Foreign automakers taken to task in China over dealers' bloated inventories
Foreign automakers in China may struggle to dictate sales goals in the future after dealers complained to the government that inflexible targets set during a market boom obliged them to buy too much stock and bear the brunt of a drop in demand
Oil prices drop, market less worried about Libya supply
Crude oil prices tumbled on Monday, with Brent and U.S. crude hitting their lowest levels since May 2009, reversing early gains on selling by investors convinced that supply disruptions in Libya would not offset a global supply glut.
Russian economy suffers first contraction since global crisis
Russia's economy shrank sharply in November and the rouble resumed its slide on Monday as Western sanctions and a slump in oil prices combined to inflict the first contraction in GDP since the global financial crisis.
Crunch time: As sanctions bite, Putin ally gets into apples
As U.S. and European sanctions piled pressure on Russia earlier this year, the Kremlin hit back with an unusual weapon: apples.
Chinese leadership offers support for Hong Kong leader
China's central government fully approves of the leadership of Hong Kong's chief executive Leung Chun-ying and the work of the territory's government which has shown itself "unafraid of challenges", Premier Li Keqiang said on Friday.
Russia says ruble crisis over as reserves dive, inflation climbs
Russia said on Thursday its currency crisis was over even though its forex reserves have plunged and annual inflation has climbed above 10 percent, adding to the problems facing the government as it fights its worst economic crisis since 1998.
China offers fresh support for outbound investment
China will simplify currency rules and step up credit support for firms investing overseas, the cabinet said on Wednesday.
Israel police hold dozens of public officials in corruption probe
Israeli police said on Wednesday they had detained more than 30 serving and former public officials in an investigation into alleged corruption linked to a party in Prime Minister Benjamin Netanyahu's ruling coalition.
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