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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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Obama imposes sanctions on 11 Russians, Ukrainians over Crimea
U.S. President Barack Obama on Monday imposed sanctions on 11 Russian and Ukrainian officials blamed for Russia's military incursion into Crimea, including two top aides to Russian President Vladimir Putin.
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Tourism hotspot, gas giant, cash drain? What's Crimea to Russia?
It will replace Egypt as a tourist hotspot, its offshore oil and gas reserves will cement Russia's position as the world's top energy producer, and its spas will revive the state sector's weary workforce. At least, that's how Russia presents Crimea.
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U.S., EU impose sanctions after Crimea moves to join Russia
The United States and the European Union imposed sanctions including asset freezes and travel bans on officials from Russia and Ukraine after Crimea applied to join Russia on Monday following a weekend referendum.
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