World economy
US economy shoots up as GDP grows 5.7 per cent in Q4
30 Jan 2010
The US economy, which last year faced its biggest annual decline since 1946, registered its strongest growth since 2003 in the final months of 2009
S&P downgrades UK’s banks; blames government
30 Jan 2010
The ratings agency warns that the high debts of the British government and consumers are likely to lead to banks accumulating losses.
Bernanke: Like the economy, wheezing through...
29 Jan 2010
Like the sputtering economy, Ben Bernanake’s nomination for a second term at the Federal Reserve has wheezed through a US Senate vote.
Shift of power to Asia figures on Day 2 at Davos
By CNN's London correspondent Richard Quest reports f | 29 Jan 2010
IT stocks dip on Obama’s outsourcing talk
29 Jan 2010
Japan’s exports rise first time in 15 months on Asian demand
28 Jan 2010
The resurgence in trade comes on rising demand from Asia which has seen shipments from Japan advance 31.2 per cent from a year earlier, the fastest since February 2000
Sarkozy calls for a “new Bretton Woods”
28 Jan 2010
IMF revises 2010 global forecast to 3.9 per cent
27 Jan 2010
Global steel production fell 8 per cent in 2009
27 Jan 2010
UK economy moves to positive territory in Q4
27 Jan 2010
After the deepest recession in decades, the UK economy returned to growth in the fourth quarter of 2009, but at a far weaker rate than expected.
Singapore forecasts $10-$12 billion investments in 2010
27 Jan 2010
Singapore has been able to attract global companies from the US and Europe as a prime location to ride on Asia’s growth, while Asian businesses see it as a springboard for their global ambitions.
Oman plans to spend $6 billion in power sector
25 Jan 2010
The oil-rich gulf Sultanate of Oman intends to spend over $6 billion by 2016 to augment power generation capacity by building a new power plant and increasing the capacity of two existing plans.
US Supreme Court rejects corporate spending limit in campaigns
23 Jan 2010
The US Supreme Court has overturned laws that had for decades insulated political campaign from corporate money power
Global economy to grow at 2.7 per cent this year, predicts World Bank
22 Jan 2010
Much depends on the management and timing of withdrawals of large stimulus programmes and adjustments to monetary policy implemented by most economies.