Israeli police said on Wednesday they had detained more than 30 serving and former public officials in an investigation into alleged corruption linked to a party in Prime Minister Benjamin Netanyahu's ruling coalition.

• December 24, 2014

China will simplify currency rules and step up credit support for firms investing overseas, the cabinet said on Wednesday.

• December 24, 2014

Russia's rouble hit its highest levels in two weeks on Tuesday, shored up by informal capital control measures designed to head off a repeat of the inflation and protests that marked Russia's 1998 financial crisis.

• December 23, 2014

Russia has complained that a U.S. move to scrap a 15-year-old deal sheltering Russian flat-rolled steel producers from high import duties is inconsistent with World Trade Organization rules.

• December 22, 2014

The Russian economy will slide next year into its first recession since the global financial crisis and inflation will be close to double digits, economists forecast in a Reuters poll, as the oil price crash and Western sanctions bite.

• December 22, 2014

Geopolitics plague Lithuanians at this frozen Russian border post, where a return trip by car can mean 48 hours of queuing. It is a reminder for some of why the former Soviet republic will cement its move to the West by joining the euro zone next month.

• December 21, 2014

China has offered more than $3 billion in loans and aid to neighbors Cambodia, Vietnam, Myanmar, Thailand and Laos to improve infrastructure and production, and to fight poverty, state media reported on Saturday.

• December 21, 2014

Italian Economy Minister Pier Carlo Padoan said on Thursday that possible fallout from Greece's political showdown would not trigger a euro zone debt crisis like the one that pushed Italy close to default three years ago.

• December 19, 2014