China's long-awaited international payment system to process cross-border yuan transactions is ready, and may be launched as early as September or October, three sources with direct knowledge of the matter told Reuters.

• March 9, 2015

China's cooling growth prospects and an interest rate decision in Russia will shift the economic agenda away from the euro zone next week, although Greece remains firmly in the spotlight because of its precarious funding outlook.

• March 8, 2015

The European Union needs its own army to face up to Russia and other threats as well as restore the bloc's foreign policy standing around the world, EU Commission President Jean-Claude Juncker told a German newspaper on Sunday.

• March 8, 2015

China plans to enact specific legislation to fight corruption, the head of the country's parliament said on Sunday, as the government continues its campaign against graft.

• March 8, 2015

The European Union is ready to step up sanctions on Russia over the Ukraine conflict, but its priority is to bolster a fragile ceasefire agreed in Minsk, EU foreign policy chief Federica Mogherini said on Friday.

• March 6, 2015

Greece sent its euro zone partners an augmented list of proposed reforms on Friday but EU officials said several more steps were required before any release of aid funds to a country that Prime Minister Alexis Tsipras says has a noose around its neck.

• March 6, 2015

An industrial city in eastern China has closed several factories, including many steel and nickel pig iron producers, in an apparent sign the government is stepping up enforcement of a new environmental law in the face of growing public discontent over pollution.

• March 6, 2015

With less than four weeks until its deal for Russian natural gas imports ends, Ukraine risks losing its current discount unless it can agree a new pact, something that took six months and help from the European Commission to achieve last time.

• March 5, 2015