Jordan, who is due to step down at the end of September, defended his record steering the central bank through a raft of crises over the past 12 years.The executive has come under fire for being infle ...

A 3.6% year-on-year rise in profits last month followed a 0.7% gain in May, while first-half earnings were up 3.5%, accelerating from a 3.4% increase in the January-May period, National Bureau of Stat ...

The rise followed a 3.4% rise for January-May, according to the National Bureau of Statistics (NBS).The data covers firms with annual revenues of at least 20 million yuan ($2.75 million) from their ma ...

NEW YORK (Reuters) - Six banks including Bank of America and Citigroup agreed to pay $80 million to settle antitrust litigation in New York accusing them of conspiring to rig prices of European govern ...

RIO DE JANEIRO (Reuters) -G20 financial leaders said on Friday the global economy was likely heading for a "soft landing", but warned wars and escalating conflicts could endanger this outlook, while m ...

RIO DE JANEIRO (Reuters) - The first-ever joint declaration by G20 finance leaders vowing to cooperate on effectively taxing the world's largest fortunes on Friday papered over deeper disagreement abo ...

RIO DE JANEIRO (Reuters) - U.S. Treasury Secretary Janet Yellen said on Friday that emerging markets, including some G20 countries, share her concerns about China's excess industrial capacity and shou ...

RIO DE JANEIRO (Reuters) -U.S. Treasury Secretary Janet Yellen said on Friday that she opposes shifting global tax deal negotiations away from the Organisation for Economic Cooperation and Development ...

BEIJING (Reuters) - China's National Financing Guarantee Fund will share more risks with small and medium sized technology enterprises, the finance ministry said on Friday, in a bid to leverage financ ...

LONDON (Reuters) -European stocks and U.S. futures rebounded on Friday as markets stabilised after a week in which global equities have tumbled almost 2%.Meanwhile, the dollar regained some ground aga ...