China's capital outflows tripling in November

The capital outflows from the world's second-largest economy registered record level in November. The capital outflow grew almost three times in November from October.

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China's preliminary fourth quarter current account surplus $61.1 billion

China posted a current account surplus of $61.1 billion and a$91.2 billion deficit on its capital and financial account in the fourth quarter of 2014, preliminary data from the country's foreign exchange regulator showed on Tuesday.

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China offers fresh support for outbound investment

China will simplify currency rules and step up credit support for firms investing overseas, the cabinet said on Wednesday. It was the government's latest move to encourage use of excess factory capacity at home and help local firms grow globally.

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Brazil's Levy says lower debt will open room for social spending

Brazil's efforts to bring down its debt will translate into renewed investor confidence and additional room to continue poverty-reduction policies for the years to come, incoming Finance Minister Joaquim Levy said on Saturday.

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Low food inflation tightens squeeze on Europe's grocers

Subdued food price inflation in Europe is unlikely to pick up any time soon, adding to the pressure on mainstream grocers as they struggle with changing shopping habits and competition from discounters.

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South Korea exports rise 2.5 percent in October, trade surplus at record

South Korean exports rose slightly faster than expected in October but imports saw their sharpest drop in 13 months, dragged down by softer demand for raw materials and capital goods, data showed on Saturday.

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Greece sees 2015 budget surplus close to bailout target: report

Greece will aim to achieve a primary budget surplus of 2.9 percent of output next year, just shy of the 3 percent target set out under its bailout deal, its deputy finance minister said in an interview published Saturday.

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Berkshire forms unit for excess and surplus market insurance

Berkshire Hathaway announces the formation of a new firm specifically for the excess and surplus market.

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