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04:34, 07 May 2015 Thursday
Economy

09:55, 30 March 2015 Monday
Denmark to join China-backed AIIB investment bank

The Ministry of Finance said that Denmark has written to China to "announce its intention to apply to be a founding member" of the AIIB.

13:08, 26 March 2015 Thursday
Oil prices rice after Yemen intervention

Experts state that the crisis poses risks to the region, which is significant for oil production and exports in the world.

09:22, 19 March 2015 Thursday
Fed holds rates now forecast rise after April

Federal Reserve removes word 'patient;' interest rate increase expected within months. Yellen says timing of rate rise 'not decided,' but will come anytime after April; holds current rates at 0 to 0.25 pct.

16:59, 13 March 2015 Friday
Turkish lira hits new record low against dollar

Many emerging-market currencies have fallen against the dollar in recent weeks

14:27, 13 March 2015 Friday
US money policy causes Turkish lira volatility Minister

Anticipated Federal Reserve interest rate hikes making dollar strong against most emerging market currencies, Deputy Prime Minister Ali Babacan says.

13:50, 12 March 2015 Thursday
Eurozone industrial production fell

European Statistical Agency says slight decline fuelled by drop in production of durable consumer goods.

13:48, 11 March 2015 Wednesday
EU to create energy partnership with Turkey

EU will use all its foreign policy instruments to establish strategic energy partnerships with producing and transit countries.

15:14, 04 March 2015 Wednesday
Turkish lira slides to record low against dollar

Dollar strength and waning investor confidence are driving the lira lower

09:44, 28 February 2015 Saturday
PM Tsipras denies Greece will seek third bailout

Greece has already received two bailouts totalling 240 billion euros but fellow euro zone member Ireland said last week that it would have to negotiate a third programme.

09:32, 28 February 2015 Saturday
Bulgaria to back new sanctions if Ukraine truce crumbles

The Ukraine crisis has tested the loyalties of Bulgaria, a Balkan country with historical ties to Moscow and heavily dependent on Russian energy supplies.

18:47, 27 February 2015 Friday
Syria expels three United Nations aid workers

Syria expels three United Nations aid workers hindering aid development in the country

13:50, 27 February 2015 Friday
Russia may accept Chinese control of oil and gas fields

Russia has overcome a "psychological barrier" and is ready to deepen its economic ties with China, Deputy Prime MinisterArkady Dvorkovich said

13:41, 27 February 2015 Friday
German parliament approves Greek bailout extension

With Chancellor Angela Merkel's right-left coalition plus the opposition Greens, it was the biggest majority for any euro zone rescue package so far in the 631-seat chamber.

11:15, 27 February 2015 Friday
U S signs trade pledge with East Africa eyes rest

The agreement commits Tanzania, Kenya, Uganda, Rwanda and Burundi to cooperate with the United States in customs issues, ease red tape at borders, reduce customs wait times and harmonize trade standards.

09:49, 27 February 2015 Friday
Sri Lanka says China to be consulted on any project

Sri Lankan President Maithripala Sirisena has unnerved China with his re-examination of certain projects that Chinahas invested in, including a $1.5 billion "port city" project in Colombo.

09:19, 27 February 2015 Friday
EU-Russia-Ukraine gas talks to be held on Monday

EU energy chief Maros Sefcovic invited Russian Energy Minister Alexander Novak and his Ukrainian counterpart Volodymyr Demchyshyn for talks

14:57, 26 February 2015 Thursday
Gazprom can exempt rebel-held areas from Ukraine gas contract

Gazprom and Ukrainian state energy firm Naftogaz have accused each other of not sticking to agreements on gas supplies.

14:52, 26 February 2015 Thursday
Egypt army could play role in new Suez industrial hub

The new canal, that will allow two-way traffic of larger ships, is supposed to increase revenues by 2023 to $13 billion.



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