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World Bank Chief Targets Poverty-Free World By 2030
Extreme poverty could be virtually wiped out globally by 2030, said World Bank chief Jim Yong Kim in a speech at Georgetown University on Tuesday, outlining a bold agenda...
Taiwan To Allow Larger Chinese Stakes In Domestic Banks
The Taiwanese government has agreed to ease investment caps for Chinese firms looking to buy bigger stakes in local financial institutions, reported AFP on Monday, with both nations keen...
Cyprus Church Leader Call On Ministers To Resign, Vows To Create Jobs
The head of Cyprus’ powerful Orthodox Church, Archbishop Chrysostomos II, vowed on Sunday to use its financial resources so that ordinary people “won’t go hungry”, whilst calling on the...
Myanmar Lifts 50-Year-Old Ban On Privately-Owned Daily Newspapers
Myanmar’s decades-long ban on privately-owned daily newspapers came to an end on Monday, reported AFP, representing a new era for the nation’s media industry, which has long been shackled...
Mongolia To Build Highway From Russian To China Borders: Report
The Mongolian government is planning to build a $3.5 billion cross-country highway stretching from its border with Russia to Zamyn-Uud on the Chinese frontier, reported Bloomberg on Monday, citing...
Infographic: Women In Business – Breaking Records & Glass Ceilings
The role of women in society – and the economy – has come a long way since the days of the traditional sphere of work (i.e., caregiving, within the...
Emerging Markets’ Euro Holdings At 11-Year Low: Report
Central banks in developing countries sold nearly 45 billion euros in currency holdings last year, reported the Financial Times on Monday, highlighting the damage Europe's sovereign debt crisis has...
China Pledges $16 Billion To Clean Up Beijing Pollution
China will spend more than 100 billion yuan ($16.1 billion) over the next three years to reduce pollution in its capital Beijing, reported the China Daily last Friday, as...
Argentina Makes Final Stand Against “Vulture Funds” As Default Looms
The Argentinean government has submitted its final proposal to settle nearly $1.3 billion in sovereign debt to holdout creditors, offering a fresh bond swap at nearly one-sixth of the...
China Warns Hong Kong Against Electing Anti-Beijing Chief Executive
The Chinese government this week said it would oppose any Hong Kong Chief Executive who “plot to overthrow the rule of the Chinese Communist Party,” even though Beijing earlier...


