Italy’s economy will begin to recover in the first months of 2015, national statistics institute Istat estimated on Friday.
The Bank of Russia — Russia’s central bank — on Friday made a decision to cut the interest rate down from 17 to 15 percent, said an online statement released by the financial regulator.
Gold futures on the COMEX division of the New York Mercantile Exchange bounced back on Friday after a report showed weaker-than-expected U.S. economic growth.
The U.S. real gross domestic product (GDP) increased at an annual rate of 2.6 percent in the fourth quarter of 2014, below market expectation, the U.S. Commerce Department said Friday.
Lock-up shares worth some 48 billion yuan (about 7.82 billion U.S. dollars) will become eligible for trade on China’s stock market in the coming week.
Brazil registered a current account deficit of 90.95 billion U.S. dollars in 2014, accounting for 4.17 percent of the country’s GDP, Brazil’s Central Bank announced Friday.
China Ocean Shipping (Group) Company (COSCO) returned to profit in 2014 after registering three years of losses, its chairman Ma Zehua has disclosed.
China FAW-Volkswagen Automotive Co. Ltd. is to recall 35,186 Audi cars in China to fix a problem in the fuel injection system.
China is ready to launch a deposit insurance scheme, a central bank official said Friday.
The European Central Bank decided on Thursday to keep interest rates unchanged at historically low level and was expected to announce a quantitative easing program later.