International News

China business news digest

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China expected to set 2015 growth target at 'around 7 percent', and a prominent princeling revealed as the de facto owner of Anbang Insurance.

President Xi's Chinese dream means a more multi-polar world

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China is likely to pursue its own interests and hope to influence global policy making and institutions more in the future.

Opportunities galore in Asia's last major frontier market

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Myanmar is opening up to the world and Australian entrepreneurs are well positioned to reap the benefits of the country’s transition.

No way to write off Greek debt: Junker

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European Commission President says Greek government must accept public opinion elsewhere.

Berlin doesn't seek new Russian sanctions

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Economics Minister says path to better relations still 'goes through Minsk'.

Gazprom posts 61% plunge in Q3 profit

by AFP
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Russian gas giant sees revenue fall in third quarter on Ukraine dispute.

Gorbachev warns of risk of armed conflict

by AFP
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Former Soviet leader accuses US of drawing Moscow into new Cold War.

Oil price volatility could test the Fed's patience

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Volatile oil price fluctuations could cause inflation to roar back towards the Federal Reserve's target, the question is when?

The euro crisis has become a game of chicken

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The German Chancellor and the newly elected Greek Prime Minister are locked in a high-stakes game of chicken. Who will blink first?

German economics minister opposes Greek debt relief

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Berlin says new government has great opportunity to fight tax evasion, corruption.

EU maintains firm line on Greek debt

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Official says 'not that many' changes expected on part of the European Union.

Athens won't submit to EU: Tsipras

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New government halts privatisation of Greece's main port, vows to defend people's 'dignity'.

Greek stocks, bond prices continue to slide

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Stockmarket slumps 8 per cent, bond yields lift further as fears grow over Athens' relations with Europe.

Greece ready for talks on cutting debt: PM

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Tsipras outlines new government's top priorities, seeks EU negotiations.

US threatens new sanctions against Russia

by AFP
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Lew says Washington ready to increase sanctions, will work with allies to boost pressure.

Oil won't rebound to $US100 anytime soon: Russia

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Finance minister says external shocks have slugged $200bn hit to Moscow's balance of payments.

Former senior China official to be prosecuted for graft

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Chinese authorities have concluded an investigation into former energy official, Wei Pengyuan.

China business news digest

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State media say 2015 will be a crucial year for pushing ahead with reforms. Are major changes to SOEs on their way?

Obama urges freedom of navigation in Asia

by AFP
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U.S. President sees India as a key potential balance to rising Chinese power.

Japanese sue paper over sex slave reports

by AFP
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Over 10,000 people sue Asahi Shimbun over stories on Tokyo's system of wartime sex slavery.

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