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News
China brakes as euro zone gears up
China's huge manufacturing engine stuttered in the early part of 2014 while a return to growth in French business activity this month suggested a solid, broad-based recovery was taking shape in the euro zone, surveys showed.
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Germany's Bundesbank opens door to QE in Europe
The European Central Bank could buy loans and other assets from banks to help support the euro zone economy, Germany's Bundesbank said, marking a radical softening of its stance on the contested policy.
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Ukraine crisis gives new impetus to EU-U.S. trade talks, U.S. says
Russia's annexation of Crimea underlines the need for the United States and the European Union to substantially deepen their economic ties, Washington's top trade official said on Saturday, opening the door to U.S. exports of natural gas to Europe.
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Europe strikes deal to complete banking union
European policymakers agreed on Thursday to complete a banking union with an agency to shut failing euro zone banks, but there will be no joint backstop for a fund to pay the costs of closures.
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China's yuan slides to near one-year low as economic risks mount
China's yuan fell beyond 6.20 to the dollar on Wednesday for the first time since April last year amid market speculation the central bank will keep the currency weak as economic growth slows.
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U.S. ambassador to China says 'level playing field' a top goal
Ensuring a "level playing field" for American businesses stands at the top of the U.S. diplomatic agenda in China, U.S. Ambassador Max Baucus said in his first public remarks since taking office.
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Ukraine crisis not seen hurting Iran nuclear talks: EU
Iran and six world powers sought on Tuesday to make headway toward resolving their decade-old nuclear dispute, with Western officials expressing hope talks would not be further complicated by the Ukraine crisis.
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Putin signs Crimea treaty, will not seize other Ukraine regions
Russian President Vladimir Putin, defying Ukrainian protests and Western sanctions, signed a treaty on Tuesday making Crimea part of Russia but said he did not plan to seize any other regions of Ukraine.
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