EU should follow U.S. on tariffs over Chinese goods, Italy minister says
The European Union should follow the example of the United States and protect its industry by imposing tariffs on Chinese…
ECB’s Panetta says consensus growing on need for rate cut
There is growing consensus within the European Central Bank over the need for a first rate cut as inflation is…
Macron heads to Germany in first French presidential state visit in 24 years
French President Emanuel Macron lands in Germany on Sunday for a three-day state visit followed by a bilateral cabinet meeting…
US core capital goods orders rise; higher borrowing costs a constraint
New orders for key U.S.-manufactured capital goods rebounded more than expected in April and shipments of those goods also increased,…
China-Japan-S. Korea leaders’ meeting expected to revitalize trilateral cooperation, says trilateral group chief
The upcoming China-Japan-South Korea leaders’ meeting “will serve as an opportunity to revive various cooperation projects and revitalize trilateral cooperation,”…
European banks in Russia face ‘awful lot of risk’, Yellen says
U.S. Treasury Secretary Janet Yellen told Reuters that European banks face growing risks operating in Russia and the U.S. is…
Canada’s TMX pipeline expansion to boost Asian crude oil trade
Canada’s Trans Mountain pipeline expansion (TMX) commenced partial operations on 1 May, a milestone in the global energy market. The…