The Myanmar government, led by President U Thein Sein, vowed to fulfill two common desires of the people, namely stability and rule of law, and socio-economic development of the country.
A total of 75 cooperation deals were signed, with an investment of 3.94 billion U.S. dollars, by people from the mainland and Taiwan at a cross-Strait forum on trade and culture on Tuesday.
U.S. President Barack Obama on Thursday pledged continued support for economic reform in debt-ridden Greece.
South Korea's central bank reiterated its worries about U.S. quantitative easing and the possible economic slowdown in China, citing those as major downside risks facing the economy.
Prices of thermal coal in China, used to fire up power plants, have declined 10 percent so far this year amid an economic slowdown and gradual transition.
China may see a mild increase in consumer prices in the second half of the year, which could limit the country's policy options as it faces a double task of stabilizing growth and curbing inflation, analysts said.
International Monetary Fund Managing Director Christine Lagarde Thursday called for better global policy cooperation and economic reforms that could help tackle specific challenges in both advanced and emerging economies.
U.S. Federal Reserve said Wednesday it will continue the current monetary stimulus moves to bolster the slow economic growth and job creation, as the latest data showed that U.S. economy grew at a sub-par 1.7 percent in the second quarter.
How to increase China's labor market flexibility and optimize the order of different reforms with the goal of financial stability and higher efficiency are two major issues the country needs to think of in its medium-term reforms, an expert said Sunday.
How to increase China's labor market flexibility and optimize the order of different reforms with the goal of financial stability and higher efficiency are two major issues the country needs to think of in its medium-term reforms, an expert said Sunday.
Federal Reserve Chairman Ben Bernanke said Wednesday the timetable for trimming the bond purchases is not on a preset course and the Fed would base its adjustment of the 85-billion-dollar monthly program on how the economy performs.
Chinese Premier Li Keqiang says macroeconomic policies should be more scientific, forward-looking and targeted, to promote healthy growth in the long run.
Chinese Premier Li Keqiang said Tuesday that macroeconomic policies should be more scientific, forward-looking and targeted to promote continuous and healthy growth in the long run.
With record low approval ratings and most of his economic promises in tatters, French President Francois Hollande on Sunday said growth was recovering and unemployment would decrease as government's measures were boring fruit, likely to ease growing public tension.
China is in a phase when it must rely on economic transformation and upgrading to maintain continuous and healthy development, said Premier Li Keqiang on Tuesday.
China's economic growth is expected to further slide from a 13-year low as credit tightening and overcapacity continue to weigh on the world's second largest economy.
Despite domestic fiscal headwinds and moderate economic growth in the first half of the year, the U.S. economy has proved surprisingly resilient, paving the way for the Federal Reserve to start tightening its monetary stance later this year.
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