World economy
Indian, Chinese firms neck-and-neck in Forbes’ Fab 50 list
16 Sep 2010
China and India have tied for top place with 32 companies, or over 60 per cent of the firms on Forbes Asia's Fabulous 50 List, an annual compilation of the best and most profitable 50 big public companies in the region.
Japan larger buyer of US Treasuries than China
15 Sep 2010
Japan intervenes to check yen appreciation
15 Sep 2010
Japan stepped into the currency markets for the first time in almost six years to sell the yen and buy dollars in a bid to check the soaring value of the yen which was badly hurting the economy.
Indian IT a big job creator in US: Sharma
15 Sep 2010
China tells foreign companies to stop whining
14 Sep 2010
In the face of persistent claims by foreign companies and their governments that the pitch is queered for their businesses, China has brusquely responded by asking them to stop whining.
For Japan’s PM, time to confront issues
14 Sep 2010
Having defeated party challenger Ichiro Ozawa, Japanese prime minister Naoto Kan now faces the sticky task of tackling a long list of woes afflicting his country.
Naoto Kan retains Japan’s premiership, defeats Ozawa
14 Sep 2010
In a political face-off Japan's prime minister, Naoto Kan, warded off a challenge from party colleague, Ichiro Ozawa, to retain his position as prime minister of the country.
Yuan at record high as US Congress set to review policy
13 Sep 2010
Adept at dodging impending action against them China allowed its currency to rise to a record high against the dollar with the US Congress all set to discuss Beijing’s currency policy on 15-16 September.
UK unions to fuel autumn of discontent
13 Sep 2010
The UK’s trade unions are likely to announce an all-out assault on the government's spending cuts programme at their annual meet, which begins in Manchester today.
Global regulators tighten banking rules to avert 2008-type financial collapse
13 Sep 2010
Under the agreements reached yesterday, the minimum requirement for common equity, the highest form of loss absorbing capital, will be raised from the current 2 per cent to 4.5 per cent after the application of stricter adjustments
Japan unveils new $10.9-bn stimulus package
13 Sep 2010
Continuous advancements in the currency against the US dollar has adversely affected the business sentiments of the export-dependent global economic giant, which was pushed to a third place by China in the second quarter of 2010
Japan, India strike broad agreement on free trade
11 Sep 2010
Japan and India have struck a broad agreement on an economic partnership agreement that will see drastic reduction in tariffs between the two nations over a decade.
Rudd is new Australian foreign minister
11 Sep 2010
Australian PM Julia Gillard announced her new ministry bringing Kevin Rudd back into her government as the new foreign affairs minister.
World oil demand to rise to 86.6 mbpd in 2011: OPEC
11 Sep 2010
More than 90-per cent of growth is attributed to non-OECD countries, mainly China, India, the Middle East, and Latin America in all the quarters, with more strength in the second half of the year.
India slips two positions to 51st in global competitiveness ranking
09 Sep 2010
The World Economic Forum’s annual review of the competitiveness of countries places India at the 51st rank, down two positions from last year.
UK manufacturing records healthy growth in July
09 Sep 2010
French pension reforms invites union wrath
07 Sep 2010
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