World economy

UK survey indicates ease in manufacturing decline

02 Apr 2009

Japan’s Tankan index of business sentiments at 35-year low

01 Apr 2009

Chicago Sun-Times files for bankruptcy protection

01 Apr 2009

OECD expects GDP to shrink 4.3 per cent; jobless at 10 per cent

31 Mar 2009

G-20 draft focuses on free trade, protectionism

31 Mar 2009

BRICs to demand a bigger say at G20 meet

31 Mar 2009

As the wealthy western economies reel under recession,   fast-developing  Brazil, Russia, India and China are demanding a bigger say in the affairs of G20

G-20 draft backs economic stimulus; India to fight protectionism

30 Mar 2009

A draft proposal by the Group of Twenty nations wants countries to refrain from currency moves that hurt each other's economies even as India seeks action against protectionism.

Detroit newspapers offer free online editions, cut down home delivery to three days a week

30 Mar 2009

UK wants G-20 to pledge $2 trillion stimulus package

28 Mar 2009

UN Panel wants G-20 to discuss new global reserve currency

28 Mar 2009

A United Nations panel has called for deep reforms of global financial system and redesigning of the economic stimulus plans – both immediate and long term – and a the framing of a new set of regulations.

Top US meat producer Tyson Foods to close Oklahoma plant, fire 580 employees

28 Mar 2009

Britain's GDP shrank 1.6 per cent to a 28-year low in Q4 2008

27 Mar 2009

Protectionism will ‘strangle’ recovery, warns WTO

27 Mar 2009

US beverage major Dr Pepper Snapple Group declares Q4 loss; shares rise on positive forecast

27 Mar 2009

US food conglomerate ConAgra beats analysts expectations

27 Mar 2009

France looking to ban bonuses at bailout banks

26 Mar 2009

China secretly funding Kevin Rudd’s economic rescue plan

26 Mar 2009

Last Saturday Australian PM Kevin Rudd had a secret meeting with the fifth-most powerful member of China's nine-person ruling politburo standing committee

IBM slashing 4,000 US jobs, may outsource many of them to India

26 Mar 2009

US home sales rebound in February

26 Mar 2009

Agilent Technologies to lay off 2,700 employees

26 Mar 2009

Downturn bottoming out, says Australian banker

26 Mar 2009

House Democrats urge $100-billion cut in Obama's budget

26 Mar 2009

US president Barack Obama faces opposition from his own party as he pushes for approval of a $3.6-trillion budget for the fiscal 2010.

American footwear retailer DSW posts wider-than-expected Q4 loss

25 Mar 2009

US pharmaceutical company Hospira to cut 10 per cent of workforce

25 Mar 2009

IMF eases lending rules, creates new line of credit

25 Mar 2009

The International Monetary Fund today overhauled its lending framework by easing credit conditionalities and also announced the creation of a new flexible line of credit.