North Korea sanction loopholes give China room for manoeuvre
New United Nations sanctions against nuclear-armed North Korea leave plenty of room for China to continue business as usual.
Italy global wine market king, US top tippler: study
Italy was the biggest exporter and producer of wine in the world in 2015, while the United States consumed the most of Italian wine.
India pledges billions for farmers in 'populist' budget
India’s government pledged billions of dollars to help struggling farmers and boost the rural economy as it unveiled its annual budget.
'Brexit' would 'threaten jobs', warn UK business leaders
The bosses of more than a third of Britain's top companies urged voters to keep the country in the European Union.
'Bad bank' deal could be option for several countries: EU banking resolution chief
A state-backed "bad bank" that would take over non-performing loans from a country's banks could also be an option for other countries.
EU seals bad loans accord with Italy
Italy and the European Union on Tuesday reached agreement on creating a guarantee vehicle to help Italian banks sell bad loans.
Tenge slides 100% in 5 months; what next for Kazakhstan?
Amid falling oil prices and tenge exchange rate fluctuations, experts are wary to predict Kazakhstan's future.
Interest rates on deposits in tenge raised in Kazakhstan
In efforts to contain inflation and de-dollarize the economy, National Bank of Kazakhstan raises interest rates on deposits in tenge.
Iran boosts oil production by 500K, condemns new sanctions
Iran announced a major boost in oil production on Monday after the lifting of sanctions under its nuclear deal.
Chinese conglomerate to buy stake in Hollywood studio
Chinese powerhouse Dalian Wanda is reportedly in talks to buy a controlling stake in US film studio Legendary, providing the company with a key anchor in Hollywood.
Inflation in Kazakhstan makes 13.6% in 2015
Statistics Committee of the Ministry of National Economy of Kazakhstan released official inflation rate data: 13.6% in 2015 in Kazakhstan.
Kazakhstan National Bank explains tenge depreciation and equilibrium rate
Kazakh National Bank Governor Akishev talks about mechanisms behind depreciation of the tenge and central bank’s role in shaping Kazakhstan
Inflation in Kazakhstan nears 13%, central bank admits
Inflation in Kazakhstan reached 12.8% in the end of November. National Bank's Akishev names tenge depreciation the main driver.
Ukraine to introduce embargo against Russian food: PM
Ukraine is responding to Moscow's food embargo with "mirror sanctions" of its own, Prime Minister Arseniy Yatsenyuk announced.
Mitsubishi Heavy postpones delivery of first made-in-Japan jet
Mitsubishi Heavy is postponing delivery of the first made-in-Japan passenger jet, a little more than a month after its maiden test flight.
Turkmenistan eyes Western markets with new $2.5 bln gas link
Turkmenistan hailed on Wednesday the completion of a $2.5 billion gas pipeline connecting its abundant eastern gas fields to the Caspian Sea while potentially expanding Europe's energy security options.
Oil price slump forces Azerbaijan to stop propping up currency
Energy-rich Azerbaijan, whose economy has been hit hard by falling oil prices, withdrew support Monday for its embattled currency and the manat plunged by nearly a third against the dollar.
Brent hits 11-year low as oil extends slide on glut worries
European benchmark Brent crude slid to an 11-year low on Monday as oil prices resumed their slide in an oversupplied global market facing the prospect of renewed US exports.
Australia's Westfield offloads five US malls
Australian shopping centre giant Westfield Corp. said Monday it has offloaded five US malls for US$1.1 billion to divest non-core assets.
Hard economic lessons as China's coal boom ends
China's coal industry is now crippled by oversupply, but its companies are too big to fail.