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Saturday 16 August 2025

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Context on Markets
News After Brexit, EU plans 'offer you cannot refuse' to expand euro zone

The European Commission aims to make adopting the euro more attractive to European Union members currently outside the currency bloc, the economics commissioner said on Tuesday, in a bid to make the union more tight-knit after Britain's vote to leave.

  • May 23, 2017
News China tells U.S. trade representative stronger cooperation needed

China's commerce minister Zhong Shan told new United States Trade Representative Robert Lighthizer the two sides should strengthen cooperation and manage disputes in trade, according to a statement on the website of China's Ministry of Commerce on Monday.

  • May 22, 2017
News Britain won't accept EU's 'obsession' with ECJ in Brexit talks

Britain will not accept the "one-sided" powers of the European Court of Justice as part of a deal to leave the European Union, Brexit minister David Davis said on Monday, criticizing what he called an "ideological obsession" with the court in Brussels.

  • May 22, 2017
News EU's Moscovici confident Eurogroup will reach deal on Greece

The European Commissioner for Economic and Financial Affairs, Pierre Moscovici, said on Sunday he was confident an agreement between Athens and its creditors could be found at a meeting of euro zone finance ministers on Monday in Brussels.

  • May 21, 2017
News India's 'new Silk Road' snub highlights gulf with China

China invited Indian Prime Minister Narendra Modi and six cabinet colleagues to its "new Silk Road" summit this month, even offering to rename a flagship Pakistani project running through disputed territory to persuade them to attend, a top official in Modi's ruling group and diplomats said.

  • May 21, 2017
News EU eyes start of Brexit negotiations on June 19

European Union officials are preparing for talks on Britain's exit from the bloc to begin on June 19 but expect confirmation of the date only after the British election on June 8, EU sources said on Friday.

  • May 19, 2017
News Philippines calls for 'gentlemen's agreement' between ASEAN, China on sea code

Southeast Asian nations and China should start with a "gentleman's agreement" on the busy South China Sea waterway because no mechanism exists to legally enforce any deal, the Philippine foreign minister said on Friday.

  • May 19, 2017
News Oil rises 2 percent after Saudi and Russia back longer supply cut

Oil jumped more than 2 percent to its highest in more than three weeks on Monday, topping $52 a barrel after Saudi Arabia and Russia said that supply cuts need to last into 2018, a step toward extending an OPEC-led deal to support prices for longer than first agreed.

  • May 15, 2017
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