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China Hosts Silk Road Summit in Shadow of N. Korea Missile

China on Sunday touted its new Silk Road as "a project of the century" at a summit highlighting its growing leadership on globalization, but a North Korean missile test competed for attention.

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Thousands Rally in Moscow against Plan to Raze Soviet-Era Flats

Thousands of people protested in central Moscow on Sunday against the city's plan to tear down Soviet-era apartment blocks as part of a controversial urban redevelopment program.

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China Agrees to Open Market to U.S. Beef, Gas

Beijing and Washington announced Friday an agreement giving U.S. beef, natural gas and certain financial services access to China's massive market in a deal highlighting the warm ties nurtured by their presidents.

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Analysts: Germany on Track for Record-Breaking Growth Streak

The German economy expanded sharply in the first three months of 2017, official data showed Friday, putting Europe's powerhouse on track to beat a late-1970s record for its longest-ever recovery.

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IMF Tells Eurozone to Ease Up on Greece over Debt

IMF chief Christine Lagarde on Friday urged eurozone lenders to be "far more specific" in their commitment to debt relief for Greece.

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EU Chops Greece Growth Forecast amid Bailout Row

The EU sharply cut the growth forecast for Greece on Thursday, sparking worries that a long delay in its bailout program was damaging the economy.

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Emirates Airline Posts 82.5% Drop in 2016-17 Profit

Leading Middle East airline Emirates said Thursday its profits had plunged by 82.5 percent in its last fiscal year, blaming fierce competition, currency devaluations and U.S. travel restrictions.

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Saudi Budget Deficit Drops 71% in Q1

Saudi Arabia's budget deficit fell by 71 percent in the first quarter of this year, the finance minister said on Thursday, after the kingdom made sweeping spending cuts.  

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Germany Probes 2,000 Firms over Alleged Malta Tax Dodge

German authorities said Wednesday they had opened a probe into up to 2,000 companies registered in Malta on suspicion of tax fraud, after receiving an anonymous tip.

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Army to Protect Tunisia Resources from Protests, Says President

President Beji Caid Essebsi said Wednesday that the army will protect the output from Tunisia's main resources from being disrupted by protests over social and labor issues.

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