​Washington, Sep 22 (IANS) The inclusion of the Chinese yuan in the Special Drawing Right (SDR) basket by the International Monetary Fund (IMF) is an important milestone for the international monetary system, said a senior IMF official. ...

Cairo, Sep 9 (IANS) The World Bank on Friday transferred $1 billion to Egypt to boost the Arab country's economic reform programme, a media report said. "This is the first batch of a $3 billion deal allocated for funding a government economic developmental plan," Egyptian Minister of International Cooperation Sahar Nassr was ...

​Tokyo, July 29 (IANS) The Bank of Japan on Friday announced a modest expansion of its monetary easing programme, blaming Britain's decision to leave the European Union as the biggest uncertainty facing world markets. ...

​Beijing, July 26 (IANS) Riding on smartphone sales like its flagship H1 device, Chinese smartphone maker Huawei has posted a 40 per cent half-yearly profit. "We are confident that Huawei will maintain its current momentum, and round out the full year in a positive financial position backed by sound ongoing operations," ...

New York, July 27 (IANS) Although it added three million users -- one million more that what analysts had expected -- the not-so-promising second quarter earnings results led to the shares of micro-blogging website Twitter tumbling on Tuesday which wiped out nearly 10 per cent from its share price in after-market trading. ...

​Beijing, July 25 (IANS) The Chinese city of Sansha has decided to allocate five million yuan (about $748,000) annually for maritime environmental conservation for the next three years. ...

​Nairobi, July 23 (IANS) African countries affected by the massive drop in the global prices of oil should direct trade policies to new sectors, a UN official said. Mukhisa Kituyi, Secretary-General of the UN Conference on Trade and Development (UNCTAD), made the appeal at the close of a major ministerial conference in Nairobi on ...

​London, July 22 (IANS) British economy has fallen to a seven-year low amid the ongoing financial consequences of the country's decision to leave the EU, according to a study published on Friday. ...

​New York, July 22 (IANS) All high-ranking people do not always turn out to be selfish jerks. Some become generous, especially those who do not feel their status is fair and equitable, a study says. ...

​Tokyo, July 19 (IANS) The 'Pokemon Go' fever that has gripped smartphone users across the globe has led Japanese videogame giant Nintendo to double its value at the Tokyo Stock Exchange on Tuesday. ...