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International News

China posts record trade surplus, but domestic economy may lag

China posts record trade surplus, but domestic economy may lag

China's buoyant exports pushed its trade surplus to a record in July, fuelling optimism global demand will help counter pressure on the domestic economy from a weakening property sector.

Posted on 8-08-2014 at 7:58 AM

ECB holds rates, waits for new funding measures to kick in

The European Central Bank left interest rates unchanged on Thursday, holding off fresh policy action as it prepares to launch fresh funding for banks next month that it hopes will lift...

Posted on 8-07-2014 at 8:07 AM

See the list: Russia imposes new import bans in sanctions stand-off

Russia has extended food import bans to Romania, stepping up its response to more biting Western sanctions for its support for separatist rebels in Ukraine, though Moscow's measures could...

Posted on 8-07-2014 at 7:23 AM

Italy’s economy slides back into recession

Italy slipped into recession for the third time since 2008 in the second quarter, underlining the chronic weakness of the euro zone’s third-largest economy and pressuring the government to...

Posted on 8-06-2014 at 7:17 AM

McDonald's says China food scandal hurting regional results

McDonald's Corp said its business has been hurt by China's latest food scare that forced restaurants in the region to temporarily pull meat items from menus.

Posted on 8-05-2014 at 7:54 AM

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