The new BRICS initiatives break the monopoly of existing western institutions over the financial order – a very important symbolic change, as it’s the first time a global financial ... Read More
Interior minister says Athens simply cannot satisfy IMF deadline next month unless it works out a deal with eurozone creditors Greece has threatened to default on €1.6bn (£1.14bn) of debt ... Read More
Japanese shares hit a new 15-year high on Thursday on hopes that its long-moribund economy was finally coming to life, but weak China factory activity capped stock market gains ... Read More
Japan‘s economy grew faster than expected between January and March, boosting hopes that the economy is recovering from last year’s recession. The economy expanded 0.6% in the period compared ... Read More
The Central Bank of Russia is taking effective steps to stabilize the national currency and the economic situation as a whole, according to the Deputy Managing Director of the ... Read More
New market to host firms in sectors favored by Beijing for building an innovation-driven economy The Shanghai Stock Exchange is on track to inaugurate a new market for small, ... Read More
India and China have signed a record 24 bilateral agreements worth $10 billion during Indian Prime Minister Narendra Modi’s first visit to China. Both sides are dedicated to establish ... Read More
* Output, consumer confidence data back bets that Fed will wait * IMM data show speculators continued to trim long dollar bets * DXY vulnerable to further near-term correction-strategist ... Read More
Efforts to introduce US trade deals with Europe and Asia have been dealt a blow after a vote in the Senate. Late on Tuesday, senators rejected a bill that ... Read More
Greece‘s government on Wednesday ruled out rushing to a referendum to secure public support for unpopular reforms, opting instead to make a final push for a compromise with lenders ... Read More
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