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ECB eyes response as slowdown fears grow

ECB eyes response as slowdown fears grow

The European Central Bank will hold off sudden moves Thursday after removing a pillar of support to the eurozone economy, analysts expect, though it could already be eyeing ways to respond to slower growth. Frankfurt policymakers are caught at an intermediate stage of withdrawing crisis-era...

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Chinese VP calls for global cooperation in 2019

Chinese VP calls for global cooperation in 2019

Chinese vice president on Wednesday said the international order was under “serious” threat and called on the global community to collaborate to cope with challenges in 2019. Wang Qishan was speaking at a special session alongside the World Economic Forum’s founder Klaus Schwab in...

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South Korea buys Iranian oil first time in months

South Korea buys Iranian oil first time in months

South Korea has imported Iranian oil for the first time in six months amid U.S. sanctions on Iran, a Korean business web portal said on Wednesday. "Iranian crude oil export to South Korea has resumed six months after U.S. economic sanctions," said Business Korea. It is said that one...

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UK 'open for business' despite firms leaving: trade minister

UK 'open for business' despite firms leaving: trade minister

Britain remains a world-leading destination for foreign investment despite Brexit clouds and the departure of a number of companies, International Trade Secretary Liam Fox said Wednesday. Interviewed by AFP at the World Economic Forum in Davos, Fox also welcomed a proposal by Poland that...

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