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WB chief sees rising trade barriers as major downside risk to global growth

WB chief sees rising trade barriers as major downside risk to global growth

2019-06-05 10:36

The global economic outlook is shadowed by "substantial challenges," World Bank President David Malpass said on Tuesday.

GOP lawmakers mull blocking Mexico tariffs in defiance of Trump

GOP lawmakers mull blocking Mexico tariffs in defiance of Trump

2019-06-05 07:07

Republican lawmakers in the U.S. Congress have been considering blocking the imposition of tariffs on all Mexican imports.

World Bank lowers 2019 global growth forecast, keeps projection for China

World Bank lowers 2019 global growth forecast, keeps projection for China

2019-06-05 06:05

The World Bank on Tuesday lowered its global growth forecast for 2019 to 2.6 percent.

Xi confident in stable, healthy, sustainable development of Chinese economy

Xi confident in stable, healthy, sustainable development of Chinese economy

2019-06-05 04:02

Chinese President Xi Jinping: China's economy will have enough factors of support to maintain stable, healthy and sustainable development.

Xis visit to open new prospects for China-Russia ties

Xi's visit to open new prospects for China-Russia ties

2019-06-04 21:24

China-Russia relations are set to embrace yet another "highlight moment" as Chinese President Xi travels to Russia on Wednesday for a new state visit.

British construction activity plunges in May: survey

British construction activity plunges in May: survey

2019-06-04 20:10

British construction activity plunged in May, with the sharpest drop in construction output since March 2018.

British retail sales suffer record drop in May

British retail sales suffer record drop in May

2019-06-04 19:01

British retail sales fell by 2.7 percent year on year in May, representing the biggest drop since records began in 1995.

UK, U.S. want ambitious trade deal after Brexit

UK, U.S. want ambitious trade deal after Brexit

2019-06-04 16:40

British Prime Minister Theresa May said Tuesday that she and U.S. President Donald Trump wanted an ambitious trade agreement after Brexit.

Aussie interest rate cut no surprise to markets

Aussie interest rate cut no surprise to markets

2019-06-04 15:13

The RBA's decision to cut the country's interest rate from 1.5 percent to 1.25 percent on Tuesday came as little surprise to many observers.

＂Facebook Tax＂ proposed by New Zealand government

＂Facebook Tax＂ proposed by New Zealand government

2019-06-04 14:19

The New Zealand government has proposed two options for a Digital Services Tax (DST)to ensure multinational companies pay their fair share of tax.

Vietnams steel import slightly up in 5 months

Vietnam's steel import slightly up in 5 months

2019-06-04 13:49

Vietnam spent roughly 4.1 billion U.S. dollars importing nearly 6.1 million tons of steel and iron in the first five months of this year.

6.1-maginitude quake strikes Japans Torishima island region: JMA

6.1-maginitude quake strikes Japan's Torishima island region: JMA

2019-06-04 13:22

An earthquake with a preliminary magnitude of 6.1 struck Japan's Torishima Island region, the weather agency said Tuesday.

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