China central bank to Fed: A little help, please?
Confronted with a plunge in its stock markets last year, China's central bank swiftly reached out to the U.S. Federal Reserve, asking it to share its play book for dealing with Wall Street's "Black Monday" crash of 1987.
Iran's Zarif to discuss business, Syria on Turkey visit
Iran's Foreign Minister Mohammad Javad Zarif joined his Turkish hosts in Istanbul on Saturday in condemning a suicide bombing by suspected Kurdish militants in a main shopping district that killed five people.
Russia slashes space funding by 30 percent as crisis weighs
Russian Prime Minister Dmitry Medvedev agreed to slash funding for Russia's space program by 30 percent on Thursday, an effort to reign in state spending in the face of a deepening economic crisis.
Oil up 6 percent as producers set meeting, Fed seen less hawkish
U.S. oil prices jumped almost 6 percent on Wednesday, erasing losses of the past two days, after major producers firmed up plans to meet in Qatar to discuss an output freeze and U.S. crude stockpiles grew less than expected.
ECB package can't solve economic problems in Europe: Merkel ally
A senior lawmaker from Chancellor Angela Merkel's conservatives said on Thursday the European Central Bank's package of rate cuts would not tackle the euro zone's economic woes, but could cause the property market to overheat.
China's restructuring will not lead to mass layoffs: regulator
China's economic restructuring will not lead to the kind of mass layoffs that took place in the 1990s, the country's state assets regulator said on Saturday.
ECB package can't solve economic problems in Europe: Merkel ally
A senior lawmaker from Chancellor Angela Merkel's conservatives said on Thursday the European Central Bank's package of rate cuts would not tackle the euro zone's economic woes, but could cause the property market to overheat.
Carry trades at heart of China capital outflows: BIS
Heavy outflows of capital from China have mainly been a result of the unwinding of carry trades aimed at benefiting from rising interest rates and an appreciating yuan, the Bank of International Settlements (BIS) said on Sunday.
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