text

Budget deficit mainly behind Egypt's growing debts

​Economic experts said the budget deficit, among other factors, is the most significant reason for both the domestic and external growing debts of Egypt.

text

Budget deficit mainly behind Egypt's growing debts

​Economic experts said the budget deficit, among other factors, is the most significant reason for both the domestic and external growing debts of Egypt.

text

S.Korea's ICT exports rise for 2 months despite flagging overall exports

​South Korean exports in the information and communications technology (ICT) industry gained for two straight months through June despite flagging exports for overall industries, a government report showed Thursday.

text

CSF to increase share purchase, offers brokers credit to support stock market

China's state-owned margin trading service provider will support the tumbling stock market by increasing share purchase and offering brokers liquidity aid, the country's top securities watchdog said Wednesday.

text

Foreign investment in S. Korea falls 14 pct in first half of 2015

Foreign investment in S. Korea falls 14 pct in first half of 2015

text

Italy's economy does not fear impact of Greece crisis: FinMin Padoan

​Italy will not suffer any big impact from the Greek crisis, Italian Finance Minister Pier Carlo Padoan said on Wednesday.

text

Greek debt talks continue on positive track, 8-billion-euro fiscal reform package proposed

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.

text

Tokyo stocks end slightly lower amid Greece fears

Tokyo stocks end slightly lower amid Greece fears

text

Brazil announces massive concessions package to improve infrastructure

The Brazilian government announced on Tuesday a massive plan of concessions of railroads, highways, airports and ports, in a move to improve the country's infrastructure.

text

Brazil's Senate approves creation of BRICS Bank

The Brazilian Senate has approved the creation of the BRICS Bank and confirmed a treaty on creating a contingency fund for the bloc, local media reported on Monday.

text

U.S. stocks end mildly lower on Greek uncertainty

​U.S. stocks closed modestly lower after wavering between gains and losses on Tuesday, as Wall Street pondered over impacts of Greek debt crisis.

text

China-UAE trade to hit 100 bln USD in 2015: association

Bilateral trade between China and the United Arab Emirates (UAE) will reach 100 billion yuan (around 16 billion U.S. dollars) this year, nearly double 2014, a Chinese association predicted.

text

Former director of Brazil's oil giant found guilty of money laundering

Brazil's Supreme Court on Wednesday found the former director of supply in Brazil's state oil giant Petrobras guilty of money laundering and racketeering.

text

China's farmland well above "red line"

China is on track to meet its target of having 1.818 billion mu of farmland (121.2 million hectares) by the end of 2015, the Ministry of Land and Resources (MLR) said on Wednesday.

text

China's lottery sales down 6.3 pct in March

Lottery sales dropped to 30.81 billion yuan (5.03 billion U.S. dollars) in March, down 6.3 percent year on year, official data showed on Wednesday.

text

Japan posts 1st trade surplus in nearly 3 yrs in March

​Japan's exports exceeded imports in March for the first time in nearly three years, government data showed Wednesday.

text

S.Korea's car exports tumble in Q1 amid surging imports

Auto exports by South Korean carmakers tumbled in the first quarter amid a surge in foreign luxury car imports, customs data showed Wednesday.