World economy
France-Germany fail to agree on bail out plan
21 Oct 2011
China divests $36.5 billion of US bonds after S&P's downgrade
20 Oct 2011
China is still the largest foreign owner of US debt, currently holding $1.137 trillion of US Treasury debt.
Citigroup agrees to pay $285 million to settle SEC probe
20 Oct 2011
Wall Street banks have so far paid over $1 billion to the securities regulator for misleading investors on mortgage-backed securities.
Lord Wolfson offers prize for best Eurozone exit strategy
20 Oct 2011
The prize is being offered for an exit plan for debt-laden countries to leave the eurozone to protect the continent's economies
India, China have second-highest prevalence of fraud: survey
19 Oct 2011
India has moved up to shares the second spot with China in a disreputable list of rankings of nations with high prevalence of fraud, says the Global Fraud Report by risk consultancy firm, Kroll.
Moody’s warns of slapping negative outlook on France’s Aaa credit rating
19 Oct 2011
The warning comes as EU leaders plan to shield the region's financial system from an expected Greek debt default.
PM calls for early conclusion of India-Brazil-South Africa trade pact
18 Oct 2011
Such an agreement could make Africa the bridge linking South Asia and Latin America while also helping these economies to withstand the pressures of the global economic slowdown, he said.
China’s economy grew 9.1 % in 1Q '11
18 Oct 2011
Italy's Berlusoni wins confidence vote
15 Oct 2011
Analysts say although Berlusconi may be able to carry on with his slim majority, this could be his last chance, to create agreements on substantial economic reforms