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In a statement it issued after its meeting ended, the Fed said that while the USA job market is solid, global pressures may “restrain economic activity” and further slow inflation.

“The president will speak directly and forcefully to President Xi during the upcoming visit about cyber issues”, White House press secretary Josh Earnest said Tuesday.

Last night the US Federal Reserve held interest rates at near zero, with comments from chairman Janet Yellen pointing to worries over economic growth, low inflation and global turmoil. She also said that downward pressure on inflation from lower oil prices and the strong dollar...

Germany announced border controls on Sunday that slowed a rush of people over its border, relieving pressure on officials who have struggled to cope with the influx.

The state government in the Indian capital, Delhi, has threatened to penalise hospitals after reports that they turned away dying children suffering from dengue fever. Last April, the AAP government promised to implement the Clinical Establishment Act, which enables the...

“For emerging-market central bankers, the Fed has given them some much-needed breathing room”, Jonathan Lewis, a principal at New York-based Samson Capital Advisors LLC, said.

Following the conclusion of a closely watched meeting, the Federal Reserve is keeping interest rates at record lows, citing a weak global economy, low inflation and instability in financial markets, APA reports quoting Reuters.

The dollar extended its losses against other major currencies on Friday, underscoring investors’ wariness over weakness in the global economy and markets given the Federal Reserve’s decision to keep interest rates unchanged. “Unequivocally, the Fed was on the...

But there too he was denied admission, as both the hospitals said there were no beds available for the young patient.

Croatian Interior Minister Ranko Ostojic said on Tuesday that 277 migrants had so far entered Croatia from Serbia following Hungary’s border closure.

The current draft would allow for further discussion about how and where to relocate refugees ahead of another ministerial meeting scheduled for Oct. 8. A majority of the bloc’s interior ministers already agreed in principle on Monday to the redistribution, but they could...

The CSI 300 Index of the biggest companies traded in Shanghai and Shenzhen rose 4.98 percent or 157.02 points to end at 3,309.25 points.

Hopes of a unanimous deal collapsed in the face of opposition from Hungary, the Czech Republic, Slovakia and Romania at the crisis meeting in Brussels, officials said. Hungary’s Prime Minister Viktor Orban says the crisis is a “German problem”.

Only if he is granted that, a refugee may receive a work license and can later obtain citizenship.This is why Hungary is overwhelmed with handling the refugee crisis at the moment – the mostly Syrian people come from the East and try to cross Hungary in order to make their...

With the border mostly sealed, though, thousands of migrants were stuck in Serbia, but others were seeking new paths on their way to Western Europe, some choosing to take the longer route through Croatia. Reuters reporters did not see any armed migrants, but television pictures...