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ECB needs to demonstrate backbone when inflationary pressure rises
Sat, 20 May 2017 10:59:56 GMT
 
The ECB will need to demonstrate a backbone when inflationary pressure increases in the Eurozone, although an expansive policy is justified for now, the Bundesbank President Jens Weidmann said.   >>
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ECB to be forced to tighten its policy
Sat, 20 May 2017 10:01:36 GMT
 
The ECB may be forced to tighten its monetary policy once inflation is considered to be on a self-sustaining path despite high unemployment, the ECB Executive Board Member Benoit Coeure >>
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Saudi Aramco to sign deals with US companies
Sat, 20 May 2017 10:01:23 GMT
 
The oil giant Saudi Aramco expects to sign 16 agreements worth $50B with 11 US companies to provide boost of bilateral trade between the countries. >>
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Russian Ruble poised to weakening run
Sat, 20 May 2017 08:58:37 GMT
 
With the Russian Ruble being pegged by 70% to the crude oil price, the currency is more likely to weaken rather than strengthen, the former Finance Minister Alexei Kudrin said. >>
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China Investment Fund to increase direct investments in US
Sat, 20 May 2017 08:58:20 GMT
 
The sovereign investment fund China Investment Corporation plans to increase direct investments in the US, as it expects greater trade and investment potential in the world's biggest economy.  >>
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Russian economy growth to be above world average
Sat, 20 May 2017 08:18:27 GMT
 
The Russian government's plan until 2025 assumes that the nation's economy growth will be above the world's average in the period 2019-2020.  >>
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Syrian talks in Geneva ends without breakthrough decision
Sat, 20 May 2017 08:13:38 GMT
 
The sixth round of four-day long pan-Syrian peace settlement negotiation ended in Geneva without any breakthrough decisions. >>
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US President Trump arrives in Saudi Arabia
Sat, 20 May 2017 07:14:45 GMT
 
The US President Donald Trump arrived in Saudi Arabia on Saturday, the first stop on a nine-day maiden overseas trip. >>
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Alibaba revenue sets record, profit decreases
Sat, 20 May 2017 07:13:57 GMT
 
Alibaba Group revenue reached all time high level of 158.3B yuan, while net profit declined 42% to 41.2B yuan for the year ended March 31. >>
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Several killed, over 100 rescued in Indonesia ferry fire
Sat, 20 May 2017 06:32:58 GMT
 
At least several people died and more than 100 were rescued after a ferry caught fire in western Indonesia on Friday. >>
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Preliminary vote: Iran's Rouhani leads presidential race
Sat, 20 May 2017 06:31:28 GMT
 
The Iran's incumbent President Hassan Rouhani has an unbeatable lead in the presidential election, reports state IRIB TV. >>
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China, Philippines agree to improve ties
Sat, 20 May 2017 05:33:52 GMT
 
The nations agreed to improve ties at a meeting between the Chinese Premier Li Keqiang and the Speaker of the House of Representatives of the Philippines Pantaleon Alvarez on Friday. >>
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Investment in China tourism to reach 1.5T yuan in 2017
Sat, 20 May 2017 05:31:40 GMT
 
Investment in China's tourism is likely to reach 1.5T yuan in 2017, an increase of 20% from the previous year, the China National Tourism Administration says. >>
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China's GDP to increase 6.8% in Q2
Sat, 20 May 2017 03:56:43 GMT
 
The Chinese economy is likely to advance 6.8% in the second quarter, remaining stable, albeit with a slightly weaker pace of growth, the State Information Center revealed. >>
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Iranian Rouhani likely to win presidential race
Sat, 20 May 2017 03:51:53 GMT
 
An unofficial tally showed that Hassan Rouhani, the current Iranian President, leads in the Iran's Presidental Election and is expected to get a second term. >>
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