The simultaneous downturn in the services and manufacturing industries poses a daunting challenge for authorities seeking to keep a lid on unemployment and prevent social unrest as economic growth slumps to near three-decade lows.
The two sides agreed to reduce tariffs on each other's goods in a move that might help reverse a slowing global economy.
Euro zone GDP data returns better than expected, lifting the euro, as the dollar weakens after interest rate cuts by the Federal reserve.
Stocks are slipping in early trading on Wall Street as traders hold back ahead of an interest rate announcement from the Federal Reserve.
After a career breaking glass ceilings to join a tiny global elite, Christine Lagarde will bring experience of cool-headed crisis fighting to her job as first female head of the European Central Bank.
Move comes as a surprise, as many expected an average drop of 100 basis points in one-week repo rate, according to Anadolu Agency poll.
Global experts assess the progress and prospects of China’s ‘New Silk Road'.
Under the AfCFTA agreement, the African continent aims to narrow down its trade disputes and work in tandem towards achieving continent-wide prosperity.
Police fired tear gas after firebombs were thrown toward one station as tens of thousands of demonstrators marched down a main road with traffic at a standstill in Kowloon district.
The 'Libra', Facebook's digital currency, is widely viewed by the EU as a threat to national sovereignty.
German Finance Minister Olaf Scholz speaking with reporters at the IMF and World Bank fall meetings in Washington, cited growing concern about such “stablecoins” and the potential international risks they posed.
Tariffs come amid an ongoing trade war between the US and China and could risk destabilising the global economy further.
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