CNBC World News

Europe and the U.S. seem incapable of putting an end to Germany's excessive trade surpluses that are stifling economic growth, Michael Ivanovitch writes.

China's central bank cut the interest rate on its medium term loans on Monday as policymakers try to reduce the economic shock from a coronavirus outbreak that is severely disrupting business activity.

Singapore's gross domestic product in 2020 could register a change of between -0.5% and 1.5%, said the country's Ministry of Trade and Industry.

"That was an act of terror," he said of the Jan. 2 strike that killed Gen. Qasem Soleimani, a key military figure of Iranian and Middle East politics.

Singapore's finance minister, Heng Swee Keat, is scheduled to deliver his annual budget speech on Tuesday.

China's National Health Commission reported that there were 2,009 new confirmed cases of the coronavirus and 142 additional deaths as of Feb. 15.

China's Foreign Minister Wang Yi said Saturday that U.S. criticisms of Beijing were "lies" and blamed Washington for the tumultuous relationship.

"We have a fundamental responsibility as companies and as a technology sector to help protect our candidates from attacks and hacking," Brad Smith explained at the annual Munich Security Conference.

An American cruise ship passenger tested positive for a second time after hundreds of passengers had already left the MS Westerdam.

"Securing peace and stability in the sensitive region of Middle East and in the Persian Gulf is impossible without Iran's help," Rouhani said Sunday.

It is imperative that those who breach the embargo are held to account, a senior U.N. official said on Sunday.

The 83-year-old woman was the first passenger from the MS Westerdam, operated by Carnival Corp unit Holland America, to test positive for the virus.

Chinese officials on Saturday reported 2,641 new coronavirus cases and 143 additional deaths in the last 24 hours.

The Trump administration may stop exporting jet engines manufactured partly by General Electric to China for the country's airliner, for fears that the Chinese could mimic the production techniques, the Wall Street Journal reported.

U.S. mistrust of China goes as far back as the 1950s, when national authorities set unrealistic production quotas that led local officials to inflate data.

The U.S. economy offers more stable growth and American securities promise more secure cash flows and yield that the rest of the globe.

NATO Secretary General Jens Stoltenberg told CNBC that if the U.S. was concerned about the rise of China then it was "even more important to maintain NATO to keep your friends and allies close."

The tentative truce agreement between the U.S. and the Taliban, reached Friday, represents a breakthrough after more than 18 years of war.

China's National Health Commission reported an additional 143 deaths nationwide, as well as 2,641 new confirmed cases as of Feb. 14.

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