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China, Switzerland to announce offshore yuan trading center in Zurich

China, Switzerland to announce offshore yuan trading center in Zurich

The two nations will sign a financial deal on Wednesday in the presence of Chinese Premier Li Keqiang.

China economy expands 7.4% in 2014, weakest in 24 years

China economy expands 7.4% in 2014, weakest in 24 years

IMF has sharply cut its 2015-2016 world growth forecast owing to weak prospects in Japan, the Eurozone, China and Russia.

More countries join fight against Boko Haram

More countries join fight against Boko Haram

Cameroon President Paul Biya appealed to African allies to join the fight against Boko Haram.

China remains largest foreign holder of US bonds: Treasury

China remains largest foreign holder of US bonds: Treasury

China, however, remains the largest foreign holder of US bonds, ahead of Japan.

Fighting escalates in eastern Ukraine

Fighting escalates in eastern Ukraine

The battle for control of Donetsk airport in the east threatens to unravel efforts to de-escalate the year-long crisis.

Need to rationalise subsidies: Indian Finance Minister

Need to rationalise subsidies: Indian Finance Minister

India budgeted 634 billion rupees ($10 billion) this fiscal year for petroleum subsidies.

US-Cuba detente: Time for Americans to wake up from Cold War

US-Cuba detente: Time for Americans to wake up from Cold War

The thaw in US-Cuba ties must not signal the beginning of a race for geopolitical clout, writes a Chinese commentator.

China, Russia optimistic about Iran P5+1 nuclear talks

China, Russia optimistic about Iran P5+1 nuclear talks

China’s envoy to the talks on Sunday said consensus was broadened among the stakeholders.

Bangladesh violence: Govt rules out army deployment

Bangladesh violence: Govt rules out army deployment

The fresh wave of violence has so far left 24 people dead and several hundreds injured.

BRICS Finance Ministers to meet at WEF summit in Davos

BRICS Finance Ministers to meet at WEF summit in Davos

More than 2500 politicians, business leaders and academics will gather to discuss the state of global economy at Davos.