Deputies from finance ministries and central banks of member economies of the Asia-Pacific Economic Cooperation (APEC) gathered in the Philippines on Thursday for a two-day meeting to form the Cebu Action Plan, a roadmap to make the region more inclusive and resilient in the years to come.
China will launch Shenzhen-Hong Kong Stock Connect program on a trial basis "at an appropriate time," according to a government work report to be delivered by Premier Li Keqiang at the annual parliamentary session Thursday.
The global economy faces big and crucial challenges with uncertainty and complexity in 2015, a Chinese government official said in an international financial meeting here on Sunday.
China's stock markets rallied after the central bank lowered the reserve requirement ratio (RRR) on Thursday for the first time in over two years, underscoring the powerful sway of this unique monetary policy tool.
The internationalization process of China's currency has made a new stride forward during the ongoing World Economic Forum annual meeting, with Beijing and Bern inking a deal to expand financial cooperation.
The Obama administration said on Thursday that it will loosen trade, finance, and travel embargo against Cuba.
China Development Bank, a wholly state-owned policy bank, granted 408.6 billion yuan (66.8 billion U.S. dollars) in 2014 in financial loans to support shanty town renovation projects, according to the bank.
Just more than a year after the successful launch of the China (Shanghai) Pilot Free Trade Zone (FTZ), the government is planning several similar zones to invigorate the faltering economy.
Young Australians are concerned their career dreams for the future may be out of reach, according to the country's biggest annual poll of young people that was released on Monday.
European Commissioner for financial services Jonathan Hill here on Thursday expressed his resolve to set up an EU capital markets union.
The two-day ASEAN Financial Inclusion Conference produced a set of recommendations on realization of objectives to accelerate financial inclusion in Southeast Asia, said a statement of the conference available here Friday.
An ASEAN financial inclusion conference is underway in Myanmar's capital of Nay Pyi Taw to share experiences and initiatives to ensure financial inclusion for low-income people in the region, particularly in the CLMV countries, namely Cambodia, Laos, Myanmar and Vietnam, official sources said Thursday.
South Korea's central bank on Wednesday lowered its policy rate from 2.25 percent to 2 percent, marking the record low and the identical rate maintained during the global financial crisis.
Bank of Albania (BoA) said on Wednesday the country's banking sector and the entire financial system in general have a healthy and stable performance.
Pacific Island nations have secured a 90 million U.S. dollar tuna deal with the United States, the Pacific Island Forum fisheries Agency (FFA) said.
The newly appointed governor of the South African Reserve Bank (SARB) pledged on Monday to tackle inflation and steer the country to financial stability.
Inspectors from the European Commission (EC) and the European Central Bank (ECB) arrived on Monday in Madrid on their second visit to assess Spain's financial sector after the end of the bailout.
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