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Now EU debate finally on growth: Italian economy minister


Italian Economy Minister Carlo Padoan said the Italian presidency had immediately put growth and employment at the center of the debate and now the EU debate is finally on growth.

Decline in oil prices slowing down Nigerian economy: expert


​Owing to the fall in global oil prices, Nigeria, Africa's largest economy, has begun to slow down, causing a review and austerity measure regime to be envisaged by government, an expert said in an exclusive interview with Xinhua, as the West African country fights hard against recession.

Five-year-low CPI heralds more easing, price reform


China's consumer prices grew by their slowest pace in five years in November, which may result in more easing measures by the policymakers, official data showed on Wednesday.

EBA draft standard for ratings mapping to discourage competitiveness: experts


​For the smaller credit rating agencies (CRAs) based in Europe, a draft technical standard outlined by the European Banking Authority (EBA) for the mapping of ratings would mean exclusion from entering into the covered bond market, CRAs have denounced.

Researchers call on Africa to tackle youth unemployment


​African economic researchers have called on African governments to tackle unemployment among the youth who they said are more exposed to conflicts and illegal activities in the continent.

Drama element exists to verbal challenges between Italy, EU over budget: experts


​The recent feud between Italy and newly installed leadership of the European Commission over Italy's 2015 budget proposal has at least a little political theater in it, experts say.

British inflation rises slightly, downward trend unchanged


British inflation edged up higher in October, as transport prices fell less than expected and the cost of toys rose prior to Christmas.

Milan stock exchange takes creative steps to improve investment environment


​Borsa Italiana (Milan stock exchange) has developed a series of creative initiatives to improve investment environment in Italy, the primary markets continental Europe head at the London Stock Exchange Group, Luca Peyrano, said here on Wednesday.

U.S. oil solution firms eager to tap Chinese market: executive


U.S. companies dedicated to oil and gas communications solutions are eager to expand into the fast-growing Chinese oil industry, a company executive told Xinhua Thursday at the sidelines of a conference program in Houston.

Greater economic integration expected at APEC meeting: expert


The upcoming Asia-Pacific Economic Cooperation (APEC) meeting in Beijing is expected to produce tangible outcomes and achieve greater regional economic integration, says a U.S. expert on Asia affairs.