A key international economic watchdog has nudged up its forecast for global economic growth this year in response to low prices and expectations that interest rates will remain low in many leading economies.
It's lunchtime in Cape Town, and a stream of customers are lining up at the Nando's restaurant on Long Street. A cashier, Zimktha Loza, tries to take phone orders over the din of Portuguese-inspired music.
Oksana Semenikhina, a customer of Citigroup Inc's Russian unit for the past decade, got an offer from the lender this year that she couldn't pass up.
Greenback sees biggest drop in six years after Fed chief says currency weighing on exports
UK Chancellor of the Exchequer George Osborne twinned his Conservative Party's custody of a broadening UK economic recovery with a sprinkling of incentives for voters as he sought to break a campaign deadlock going into the May 7 general election.
China and the US are seeking to step up cooperation on energy, the environment and climate change following a major bilateral climate change deal reached in November during President Barack Obama's trip to Beijing.
Perhaps the most anticipated highlight of Asia Week in New York, the Robert Ellsworth collection of Asian art at Christie's auction house, brought in more than $61 million for 57 lots of Chinese, Japanese, Indian and other Asian works of art, nearly doubling the $35 million for the 1,400 items estimated at pre-sale.
Chinese companies with eco-friendly products should see a boost due to the government's increased focus on the environment.
The two players in an international social media phenomenon that started over a stolen iPhone met for the first time on Tuesday in China.
While East Asia awaits Japanese Prime Minister Shinzo Abe's statement this summer to mark the 70th anniversary of the end of World War II, some scholars in the United States doubt whether he will issue a sincere apology.
China's automotive industry is looking to increase its presence in the United States with a plant in the Chattanooga, Tennessee, area to supply interiors for Volkswagen AG's new midsize sport utility vehicle.
China's national image has been improving over the past few years, with President Xi Jinping becoming a highlight, according to a survey report.
Shipping bankruptcy strands ships, roils maritime cargo industry
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