World economy
China manufacturing PMI down lower than expected
01 Jun 2012
US Q1 GDP growth lowered to 1.9 per cent
01 Jun 2012
Japan, China to start direct currency trading from 1 June
30 May 2012
The world’s second and third-largest economies China and Japan have agreed to begin direct yen-yuan trading from 1 June scrapping the US dollar as intermediate currency
Yields shoot up as Italy sells €4.25-bn debt
29 May 2012
Pope’s butler to cooperate in 'Vatileak' probe
29 May 2012
The Vatican has been hit by a scandal invovling leaks of confidential correspondence that reveal murky intrigues and power struggles at the highest levels
PM arrives in Myanmar; energy, security top agenda
28 May 2012
Seeking stronger ties with resource-rich Myanmar, Prime Minister Manmohan Singh will hold talks with Myanmar President Thein Sein and opposition leader and Nobel Peace prize winner Aung San Suu Kyi
Investment in Australia’s resources sector reaches record $260 billion
26 May 2012
Seven new LNG projects account for over $164 billion investment that when completed in 2015-2016, will increase Australia’s LNG export capacity over three-fold to 80 million tonnes per annum
Investment in Australia’s resources sector reaches record $260 billion
26 May 2012
Seven new LNG projects account for over $164 billion investment that when completed in 2015-2016, will increase Australia’s LNG export capacity over three-fold to 80 million tonnes per annum
Secret ECB funds prop Greece’s banks: report
22 May 2012
IAEA nears deal with Iran ahead of `Big-6’ talks
22 May 2012
Amano said the accord would address the demand for access to an Iranian military site where nuclear weapons-relevant tests might have occurred
Focus on Europe as G-8 leaders discuss global economic woes
19 May 2012
There were, however, signs of discord over the euro zone crisis with the UK and France getting US backing for opposing austerity measures proposed by Germany
Oil plunges to below $92 on eurozone woes
19 May 2012
Crude oil stretched its third weekly decline dropping to $91.80 a barrel on Friday due to the deepening euro zone debt crisis and concerns of a slowdown in China, the world’s second-largest economy
Greece warned of bleak future with euro exit
19 May 2012
Japan’s GDP grows 4.1 per cent in Q1
17 May 2012
The Japanese economy registered a higher-than expected annualised growth of 4.1 per cent in the first quarter of 2012, amid mounting concerns of the European debt crisis and the Greek turmoil
Firm action sought against software piracy
17 May 2012
The commercial value of pirated software in the US amounted to nearly $10 billion, exceeding China's illegal software market of $9 billion last year