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The head of the International Monetary Fund (IMF) has said that the organization would be "delighted" to co-operate with the China-led Asian Infrastructure Investment Bank (AIIB), which already has more than 30 members and is seen as a development bank similar to the World Bank...
U.S. stocks rose in early trading on Monday, though the Nasdaq Composite pulled back from its 15-year high reached last week...
State-owned company China National Chemical (ChemChina) is to buy Italian tyre maker Pirelli in a deal which values the firm at €7.1bn...
IBM CEO Virginia Rometty said that the tech company will share technology with Chinese firms and will help the country to build its own IT industry. She noted that this move is more important rather than viewing the country solely as a sales desstination or manufacturing base...
On Monday the greenback was broadly lower against a basket of other major currencies, as uncertainty over the timing of a U.S. rate hike put pressure on demand for the dollar...
On Monday U.S. stock futures pointed to a slight pullback after last week's solid gains, with investors watching for comments from Federal Reserve members and waiting for the latest health check on the housing sector...
The Greek prime minister Alexis Tsipras has warned Angela Merkel that it will be “impossible” for Greece to service debt obligations due in the coming weeks without any short-term financial assistance from the European Union (EU) to the country, as servicing the debts would lead to a “sharp deter...
According to the chairman of FACTS Global Energy (FGE), global crude oil prices could trade between $35 to $40 a barrel by the end of the second-quarter of 2015...
On Monday crude oil futures tumbled 2%, as China's imports weakened and bearish comments by Saudi Arabia’ oil minister weighed on the prices...