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Thursday 15 May 2025

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Context on Markets
News China's economy experiencing 'period of pain': vice minister

China's economy is going through a "period of pain" as authorities try to shift it toward slower, more sustainable growth, with the rapid expansion of its shadow banking sector a major problem, the vice finance minister said on Saturday.

  • November 16, 2014
News German economy minister rejects tougher sanctions on Russia

German Economy Minister Sigmar Gabriel said on Sunday he does not believe tighter sanctions against Russia will help resolve the Ukraine crisis even though Chancellor Angela Merkel said on Saturday the European Union is considering further sanctions.

  • November 16, 2014
News Euro zone grows faster than expected in third quarter

Euro zone economic growth was stronger than expected in the third quarter, preliminary data showed on Friday, as France beat market expectations and Germany steered clear of a recession.

  • November 14, 2014
News Russia gas flows still frozen; Ukraine banks on mild weather to hold out

Ukraine signaled it may hold off from paying Russia's billion-dollar gas invoice - part of an EU-brokered agreement to restart supplies frozen since June - in the hope mild weather can help it last out longer as it grapples with near-bankruptcy.

  • November 13, 2014
News Euro zone risks self-fulfilling loss of momentum

The euro zone economy is at risk of slipping into a self-fulfilling loss of growth momentum, European Central Bank Executive Board member Benoit Coeure said on Sunday, underlining the ECB's readiness to act if needed.

  • November 13, 2014
News U.S. stocks rise, oil falls below $80

U.S. stock prices rose on Thursday, hovering near record highs, while crude fell below $80 a barrel for the first time in four years on further signs of a slowdown in China's economy.

  • November 13, 2014
News China-US climate pact 'heartening' but short of what's needed: IPCC

A deal between China and the United States to combat global warming is "heartening" although it falls short of the action needed to avert the worst impacts, the head of the U.N. panel of climate scientists said on Wednesday.

  • November 12, 2014
News Not clear whether weaker euro can solve growth problems

European Central Bank Executive Board member Benoit Coeure on Friday raised doubts about whether a weaker euro would be the way to ignite growth in the euro zone.

  • November 7, 2014
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