turkey china seek to expand economic ties despite political differences Turkey, China seek to expand economic ties despite political differences

14:55 | 08/07/2019 Global Economy

Turkey and China have expanded ties, but their relationship is marked by continued distrust and competition. The two sides are expanding economic cooperation but fundamental political differences remain.
opec non opec oil producers agree to extend oil supply cut by 9 months OPEC, non-OPEC oil producers agree to extend oil supply cut by 9 months

15:32 | 03/07/2019 Global Economy

The Organization of the Petroleum Exporting Countries (OPEC) and Non-OPEC oil producers agreed in Vienna on Monday (July 1) to extend the output cut by nine months, according to the Xinhua.
singapores economic growth likely to be weaker this year Singapore’s economic growth likely to be weaker this year

14:23 | 30/06/2019 Global Economy

The Singapore economy is likely to end the year weaker than earlier expected in the context that the ongoing tension between the US and China has stalled three of the world’s growth engines — trade, manufacturing and investments, warned Monetary Authority of Singapore (MAS) Managing Director Ravi Menon on June 27. 
asean leaders support rcep negotiations be concluded within 2019 ASEAN leaders support RCEP negotiations be concluded within 2019

11:04 | 25/06/2019 Global Economy

ASEAN leaders support the negotiations of the Regional Comprehensive Economic Partnership (RCEP) to be concluded within this year, Thai Prime Minister Prayut Chan-o-cha on June 23 told a press conference at the conclusion of the 34th ASEAN Summit held in Bangkok.
myanmars economy to grow 65 percent in 2018 19 fiscal year wb Myanmar’s economy to grow 6.5 percent in 2018-19 fiscal year: WB

15:28 | 24/06/2019 Global Economy

Myanmar’s economy is forecast to expand 6.5 percent in the 2018-2019 fiscal year (from October, 2018 to September, 2019), according to a recent World Bank (WB) report.
pm dmitry medvedev russian economy needs warming up this year PM Dmitry Medvedev: Russian economy needs 'warming up' this year

16:03 | 21/06/2019 Global Economy

The Russian government needs to take more steps this year to accelerate the country's economic growth, Russian Prime Minister Dmitry Medvedev said Wednesday (June 19).
rok to provide 50000 tons of rice to dprk via wfp RoK to provide 50,000 tons of rice to DPRK via WFP

17:35 | 19/06/2019 Global Economy

The Republic of Korea (ROK) Unification Minister Kim Yeon-chul, the country's top policymaker in charge of inter-Korean affairs, told a televised press briefing Wednesday (June 19) that his country will provide 50,000 tons of rice to the Democratic People's Republic of Korea (DPRK) through the World Food Program (WFP).
india slaps retaliatory tariffs on us goods India slaps retaliatory tariffs on US goods

14:54 | 17/06/2019 Global Economy

India has imposed higher levies on a range of US products after Washington ended key trade privileges for New Delhi. The US accuses India of being a "high-tariff country" that limits access to its gigantic market.
toyota to cut managers summer bonus due to high rd costs Toyota to cut managers' summer bonus due to high R&D costs

14:38 | 14/06/2019 Global Economy

Toyota Motor Corp. will cut summer bonuses for some 9,800 managers by 4 to 5 percent, as it looks to tighten cost control in the face of high spending on developing technology for autonomous and electrified vehicles, a source close to the matter said Thursday.
chinas consumer inflation hits 15 month high China's consumer inflation hits 15-month high

10:38 | 13/06/2019 Global Economy

China's consumer prices rose to the highest level in 15 months while inflation at the factory gate softened. Analysts believe inflation will remain in a benign range.
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