Author : EW News Desk Team

China will send nearly 10 million yuan ($1.64 million) worth of aid to the Philippines for the Typhoon Haiyan disaster relief effort, reported the Wall Street Journal on Thursday,...

The European Union’s executive body, the European Commission, has launched an inquiry into Germany’s persistently high current account surplus, in order to determine if Europe’s largest economy was indirectly...

The United States will surpass Saudi Arabia and Russia as the world’s top oil producer by 2015, said the International Energy Agency on Tuesday, however diminishing returns in shale...

China’s Communist Party ended its Third Plenum on Tuesday by promising a “decisive role” for markets in the economy, as they push for reforms to deliver results by 2020.In...

 Iran’s supreme leader Ayatollah Ali Khamenei is secretly controlling a business empire worth over $95 billion, Reuters reported on Monday, following a six-month long investigation into Khamenei’s financial affairs.According...

European Commission President Jose Manuel Barroso has described France's 2014 budget as "satisfactory", but warned that more taxes would hurt further growth and employment, according to an AFP report...

The global black market is believed to generate almost $10 trillion annually – equivalent to the size of Japan and China’s GDP. From body parts to drugs to even...

Brazil’s major hotel chains are set to meet with the justice ministry this week, after the government agency demanded an explanation from the group over several complaints regarding room...

Russia’s economy ministry has slashed its long-term growth forecast through to 2030, warning that falling investments and exports could lead to an era of stagnation behind the rest of...

Iran’s desperation to boost oil revenues amidst international sanctions has seen it offer free delivery of crude to remaining clients such as India, according to a report by Reuters...