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G20 a success for China, but hard issues kicked down the road

China is lauding its successful hosting of the G20 summit in scenic Hangzhou, with open confrontation largely avoided and broad consensus reached over the fragile state of the global economy and the need for a wide range of policies to fix it. There was even a joint announcement by China and...

S. Africa wants to expand trade relations with Turkey

JOHANNESBURG South Africa’s ruling African National Congress (ANC) said late Monday it looked forward to deepening trade and bilateral relations with Turkey. ANC Treasurer-General Zweli Mkhize said South Africa and Turkey shared a lot in common and should work together for their...

Global stocks push higher as oil takes wild ride

Cooling U.S. rate hike expectations helped world shares notch up solid gains on Monday, though they came off highs as investors concluded an oil market pact between Saudi Arabia and Russia lacked substance. Oil surged as much 5 percent on news the two mega producers had signed a deal to...