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Chinese PM rejects yuan criticism
Chinese Premier Wen Jiabao rejects criticism that Beijing keeps the yuan undervalued in order to boost exports.
S&P raises Ukraine rating
By Polya Lesova, MarketWatch FRANKFURT (MarketWatch) -- Ukraine's credit spreads rallied on Friday, indicating a declining probability of default, after the formation of a new governing coalition brought much-needed political stability and prompted a
China oil demand is 'astonishing'
Oil demand in China rose by an "astonishing" 28% in January compared with a year ago, the International Energy Agency says.
Pimco chief says public finance shock may deepen
Mohamed A. El-Erian, whose company runs the world’s biggest mutual fund, says deteriorating public finances may seriously hurt the global economy.
India to sign nuclear, Gorshkov deals with Russia
India and Russia will on Friday tighten their ties by signing a slew of agreements, including an umbrella civil nuclear pact and another accord fixing the cost of the refurbished aircraft carrier Admiral Gorshkov at $2.35 billion
IMF says property taxes much too low
RIGA - The International Monetary Fund is advising Latvia to increase its assessed property valuations, after the group’s technical mission determined that the assessed property values in maj...
Council blasts Estonian citizenship laws
TALLINN - The European Commission against Racism and Intolerance (ECRI), an arm of the Council of Europe, has lambasted Estonia for the large number of non-citizens in the country. The ECRI sa...
German bankers hit out at monetary fund plan
German finance minister backs proposals, but central bank chief disagrees.
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