slashing 7,800 jobs worldwide, more than 3,000 of them in Germany, as part of an ongoing restructuring plan aimed at saving about one billion…
World-EconomyHong Kong’s property sector may face dire predictions of a crash after the breakneck pace of price increases in recent years, but that wouldn’t be an Armageddon scenario for the economy, Market…
World-EconomyGermany wants Greece’s new left-wing government to go back on anti-austerity promises made in its first days in office and revert to economic policies its predecessors’ agreed with…
World-EconomyGreece’s finance minister met a senior International Monetary Fund official in Paris over the weekend, the new Greek government said on Wednesday, its first meeting with one of the country’s…
World-EconomyItaly’s service sector returned to growth in January but new business and employment dropped, suggesting companies are still struggling as the economy goes through its third recession in six years…
World-EconomyRussia could lose up to $160 billion in oil exports annually if oil prices fall to $45 a barrel, the head of the Russian Central Bank said Tuesday.
World-EconomyThe DPRK government made agreements promoting mutual investment and preventing double taxation for foreign investors, particularly highlighting cooperation with Russia, according to an article…
World-EconomySouth Africa will need to invest 100 billion rand ($9 billion) to develop its coal resources in the “short-to-medium term”, the mines minister said on Wednesday, as softer prices for the commodity…
World-EconomyArgentina’s state-run energy firm YPF will tap global markets for a $750 million bond on Wednesday, the government said, the company’s first international debt sale since the South American…
World-EconomyGold rose on Wednesday, reversing a 1 percent in the previous session, as European share prices dropped and China’s central bank moved to make more money available for lending to help stimulate…
World-EconomyThe fourth annual World Radio Day focuses on young women and men.
World-EconomyOrders to US factories dropped for a fifth consecutive month in December, while a key category that signals business investment plans fell for a fourth straight month, AP reported. Factory orders…
World-EconomyThe Industrial and Commercial Bank of China (ICBC), the country’s biggest commercial lender, announced that it now owns 60% of UK’s Standard Bank Plc, the global international commodities and…
World-EconomySony on Wednesday cut its full-year loss forecast by more than a quarter to $1.4b, pointing to its latest three-month results that benefited from a weak yen and improving smartphone sales, AFP…
World-EconomyToyota Motor Corp lifted its operating profit guidance on Wednesday in a widely expected move, as a weaker yen increases the value of sales overseas and makes up for slumping demand at home.
World-EconomyBusiness activity in the French service sector fell in January, reversing marginal growth one month previously. The final seasonally adjusted headline Markit France Services Business Activity…
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