china is adjusting to slower economic growth China Is Adjusting to Slower Economic Growth

15:31 | 05/07/2015 Global Economy

Growth in China is expected to decelerate to 7.1 percent in 2015 and 6.9 percent by 2017, reflecting a growth trajectory that is slower but more balanced and sustainable – a “new normal” for the world’s second-largest economy, according to the World Bank’s China Economic Update released today.
greece submits new proposal to creditors Greece submits new proposal to creditors

11:07 | 03/07/2015 Global Economy

Greece has submitted a new proposal to its international creditors in a last-ditch attempt to keep from defaulting on its IMF debt payment, which falls due on Tuesday.
Thailand's exports drop 5.01 percent in May

09:00 | 03/07/2015 Global Economy

According to the Thai Ministry of Commerce, Thailand’s exports have hit a new low with a contraction of 5.01 percent in May.
russia extends ban on certain food imports from the eu Russia extends ban on certain food imports from the EU

12:24 | 02/07/2015 Global Economy

Russia extended its ban on certain food imports from the US, the European Union and elsewhere for one year in retaliation for the EU’s decision to prolong penalties imposed over the conflict in Ukraine.
Cuba, Singapore strengthen bilateral cooperation

09:27 | 02/07/2015 Global Economy

Cuban Minister of Economy and Planning Marino Murillo and Singaporean Foreign Minister Kasiviswanathan Shanmugan have committed to strengthening bilateral economic and political ties.
singapore australia to ink comprehensive strategic partnership Singapore, Australia to ink comprehensive strategic partnership

09:45 | 01/07/2015 Global Economy

Australia will be Singapore’s comprehensive strategic partner which would enable bilateral cooperation in the economy, foreign affairs and defense to expand further.
greece imposes capital controls as crisis deepens Greece imposes capital controls as crisis deepens

09:31 | 30/06/2015 Global Economy

Greece moved to check the growing strains on its crippled financial system on June 28, closing its banks and imposing capital controls that brought the prospect of being forced out of the euro into plain sight.
indonesia lowers economic growth target to 55 percent Indonesia lowers economic growth target to 5.5 percent

09:12 | 29/06/2015 Global Economy

The Indonesian government has lowered its economic growth for 2016 to 5.5 – 6 percent, from the previous target of 5.8-6.2 percent.
us congress grants president obama fast track trade authority US Congress grants President Obama fast track trade authority

16:21 | 27/06/2015 Global Economy

On Wednesday, the US Senate voted to grant President Barack Obama trade promotion authority, the so-called fast track trade authority, by a vote of 60 to 38 vote, giving the Obama administration greater gratitude to strengthen economic and trade relations with Asian countries.
greek debt talks continue on positive track Greek debt talks continue on positive track

08:52 | 26/06/2015 Global Economy

With no breakthrough during Monday's Eurogroup summit in Brussels, talks on the long-awaited deal for the Greek debt resolution will be continued with a view to strike a compromise by the weekend, according to Greek government and its international lenders.
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