• Kerry slams Iran over reports US journalist charged

    Kerry slams Iran over reports US journalist charged

    US Secretary of State John Kerry said Sunday he was "deeply disappointed" by reports that a US journalist jailed in Iran had been charged and denied bail more than four months after his arrest.
  • China 2015 GDP target in focus as stimulus expectations heat up

    China 2015 GDP target in focus as stimulus expectations heat up

    China is poised to cut its growth target for the first time in three years and ramp up stimulus as the economy comes under increasing downward pressure, analysts say ahead of a key policymakers' conference expected this week.
  • German conservatives to fete Merkel at party congress

    German conservatives to fete Merkel at party congress

    German Chancellor Angela Merkel will rally the conservative faithful this week at their party congress, which is all but certain to jubilantly re-elect her as their unchallenged party chief.
  • Iran unveils budget based on lower oil price

    Iran unveils budget based on lower oil price

    Iran unveiled a draft budget Sunday for next year based on oil prices remaining around $70 per barrel, with President Hassan Rouhani saying the country would become less dependent on crude.
  • Rise of IS and fall in oil prices cast shadow over GCC summit

    Rise of IS and fall in oil prices cast shadow over GCC summit

    The Gulf Cooperation Council meets Tuesday for an annual summit freshly reconciled but facing a growing threat from Islamic extremism and falling prices of its main source of revenue -- oil.
  • Oil prices extend gains in Asia

    Oil prices extend gains in Asia

    Oil prices rose in Asia Monday, lifted by a surge in equities following last week's sharp gains on Wall Street, but analysts said prices remain weighed by weak demand in an oversupplied market.