Business

Fitch has downgraded one of Asia's major financial hubs after months of violent protests, stating that Hong Kong's rating outlook is currently negative. The global credit rating agency issued its...

As the debt-based monetary system gradually collapses the ideas of central banking and the social contract, an expert tells RT that other forms of money may take over the market...

In an unprecedented move, Indian Prime Minister Narendra Modi announced his country will provide a US$1 billion loan for the development of Russia's Far Eastern territories. The announcement marks the...

The volume of Russian soybeans exported to China will be worth at least $600 million by 2024, according to the Russian Ministry of Agriculture. Soybeans and their processed derivatives were...

Government support for Russia's Far East has resulted in significant growth of the region's industrial production which is three times higher than in the rest of the country. Speaking at...

The Russian Energy Ministry has forecasted major growth in domestic liquefied natural gas (LNG) production to as much as 140 million tons per year, from its current annual output of...

With over two thirds of goods coming from China now subject to increased US import duties, Americans are calling for the tariff war between Beijing and Washington to stop, but...

Russia's largest private carrier S7 Airlines announced on Wednesday that it has raised the required amount of money to plant one million trees in wildfire devastated Siberia. The company launched...

Media group Rossiya Segodnya and Huawei's consumer business group's branch in Russia have signed a strategic cooperation agreement at the Eastern Economic Forum (EEF). The parties agreed to jointly implement...

Trade turnover between Russia and India – which grew by 17 percent last year, reaching $11 billion – has huge potential for further growth, Russian President Vladimir Putin said at...

Russia is open to allowing private oil and gas companies to research and develop the Arctic shelf in order to spare the government the huge expenses needed for the job....

The volume of trade between Russia and Vietnam could grow to $10 billion by 2020, according to Vietnam's Deputy Foreign Minister To Anh Dung. Speaking at the Eastern Economic Forum...

With most US and European oil majors side-lined, the huge South Pars Oil Layer project will most likely go to a Russian or Chinese partner. Last week's announcement from the...

US President Donald Trump has predicted China's full economic downfall by the time the trade war between the two countries is over, urging Beijing to make a deal soon. Think...

The price of the world's most popular digital currency, bitcoin, has climbed above the psychological $10,000 mark overnight. Its total share of the crypto market is now the highest since...

The pound has dropped to its lowest point since 1985, after British Prime Minister Boris Johnson vowed to call another general election in October if parliament hobbles his efforts to...

European natural gas prices reached their lowest level in at least a decade this week, fuelled by a battle for market share between the world's largest producers, Russia and the...

Nearly 2,000 kilometers of the Nord Stream 2 pipeline, a project to deliver natural gas from Russia to the European Union, now extend along the bottom of the Baltic Sea....

France has proposed to extend to Iran a credit line of US$15 billion for oil “pre-purchases” in exchange for full compliance with the nuclear deal. According to conservative lawmaker Ali...

The Chinese Commerce Ministry said on Monday that it has launched a case against the United States with the World Trade Organization (WTO) over US import duties. The move follows...

Widespread acceptance of Facebook's Libra cryptocurrency would pose a threat to monetary policy in the EU, according to one board member of the European Central Bank (ECB), Yves Mersch. He...

Washington is exploring new ways to target Beijing as it runs out of goods to tax in the ongoing trade war, and century-old Chinese bonds could become a weapon, analysts...

The Russian economy will not face serious pressure if oil prices crash to $40 per barrel, Russia's Economic Development Minister Maksim Oreshkin has said. In an interview with TASS news...

The Bank of China (BOC) has said that, by the end of June this year, it had approved more than $140 billion of credit and funded over 600 major projects...

A military neutral Sweden is ramping up its military budget and is forcing banks to foot the country's growing defense bill. After all it has created a good imaginary threat...

This year's MAKS airshow has proven to be an effective sales platform for Russian companies, as they expect to ink multi-billion-dollar deals on exports of military hardware, according to the...

Russia has launched serial production of the world's most-powerful multi-combustion chambered rocket engine, the RD-171MV. It's intended to provide thrust to the planned super heavy-lift rocket Soyuz-5, set to be...

Hurricane Dorian is rapidly approaching the coast of Florida, forcing people to scramble for fuel and stockpile supplies. At the time of this writing, the storm had strengthened to a...

The trade war between the world's two largest economies entered a new phase on Sunday, as US tariffs targeting Chinese-made products and Beijing's retaliatory hikes on American imports both kick...

Exemption from a 10-percent purchase tax gives Tesla hope in the important Chinese market, but RT's Boom Bust investigates whether it's enough to offset Elon Musk's firm's other troubles. On...

Indian companies are going to purchase more Russian liquefied natural gas (LNG), including from new projects in the Arctic region, according to Russian Energy Minister Alexander Novak. “The LNG market...

Budget airlines may fall victim to climate protection in Germany as the Bavarian sister party of Chancellor Angela Merkel's Christian Democrats (CDU) has proposed new punitive tariffs targeting cheap flights...

US President Donald Trump has once again criticized automaker General Motors (GM) for moving production to China. He has renewed calls for reviving the US auto industry. “General Motors, which...

There is no question the US economy is heading toward recession, according to Peter Schiff, chief global strategist at Euro Pacific Capital. He says it was a “huge mistake” for...

Russian mobile operator MTS has teamed up with Chinese tech giant Huawei for a 5G pilot scheme in Moscow and Kronshtadt, where for the first time the super-fast network will...

Heightened global tensions, currency wars, and the course of de-dollarization have been pushing central banks to boost their gold purchases. The trend is likely to continue in the coming years,...

The trade war finally caught up with US crude oil exports to China, but this doesn't mean that US crude flows to East-Asia will dry up all of a sudden....

With US President Donald Trump escalating his trade war on China, the US dollar has become increasingly unstable, while gold is climbing to all time highs in some 70 currencies...

Chinese Huawei's next flagship smartphone will not come with Google's popular apps including Maps, YouTube, and Gmail, which are part of the Android operating system. US search giant Google told...

One of the biggest challenges for human beings in the next two decades will be the lack of more human beings, according to Alibaba Chairman Jack Ma and Tesla CEO...