World economy
HSBC Flash China PMI at two-year high
24 Jan 2013
Apple posts $54.5 billion revenue for Q1 2013
24 Jan 2013
Apple yesterday posted a revenue of $54.5 billion and a net profit of $13.1 billion for the 2013 first quarter, which ended on 29 December 2012
Japan’s trade deficit hits record $78 bn in 2012
24 Jan 2013
Japan’s trade deficit in 2012 reached a record ¥6.93 trillion ($78.3 billion), as exports fell for the seventh straight month in December while fuel imports surged due to a virtual shut down of its nucklear power plants
Cameron dangles EU exit option before Britons
23 Jan 2013
Sterling fell to a five-month low against the dollar as Cameron was speaking and Britain's European partners flayed Cameron's demand for radical reform of the EU and promise of the exit option
BoJ doubles inflation target to pump-prime economy
22 Jan 2013
The central bank will double its inflation target to 2 per cent and switch to an open-ended commitment to asset purchases in order to stimulate the Japanese economy
Russian arms sales reach $15 billion in 2012
22 Jan 2013
Russia sold $15 billion worth of defence equipment in 2012, maintaining its position as the world’s second-largest arms exporter after the US, Ria Novosti reported yesterday
140 nations sign UN treaty to curb mercury pollution
21 Jan 2013
Small-scale gold mining, coal-fired power plants, steel and cement industries are the main contributors of mercury emission, which can cause brain and neurological disorder, damages to kidneys and the digestive system, memory loss, language impairment
Pakistan’s growth to be lowest in region
18 Jan 2013
China’s economy grew 7.9 per cent in fourth quarter
18 Jan 2013
China's economy registered a 7.9-per cent growth in the fourth quarter of last year from a year earlier, rebounding after seven straight quarters of slowdown
Pak’s anti-graft watchdog comes to PM’s rescue
17 Jan 2013
The head of Pakistan’s anti-corruption wing has defied a Supreme Court order to arrest Raja Pervez Ashraf, citing lack of evidence against the prime minister
Germany to retrieve $36 bn of gold from US, French central banks
17 Jan 2013
Germany has the second-largest gold reserves in the world after the US with nearly 3,400 tonnes at the end of 2012, valued at approximately $184 billion at current market prices