World economy
Google’s Paris HQ raided over tax evasion, money laundering
25 May 2016
Cracking down on ‘transfer pricing’, French authorities say the software giant is suspected of evading taxes by failing to declare the full extent of its activities in the country
Oil falls on stiffer dollar, likely US drawdown
24 May 2016
Failing antibiotics could kill millions, says report
24 May 2016
Antibiotic resistance could cause one death every three seconds all around the world by the year 2050, if suitable preventive measures are not taken immediately, says a new report
On Vietnam visit, Obama scraps arms sales ban
24 May 2016
Trump has slight edge over Clinton in presidential face-off: poll
23 May 2016
An ABC News / Washington Post poll published on Sunday shows Trump with a two-per cent advantage over Clinton with registered voters in a hypothetical general election match-up
Beijing blasts US report on China Sea operations
16 May 2016
US says India ready to be in Nuclear Suppliers Group, China objects
14 May 2016
China is harping on an earlier, but now irrelevant, demand that members of the group should have signed the Nuclear Non-proliferation Treaty (NPT)
G7 to tackle global steel glut at Japan summit
14 May 2016
Oil glut to continue this year, may ease next year: OPEC
14 May 2016
Lower non-OPEC output has been made up by increased output from OPEC countries, including Iran, but falling non-OPEC production should lead to a stronger market next year
Eurozone growth estimate revised down to 0.5%
13 May 2016
Study finds the middle class disappearing in major US cities
12 May 2016
The American middle class has been shrinking due to rising income inequality driven by factors including globalisation, outsourcing of jobs and advances in technology
Rajan calls for rethink on developed world’s monetary expansionism
12 May 2016
RBI governor Raghuram Rajan has called on his counterparts in the developed world to own up responsibility for shaking up the global financial system through their expansionary monetary policies