US proposes tougher requirements on largest banks US regulators Tuesday unveiled tough new capital requirements for the nation's eight largest banks in the newest move to strengthen the financial system in the wake of the 2008 crisis.
10 July 2013
Dongfeng, Renault to set up $1.8 bn JV: media Ambitious Chinese automaker Dongfeng Motor and France's Renault may sign a deal this month for an 11 billion yuan ($1.8 billion) joint venture after a decade of talks.
09 July 2013
China, Switzerland sign free trade agreement China and Switzerland signed a free trade agreement -- Beijing's first in continental Europe -- in a deal that comes against a backdrop of trade tensions between the Asian giant and the EU.
06 July 2013
Halving world hunger by 2015 'within reach': UN Despite economic crises and dwindling aid, the UN said Monday huge progress had been made towards meeting the so-called Millennium Development Goals.
01 July 2013
China manufacturing index hits nine-month low: HSBC Chinese manufacturing activity contracted further in June, data showed Monday, with a closely watched survey hitting a nine-month low and adding to signs of weakness in the world's second-largest economy.
01 July 2013
Spain raises taxes on alcohol, tobacco The Spanish government, which is struggling to cut one of the eurozone's largest public deficits during a double-dip recession, on Friday raised taxes on tobacco and alcohol.
29 June 2013
Deaths in China Xinjiang riot raised to 35: Xinhua The death toll in one of the worst riots in China's restive Xinjiang area has been raised to 35 from 27, state media said Friday, amid reports of tightened security ahead of a sensitive anniversary.
New York oil soars after Canadian pipelines shut New York oil prices sharply rebounded Monday after a leak forced the closure of Canadian pipelines, raising concerns about supply disruptions in North America.
25 June 2013
EU leaders meet as doubts grow over future EU leaders meet this week knowing they have to deliver growth and jobs, especially for the young, as years of debt crisis austerity and soaring dole queues test faith in the European project.
25 June 2013
'Dear Italy, I have left, but would return if...' As thousands of Italians leave the country to look for work elsewhere, one young journalist's blog claims to offer "a megaphone for this generation," a voice to all those who profess to be ready to return "if...".
25 June 2013
French minister rounds on 'undemocratic' EU A French minister has blamed the European Union for fuelling the recent resurgence of the far-right Front National (FN) in France by exerting too much pressure on democratically elected governments.
24 June 2013
British economy 'out of intensive care': Osborne Finance minister George Osborne on Sunday said the British economy was "out of intensive care" but that government would stick to a path of deep cuts to public spending.
Chinese buy up Canada farms; is Beijing behind it? With too few farms in China to feed a burgeoning population, Chinese immigrants have started buying up agricultural lands in Canada and shipping produce to Asia.
23 June 2013
Palestinian statehood at 'dead-end': Israel minister Israeli Economy Minister Naftali Bennett said on Monday that the idea of a Palestinian state was at a "dead end", prompting the Palestinians to accuse him of sounding the death knell of a two-state solution.
World Bank sees less global growth, more stability The World Bank on Wednesday lowered its growth estimate for the global economy in 2013, but said that expansion appeared better balanced than just before the 2008 financial crisis.