China foreign ministry welcomes Blinken’s visit to China as tensions simmer
BEIJING (Reuters) – China’s foreign ministry on Thursday welcomed U.S. Secretary of State Antony Blinken’s visit to China as tensions rise between the two countries over global trade, regional conflicts and the…
Russia allows 15 companies to remain listed abroad – finance ministry
(Reuters) – Russia has given 15 companies including metals giant Nornickel and liquefied natural gas producer Novatek approval to remain listed on foreign exchanges, the finance ministry said on Wednesday. Russian President…
‘They Want To Stifle Dissent’: DeSantis Declares War Against Biden’s ‘Ministry of Truth’ At DHS
‘They Want To Stifle Dissent’: DeSantis Declares War Against Biden’s ‘Ministry of Truth’ At DHS Laurel Duggan on April 29, 2022 Republican Florida Gov. Ron DeSantis vowed to fight the Biden Administration’s…
Mo Hill’s Information Ministry Offers Fresh Spin on $100k Crony Hire
TOMS RIVER, NJ – Toms River Mayor Maurice Hill’s former campaign manager, Art Gallagher, who heads the Hill administration’s department of information and misinformation today issued a press release to spin the…
Gazprombank account not necessarily breach of sanctions -German Ministry
BERLIN – European energy firms can open special accounts with Gazprombank to pay for Russian gas, a key demand by Moscow, without breaching sanctions if transferring euros or dollars to them fulfils…
Russia’s GDP decline could hit 12.4% this year, economy ministry document shows
(Reuters) -Russia expects the economy to contract by 8.8% in 2022 in its base case scenario, or by 12.4% under a more conservative scenario, an economy ministry document showed on Wednesday, further…
Thai finance ministry cuts 2022 GDP outlook over Ukraine war
By Orathai Sriring and Kitiphong Thaichareon BANGKOK – Thailand’s finance ministry on Wednesday reduced its 2022 economic growth forecast to 3.5% from a previous forecast of 4.0%, due to the impact of…
Oman secures release of 14 foreigners held in Yemen -ministry
(Reuters) – Oman facilitated the release of 14 foreigners who were held in Yemen and transferred them from Houthi-controlled Sanaa to Muscat on Sunday, Oman’s foreign ministry said. The people freed included…
Japan’s finance ministry official denies report Japan, U.S. discussed joint FX intervention
TOKYO – A senior Japanese finance ministry official on Saturday denied a media report that Japan and the United States discussed coordinated currency intervention to stem further yen falls at a bilateral…
Honeywell seeks to invest about $200 million in Egypt -ministry
CAIRO – Honeywell International seeks to invest about $200 million in petrochemicals and the production of green fuels for aircraft in Egypt, the Ministry of Petroleum has quoted Honeywell’s country president for…
China to accelerate VAT credit rebates for small firms – finance ministry
BEIJING – China’s finance ministry and tax regulator on Wednesday said they will accelerate Value Added Tax (VAT) credit rebates for small firms. Medium-sized manufacturing firms are allowed to claim VAT credit…
China commerce ministry says it hopes U.S. will remove tariffs on chinese goods as soon as possible
BEIJING – China’s commerce ministry hopes the United States will remove tariffs on Chinese goods and stop cracking down on Chinese firms as soon as possible, ministry spokersperson Shu Jueting told regular…
Ukraine’s economy could contract 40% in 2022, ministry says
(Reuters) – Ukraine’s economy shrank 16% year-on-year in the first quarter of this year and could contract 40% in 2022 as a result of Russia’s invasion, the economy ministry said in a…
Mexican economy seen growing 3.4% in 2022, says finance ministry
(Reuters) – Mexico’s government forecast economic growth of 3.4% for 2022, far below what the nation’s President was aiming for, a finance ministry document showed on Friday, as Latin America’s second-largest economy…
Turkish ministry to approve request to transfer Khashoggi case to S.Arabia
ISTANBUL -Turkey’s justice minister said on Friday his ministry would approve a request to transfer a trial over the killing of journalist Jamal Khashoggi to Saudi Arabia, as Ankara seeks to mend…
Britain’s finance ministry flags reforms, defends regulators
By Huw Jones and Carolyn Cohn LONDON – Britain’s finance ministry flagged several reforms on Thursday and defended regulators from criticism they are too slow to license firms, saying flawed applicants must…
China to restrict visas of U.S. officials, says foreign ministry
BEIJING – China has decided to restrict the visas for U.S. officials, in response to the U.S. visa restrictions on some China officials, a Chinese foreign ministry spokesman said on Thursday. The…
Russia hits Ukraine’s Lviv with cruise missiles, defence ministry says
LONDON – Russia struck military targets in the western Ukrainian city of Lviv with high-precision cruise missiles, the Russian defence ministry said on Sunday. Russia hit a fuel depot being used by…
German ministry wants to halve dependence on Russian oil by summer -Spiegel
BERLIN – Germany’s economy ministry wants to halve the country’s dependence on Russian oil by the summer and have no Russian hard coal imports by the autumn, Der Spiegel magazine said on…
China hopes U.S. will scrap all tariffs on Chinese products: commerce ministry
BEIJING – China hopes the United States will scrap all tariffs on its goods as soon as possible after the U.S. reinstated 352 product exclusions from China tariffs, the commerce ministry said…
S.Korea’s Yoon says he will move presidential office to defence ministry
By Josh Smith and Minwoo Park SEOUL – South Korean president-elect Yoon Suk-yeol, breaking with decades of tradition, said on Sunday he will move the presidential office from the Blue House to…
Russian finance ministry says it has met coupon payment obligations in full
– Russia’s finance ministry on Friday said it had fully met its obligations on paying coupons on dollar-denominated Eurobonds due in 2023 and 2043, and said payment agent Citibank had received the…
China cuts income tax for some small firms to 20% – finance ministry
BEIJING -China will cut income tax for some small firms to 20% from 25%, the finance ministry said on Friday, as part of steps to ease burdens on small businesses to support…
Ukraine raises $185 million at debt auction for war effort, says finance ministry
LVIV, Ukraine – Ukraine raised 5.4 billion hryvnias ($185 million) on Tuesday at a third auction of local one-year bonds to raise money for its fight against Russian forces, the finance ministry…
Russian finance ministry halts forex, gold purchases for 2022
MOSCOW – Russia’s finance ministry said on Thursday that it was halting purchases of foreign currency and gold for this year as part of a suspension of parts of its fiscal rule…
Ukraine raises $273 million at debt auction for war effort, says finance ministry
LVIV – Ukraine raised 8.1 billion hryvnias ($273 million) on Tuesday at its first bond auction to raise money for its fight against Russia, the finance ministry said in a statement. After…
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