China's launched probe into FedEx misdirected mail is not a retaliation to the United States, the Chinese news outlet Xinhua stated on Sunday, despite worsening ties between Washington and Beijing due to trade war.
According to the Chinese Communist Party journal, China is ready for the long economic fight with the United States, as the Asian country is not set to give way on its major principles in negotiations with Washington.
On Sunday, thousands of the Hong Kong black-clad protesters demanded the city's leader resignation due to her bill handling that could allow extradition to China, sparking the most violent outcry in decade.
Apollo Global Management, the private equity group, has entered talks with Dish Network, the satellite TV provider, over financing its bid for the wireless assets that are set to be divested in the T-Mobile and Sprint proposed merger deal.
Moody's decision to downgrade Turkey's credit rating to junk rating B1 from Ba3 raises questions about agency's objectivity and neutrality, the Ministry of Treasury and Finance reports.
India's foreign exchange reserves have increased by $1.68B to $423.55B in June, a decline from a previous year high of $426.028 in April, the Reserve Bank of India reports.
The US aircraft manufacturer Boeing signed a deal to acquire aerospace interiors producer EnCore Group as the company continues to follow its vertical integration strategy.
Foreign direct investment in Algeria rose by 22% to $1.5B in the first five months of 2019, compared to the prior year, the National Office of Statistics reports.
The economy of Kenya is expected to expand 6.3% in the current year, the same pace as in 2018, the Cabinet Secretary for the National Treasury Henry Rotich says.
Israel's Ministry of Finance plans to introduce several initiatives to cut $903M from the state budget to reduce the budget deficit to 3.8% from a prior figure of 4%.
The Chinese industrial output expanded 5% in May, compared to the same period the previous year, after an increase of 5.4 % in April, the National Bureau of Statistics reports.
The Chinese government has started an investigation of FedEx after the delivery company failed to deliver express packages to designated addresses in China.
China's fiscal revenue increased 3.8% to $1.3T in the first five months of the current year, compared to the same period in 2018, the Ministry of Finance reports.
According to the Students News Agency report, Iran has summoned the UK ambassador to Tehran over the oil tanker attack accusations.
On Saturday, the Saudi Arabian Energy Minister Khalid al-Falih called for quick action to protect crude oil supplies amid the US-Iran face off.
British small and medium enterprises have received a record £6.7B equity investment the previous year, a data published by the British Business Bank, a government's development bank, shows.
The People's Bank of China has provided $29B to small and medium sized banks to keep their liquidity sufficient, a statement published by the central bank shows.
The Securities and Exchange Board of India, a national market regulator, has decided to tighten regulations for credit rating agencies, a circular published by the regulator shows.
The Bank of Russia lowered its key refinancing rate by 0.25% to 7.5% and cut its economic growth forecast to 1%-1.5% for 2019, a statement published by the central bank shows.
The World Bank has provided a $518M loan to Pakistan to simplify the tax regime and strengthen tax and customs administration, a press release issued by the World Bank shows.
The Chinese retail sales increased 8.6% in May after a 7.2% increase in April and reached $2.33T for the first five months of 2019, the National Bureau of Statistics reports.
The Chinese President Xi Jinping and his Belarusian counterpart Alexander Lukashenko agreed to strengthen cooperation under the Belt and Road Initiative framework during a meeting in Bishkek, Kyrgyzstan.
The US business inventories reached $2.03T in April, a slight increase from the previous month and a 5.3% increase from the same period the prior year, the US Department of Commerce reports.
The Belgian Ambassador to Lebanon Hubert Cooreman promised to improve economic cooperation with Lebanon at a meeting with the Director of Lebanon's Chamber of Commerce Mohammad Saleh.