Greece's Tsipras urges speeded up process to clinch debt deal
Greek Prime Minister Alexis Tsipras called for a speeding up of the process to conclude a reform-for-cash deal with euro zone creditors after talks with German Chancellor Angela Merkel on Thursday, a Greek official said.
Chinese banks must cut coal lending, shift to cleaner businesses
China needs to cut lending to coal-related industries and shift more financing to cleaner businesses in order to address a huge funding gap that is hindering the country's war on pollution, a study drawn up in part by central bank researchers said.
China and Pakistan launch economic corridor plan worth $46 billion
China and Pakistan launched a plan on Monday for energy and infrastructure projects in Pakistan worth $46 billion, linking their economies and underscoring China's economic ambitions in Asia and beyond.
Wall St. rallies on China stimulus, cautious earnings optimism
U.S. stocks rose on Monday, reversing much of the previous session's sharp decline, as China's steps to stimulate its slowing economy and cautious optimism about U.S. earnings lured investors into equities.
China wants to follow rules on currency basket: IMF official
China does not want to bend the rules in its favor to include the yuan in the IMF's basket of major reserve currencies, the No. 2 official at the International Monetary Fund said.
Russia gas deal would not solve Greece's problems
German Finance Minister Wolfgang Schaeuble said on Saturday he was happy over a report that Greece was poised to sign a gas deal with Russia, though he added it would not solve the cash-strapped euro zone nation's economic problems.
U.S. military trainers in Ukraine may destabilize situation
The Kremlin said on Friday the arrival of about 300 U.S. paratroopers in Ukraine to train Kiev's National Guard could destabilize the situation in the east of the country, where pro-Russian separatists are fighting Ukrainian government forces.
Wall Street tumbles, hit by weak earnings, China
Wall Street tumbled on Friday, with the major indexes down one percent or more, on investor concerns over new regulations in China, Greece's debt negotiations and disappointing earnings reports from U.S. corporations.
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