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G7 to confirm G20 currency stance, Bernanke unlikely to attend

Federal Reserve Chairman Ben Bernanke is unlikely to attend the Group of Seven finance leaders' meeting on the outskirts of London this weekend, a G7 official said.

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China police billions spell profit opportunity

Mannequins in riot gear, armoured cars and drones line a police equipment and "anti-terrorism technology" trade fair in Beijing as vendors seek to profit from China's huge internal security budget.

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Hollande signs bill legalizing gay marriage in France

French President Francois Hollande has signed same-sex marriage into law after the country's Constitutional Council dismissed a legal challenge to stop it. It follows months of political debate and...

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Japan's trade deficit expands 70% in April

Japan's trade deficit expanded a worse-than-expected 70 percent on year to $8.6 billion in April, government data showed Wednesday, as a weaker yen made imports costlier.

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Sony board examines hedge fund spin-off plan

Sony chief Kazuo Hirai said Wednesday the company was examining a hedge fund proposal to sell off part of its entertainment unit in a bid to boost profits in its core business.

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China retaliates despite calls to end trade row with EU

According to French newspaper Les Echo, China has launched a dumping probe against European chemical firms. The move follows EU punitive tariffs on China solar panels in an ongoing trade dispute.

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US says buyers 'critical' for Bangladesh garment safety

Under Secretary for Political Affairs Wendy Sherman visited Bangladesh, the world's second biggest garment maker after China, to urge the government to learn the lessons of a building collapse last...

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China to ban non-French 'champagne' copycats

China has agreed to limit the "champagne" label to only wines produced in the French region bearing that name, with a trade group welcoming the move as a boost for the beverage in a fast-growing market.

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Japan retains status as top creditor nation

Japan kept its position as the world's largest creditor nation for the 22nd straight year in 2012, government data showed Tuesday, as the dollar's gains helped inflate the value of overseas assets.

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OECD: Europe remains threat to world economy

The recession in Europe risks threatening the world's economic recovery, a leading international body warned Wednesday.

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EU faces tough decision on China solar panels

The European Commission faces a difficult choice Wednesday -- stick to its principles and impose anti-dumping duties on Chinese solar panel imports, or bow to German-led pressure and avoid a step many...

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EU slaps levies on Chinese solar panel imports

The European Union announced Tuesday that it is to impose anti-dumping levies on imports of Chinese solar panels, in a move that could trigger a trade war between two of the world's largest economies.

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China opens wine probe after EU imposes solar tariffs

Beijing has begun an anti-dumping probe into European wine, the commerce ministry said Wednesday, after the EU imposed tariffs on solar panel imports from China.

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China inflation slows to 2.1% in May

China's inflation slowed to 2.1 percent in May year-on-year from 2.4 percent in April, official data showed.

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Japan economy heats up in first quarter

Japan's economy expanded faster than previously thought in the first three months of the year, according to fresh data that was likely to boost support for Tokyo's efforts at stoking growth.

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EU ministers seek accord on US free trade talks

EU trade ministers try Friday to reassure France on its prized "cultural exception" so free trade talks can be opened next week with the United States which believes that no issues should be excluded.

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Japan's May trade deficit widens on import costs

Japan extended a string of trade deficits in May, official data showed on Wednesday, as the country's import costs rose on the weak yen, but shipments to the United States and China soared.

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EU, US resume trade talks despite spy scandal

The EU and United States resume talks Monday on the world's largest free-trade accord aiming to make progress despite damaging revelations of US spying on its allies.

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Boeing mulls sites for new plane after union rejection

US aerospace giant Boeing said Thursday it was reviewing site options to build its new 777X airplane after a key union rejected a contract extension at its Seattle base.

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Ukraine makes first gas payment to Russia ahead of Brussels talks

Russia's Energy Ministry has confirmed it received a $786.4 million (576.88 million euros) payment from Ukraine's Naftogaz. The installment is considered essential for both sides ahead of gas price...

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