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International News

Euro zone inflation drops to lowest since 2009

Euro zone inflation drops to lowest since 2009

Euro zone inflation hit its lowest level since November 2009 in March, a shock drop that raises expectations the European Central Bank will take radical action to stop the threat of...

Posted on 3-31-2014 at 7:29 AM
Rupert Murdoch sets up sons to take over media empire

Rupert Murdoch sets up sons to take over media empire

Rupert Murdoch has returned eldest son Lachlan to the leadership of his media empire and promoted younger son James, setting them up to succeed the 83-year-old tycoon.

Posted on 3-26-2014 at 2:48 PM
How rumour sparked panic and 3-day bank run in Chinese city

How rumour sparked panic and 3-day bank run in Chinese city

The rumour spread quickly. A small rural lender in eastern China had turned down a customer's request to withdraw 200,000 yuan ($32,200 US)

Posted on 3-26-2014 at 12:17 PM
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Economic turmoil if Crimea crisis deepens: World Bank

The Russian economy may contract markedly this year and the country could see record capital outflow of $150 billion US if the crisis over Moscow's annexation of Ukraine's Crimea deepens,...

Posted on 3-26-2014 at 10:00 AM
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Obama urges Putin to back down in Ukraine

U.S. President Barack Obama urged Russia to de-escalate the crisis over Ukraine or face the consequences of more sanctions if it encroaches further into the east of the country.

Posted on 3-25-2014 at 12:04 PM
Hundreds rush to rural Chinese banks after solvency rumours

Hundreds rush to rural Chinese banks after solvency rumours

Hundreds of people rushed on Tuesday to withdraw money from branches of two small Chinese banks after rumours spread about solvency at one of them, reflecting growing anxiety among...

Posted on 3-25-2014 at 9:11 AM
European shares rebound; euro, pound steady

European shares rebound; euro, pound steady

European shares rebounded on Tuesday as investors tried to take advantage of a drop in prices caused by geopolitical tensions and doubts about global growth.

Posted on 3-25-2014 at 7:58 AM
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Canadian firms in Russia push Ottawa for support

Canadian companies operating in Russia are pleading with Ottawa to ensure they aren't sideswiped by sanctions as the federal government puts global security ahead of commercial interests in...

Posted on 3-25-2014 at 7:39 AM

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