Daily News Channel
China needs an “urgent” tightening of monetary policy to prevent the huge stimulus measures introduced this year from inflating stock and property bubbles, one of the country’s leading bankers has warned. Qin Xiao — chairman of China Merchants Bank, the country’s sixth-biggest — says in Thursday’s Financial Times that the government should not be afraid of a “moderate slowdown” in the economy.
A smudged fingerprint has convinced art experts that a painting thought to have dated back to the early 19th century is the work of revered Italian artist Leonardo da Vinci.
Russia’s Prime Minister Vladimir Putin held talks with Chinese counterpart Wen Jiabao in Beijing Tuesday, as the two countries agreed bilateral economic and trade deals worth $4 billion, Chinese state Media reported.
The French military fended off a pirate attack on two fishing boats, hundreds of miles off the coast of east Africa, a French Defense Ministry spokesman said Tuesday. Wen hosted a welcome ceremony for Putin at the Great Hall of the People at the start of a three-day visit, before their private talks and a larger session involving ministers from both sides, Xinhua said.
Three days after the Reserve Bank of Australia unexpectedly raised interest rates, the monetary policy committee of South Korea’s central bank held a meeting. The Oct
Business confidence in Japan improved for a second quarter running, but the outlook for spending and profitability remains weak, according to a survey by the Bank of Japan on Thursday.
Investigators in New England are looking for a woman who they say has robbed at least six banks — often while claiming to have a bomb.
Logging onto Facebook as a resident in the Golan Heights, should you enter Syria or Israel as your home country? Decades of war and occupation have not provided an answer to that question — but the social networking Web site now permits both options, sparking fears about an anti-Facebook cyber-war
The terrain of the financial world has changed since the collapse of Lehman Brothers. It’s been one year since the U.S
Israeli Defense Minister Ehud Barak has approved the construction of 455 housing units in the West Bank, his office said Monday.