Ukraine's Astarta-Kiev mulls acquisitions
News from Emerging Markets
The Economic Development Ministry has ramped up its inflation forecasts and halved its 2015 economic growth forecast, adding to signs that tit-for-tat sanctions over Ukraine are seriously harming its economy.
The Ukrainian currency slid to a new record low on Tuesday as tensions soared between Kiev and Moscow over the four-month conflict in the east.
Korea's finance minister on Tuesday called on lawmakers to break the prolonged parliamentary deadlock and "swiftly" pass major economy-related bills to help the government jump-start slowing economic growth.
Indonesian president-elect Joko Widodo has invited Malaysian businessmen to invest in manufacturing, tourism and infrastructure which have been identified as three core areas of growth under his leadership.
ASEAN and China agreed to negotiate on upgrading the ASEAN-China Free Trade Area (ACFTA) Tuesday to ensure that the ACFTA remained dynamic and commercially relevant, said a joint statement of the 13th AEM-MOFCOM Consultations.
Argentina may not be eligible for US$4.71bn in Chinese funding for the Néstor Kirchner-Jorge Cepernic hydroelectric project in Santa Cruz province due to the ongoing impasse with holdout creditors in the US, according to local paper La Nación.
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