World economy

Boehner withdraws plan to avoid fiscal cliff

21 Dec 2012

Export American natural gas? Not so fast, says Stanford economist

By By Max McClure | 20 Dec 2012

Stanford economics Professor Frank Wolak warns of betting against the international spread of shale gas technologies by attempting to export domestic natural gas.

India, Asean clinch FTA deal on services and investments

20 Dec 2012

India and Asean also will intensify engagement for maritime security and safety, for freedom of navigation and for peaceful settlement of maritime disputes in accordance with international law

Euro zone crisis wiped off $2 trillion of global revenues: report

19 Dec 2012

Fiscal cliff could cost US its triple-A rating: Fitch

19 Dec 2012

EU, US leading global economy to renewed recession: study

19 Dec 2012

Global growth to remain sluggish next year: UN report

19 Dec 2012

The UN has attributed the decelerating global trade growth to "a declining import demand" in Europe and "anaemic aggregate demand" in the US and Japan

Ritz hotel paid no corporation tax in 17 years: BBC

18 Dec 2012

Probe sought into ‘tax evasion’ by Prince Charles' estate

18 Dec 2012

The UK anti-monarchy group, Republic, has asked the British tax authorities to investigate the Duchy of Cornwall, the £728-million hereditary estate of Prince Charles, for tax evasion

China to focus on quality, efficient growth in 2013

17 Dec 2012

LDP storms to power in Japan

17 Dec 2012

The magnitude of the Liberal Democratic Party’s win in Japan’s election yesterday clears the decks for the  fiscal stimulus in early 2013 with incoming premier Shinzo Abe expected to take urgent steps to halt the economy’s contraction

US mulls gun control as youth shoots down 26 at school

15 Dec 2012

US to normalise trade ties with Russia, retain right “to name and shame” over rights violations

15 Dec 2012

Breakthrough deal with Iran likely in Jan: IAEA

14 Dec 2012

US, UK other countries refuse to sign UN communications treaty

14 Dec 2012

US wants more Pakistani efforts to curb fertilliser production for IEDs

14 Dec 2012

S&P threatens to downgrade UK's credit rating, as it cuts outlook to negative

14 Dec 2012

The UK’s rock solid sovereign credit rating took another blow today with Standard & Poor’s becoming the third major agency to downgrade the outlook to “negative”.

UK to approve banking union in Europe

13 Dec 2012

Migration pushing up rapid urbanisation

12 Dec 2012

European Commission’s new salary pension scheme draws ire

12 Dec 2012

Pensioners in UK working well into retirement

12 Dec 2012

China’s exports projected to grow 8 per cent in 2013

12 Dec 2012

US Treasury to make $22.7-bn profit from AIG stake sale

12 Dec 2012

UK gears up for battle to save London’s status as financial centre

12 Dec 2012

Japan falls into recession

11 Dec 2012

Japan, the world’s third-largest economy, has sunk back into recession, after reporting growth for three consecutive quarters up to March 2012