World economy

China reports first trade deficit in seven years

11 Apr 2011

China has reported its first quarterly trade deficit in seven years, as it tries to reduce dependence on exports

Obama strikes deal with opposition, averts shutdown

09 Apr 2011

A budget deadlock and a government shutdown would have hit the economy and idled hundreds of thousands of workers.

Nuclear radiation from Japan reaches Pakistan: PAEC

09 Apr 2011

Iceland referendum may reject fresh debt repayment plan

09 Apr 2011

US seeks details from HSBC on illicit accounts stashed in India

09 Apr 2011

Ratings of 19 UK banks may be cut: Moody's

08 Apr 2011

Strong quake hits Japan's northeast, raises tsunami fears

07 Apr 2011

The underwater quake, which hit 66 km off the east of Sendai, a city severely impacted by the 11 March quake and tsunami, jolted the Miyagi prefecture, 118 km north of Fukushima.

Cutting the red tape: UK could scrap up to 21,000 ‘senseless’ regulations

07 Apr 2011

Cameron offers £950-mn aid to fund schools in Pakistan

06 Apr 2011

China hikes interest rates again to quell inflation

05 Apr 2011

US inflation spike not expected to last: Bernanke

05 Apr 2011

Legislative gridlock continues as US legislators battle over budget cuts

05 Apr 2011

Centre of gravity of the urban world shifting to India, China: McKinsey

05 Apr 2011

Over the next fifteen years, the centre of gravity of the urban world will move east as rapid urbanisation in India and China changes the global urban landscape, predicts a new report.

US begins accepting H-1B applications

02 Apr 2011

India calls for increased South-South cooperation in population policy and development

02 Apr 2011

Nasdaq OMX, ICE put in rival bid for NYSE Euronext

02 Apr 2011

Undervalued currency gives China a big trade edge: RBI

02 Apr 2011

China's policy of keeping its currency artificially undervalued against the US dollar gives it an unfair economic advantage and adversely impacts the India-China trade balance, says a RBI research paper

EU files tactical appeal in subsidies case against Boeing

02 Apr 2011

In a tactical move the European Union has filed an appeal against a ruling by the WTO in an aircraft subsidies case involving global aerospace giants Boeing and European firm Airbus.

China’s forex reserves up at record high of $2.8 trillion

01 Apr 2011

Oil prices jump to 30-month high amid Mid-East turmoil

01 Apr 2011

Indian firms saving US jobs not stealing them, Capitol told

01 Apr 2011

A US Congressman kicked off his remarks with a hearty "Jai Hind" at the meeting,  over the unusual fragrance in the Senate building of kababs and samosas.

US hounds German bank in bid to halt Indo-Iranian oil trade

31 Mar 2011

German officials are expressing helplessness in accommodating aggressive US demands to prevent a bank in Germany from being used as a payment conduit by India for Iranian oil.

US hounds German bank in bid to halt Indo-Iranian oil trade

31 Mar 2011

German officials are expressing helplessness in accommodating aggressive US demands to prevent a bank in Germany from being used as a payment conduit by India for Iranian oil.

Obama promotes two Indian-American women

30 Mar 2011

Fukushima tsunami sinks Germany’s Angela Merkel

28 Mar 2011

German chancellor, Angela Merkel, has suffered a humiliating electoral defeat, losing control of a state that has been in her party's hands since 1953, with the results reflecting anger over nuclear policy.