Author : EW News Desk Team

While the cost of living in China is relatively low when compared with advanced economies like Hong Kong or London, the truth is Chinese consumers often pay a hefty...

China has banned the broadcast of advertisements for luxury items on its state radio and television stations as part of a campaign against corruption and extravagance. The timing coincides...

Argentina's foreign minister Hector Timerman on Wednesday said that his country would take legal action against oil companies exploring off the disputed Falkland Islands, ending a three-day visit to...

The Japanese government is propping up the nation’s whaling industry with millions of dollars a year in taxpayers’ money, revealed research by the International Fund for Animal Welfare (IFAW)...

French President Francois Hollande on Tuesday told the European Parliament that can there be no “a la carte” attitude towards EU membership and policymaking, warning in a thinly veiled...

The nonpartisan Congressional Budget Office said it projects the federal deficit will total $845 billion this year, a modest improvement compared to last year’s $1.1 trillion. However, the CBO...

Bank of Japan Governor Masaaki Shirakawa will step down on March 19, almost three weeks ahead of schedule, reported Reuters on Tuesday, accelerating Prime Minister Shinzo Abe’s push for...

China’s ruling State Council on Tuesday released sweeping policy reforms towards its income distribution mechanisms, reported Xinhua, in the hopes of narrowing the nation’s widening wealth gap, amid growing...

China’s central bank pumped a record 450 billion yuan ($72 billion) into money markets on Tuesday after the benchmark borrowing rate climbed to a three-week high as the demand...

UK Chancellor George Osborne said on Monday that taxpayers will not have to pay for the mistakes and failures of the financial industry, as he pledged to split up...