Government defaults and unconventional security problems are major risks of Chinese enterprises in overseas investments, said China Export and Credit Insurance Corporation (Sinosure) in an annual report on world investment risk for 2016 released on Monday.
China has developed a multi-layer financial system with more diversity and sophistication, but new business models bring about rising risks, a senior central bank official warned Sunday.
The U.S. Federal Reserve on Wednesday kept its benchmark short-term interest rate unchanged for a third meeting in a row while offering little clue on the timing of its next rate hike.
The World Energy Council (WEC) predicted a 40 percent shortfall of available water across the globe by 2030 in a new report presented at the Asia-Pacific Energy Leaders' summit in Wellington Thursday.
An uneven and brittle global recovery highlighted the importance of the Group of 20 (G20) commitments to raise global growth, the International Monetary Fund (IMF) said in a report on Wednesday.
Immediate pressures on the public finances in emerging markets have eased in recent months as sovereign-bond yields and volatility have declined, but fiscal risks are on the rise in most emerging market economies, said the International Monetary Fund (IMF) on Wednesday in a newly-released report.
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.
Vice governor of China's central bank on Tuesday highlighted the country's current financial risks, promising to strengthen and improve financial regulation.
The U.S. Securities and Exchange Commission (SEC) on Wednesday issued an alert to warn investors about the potential risks of investments involving bitcoin and other forms of virtual currency.
Economists from China's leading think tanks have dismissed predictions that a possible property meltdown would trigger a crisis or even a crash in the world's second largest economy.
Supervision and risk analysis are urgently needed on China's shadow banking businesses, a central bank official said on Wednesday.
The International Monetary Fund cut its 2013 growth forecast for the world economy Tuesday to 3.1 percent, due to a slowdown in several key emerging market economies.
The International Monetary Fund (IMF) said Wednesday that the world economy stands poised for a gradual upturn in 2013 with output rising by 3.5 percent. The estimate marks a modest uptick from 3.2 percent in 2012, but was slightly lower than the IMF's last projection.
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