Chinese flag

Chinese Property Developers Stake Out Shares In Commercial Banks, Intensifying Systemic Risks

Major Chinese property developers have in recent months been buying increasingly large stakes in regional banks, posing risk that an unravelling in the real estate market could leave both ... Read More
market in Beijing

China consumer prices rise, but industry deflation persists

China’s consumer inflation rate increased in March as fresh food prices jumped, but persistent deflation in the industrial sector was another signal of weak demand and slowing growth in ... Read More
stock market

European Stocks Advance as Investors Await U.S. Jobs Data

European stocks advanced, posting their longest winning streak since October, before a report that may show the U.S. economy created jobs at a faster pace last month. U.S. index ... Read More

Russia Staring at Recession on Sanctions

Western sanctions are pushing Russia toward recession and the pain could intensify if U.S. and European leaders turn the screw over tensions in Ukraine. Banks including state-run VTB Capital ... Read More

European Central Bank: review mission to Greece

Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) have concluded their review mission to Greece. The teams have reached staff-level agreement ... Read More
Election commission official installs Crimean flag during preparations for a referendum at the polling station in Simferopol

Russia Sounds Alarm on Economy as West Starts With Sanctions

Russia’s economy is showing signs of a crisis, the government in Moscow said as the U.S. and the European Union announced sanctions over its support for the Crimea region ... Read More
Broker Cyprus TopFX