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Putin declares martial law in recently absorbed regions

Russian President Vladimir Putin declared martial law in four regions of Ukraine recently absorbed by Moscow as his proxy officials in a southern-held city pulled out w

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U.S. GDP contracts less than predicted

New figures out this Thursday show the U.S. economy contracted less than first thought in the second quarter of the year, offering backing to those who maintain the cou

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China takes more steps to support economy amid record heatwaves and drought

China on Wednesday announced several economic policy measures to support the country's economy amid record heatwaves and drought, reported China Media Group (CMG), citi

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China's central bank urges steady credit growth

China's central bank has urged major financial institutions to spearhead the effort in maintaining stable credit growth, it said in a statement on Monday.In a meeting c

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Russian oligarchs among wealthy who bought EU passports via Cyprus, says audit

Russian oligarchs and other very wealthy people were able to gain a Cyprus passport and have access to the EU in return for $500,000, according to a national audit. Sig

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China's industrial profits up 4.0% in first four months

The profits for China's major industrial enterprises rose 4 percent year on year in the first four months of this year, data from the National Bureau of Statistics show

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Kazakhstan ends state of emergency

The state of emergency imposed in Kazakhstan amid riots in early January expired at midnight on Wednesday local time.Kazakh authorities affirmed law and order was resto

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