World economy
Markets retreat on global economic fears
14 Aug 2010
With fear gripping financial markets that global growth may be crimping, investors have dumped stocks and sought shelter in safe haven territory of the dollar, the yen and US Treasuries.
Discouraged UK youth abandon seeking jobs: ILO study
12 Aug 2010
Discouraged young people who havew abndoned job searches now are generally highly educated as compared to the pre-recession period when mostly low-skilled workers could not find work
US Fed moves to shore up faltering economy
11 Aug 2010
In another attempt to shore up a faltering economy the US Federal Reserve has decided to buy more government debt ensuring that money is not drained out of the financial system.
Exports bail major economies out of trouble
10 Aug 2010
Major economies, such as those of Britain, Germany, China and Taiwan, have all reported an impressive jump in exports, which are helping them kick-start growth after a bruising recession
Germany rides the export boom
10 Aug 2010
The euro zone economies may have just received their best news in months with Germany reporting the highest level of exports since October 2008, when a global recession kicked in.
China tells 2,000 companies to end over-production by September end
09 Aug 2010
China’s drive to make its economic growth more orderly, now includes plans to shut outdated manufacturing capacity in more than 2,000 companies in 18 industries including cement, coking, iron, paper and dyeing by the end of September.
China makes record purchases of Japanese debt
09 Aug 2010
China was a net buyer of Japanese bonds for a sixth straight month in June which is the biggest annual increase on record dating from 2005.
Brazilian steel maker Gerdau hikes 2010-14 capex plan to $6.3 billion
09 Aug 2010
The company is one of the major suppliers of speciality long steel in the world and reported a turnover of $15.2 billion in 2009
Mukesh Ambani, Subrata Roy bid for Liverpool FC
06 Aug 2010
The battle for control of the legendary Anfield-based Liverpool Football Club has apparently intensified with Indian billionaires Mukesh Ambani and Subrata Roy jumping into the fray.
I came. I saw.
06 Aug 2010
One of the huge challenges facing the Greek authorities is the size of the shadow economy. By some studies up to 30 per cent of business is done off the books avoiding regulation and taxes. By Richard Quest, CNN anchor/ correspondent
Yen hits an 8-month high of 85.32 against dollar
04 Aug 2010
The rising yen battered export-related stocks on worries that a strong yen could undermine Japan's exports, pushing Japan's Nikkei stock index down 2.1 per cent.
UK delegation makes impressive last stand in Delhi
30 Jul 2010
Even as he made an impressive pitch for investing in the UK, visiting prime minister, David Cameron, also asked Delhi not to succumb to forces of economic nationalism that threaten to damage the world trading system.
Global shipping to rebound in 2010-11 as economy recovers
30 Jul 2010
World trade by all modes of transportation will register growth in 2010 and 2011 as international trade volumes continue to increase in step with global economic recovery, suggests a report.
Stressful time all round
27 Jul 2010
"Are Europe’s banks really okay? I think I know the answer to that - yes, they are strong and getting stronger - but the truth is, even after all the song and dance over the stress tests, who knows?" By CNN anchor / correspondent Richard Quest, in his exclusive column on domain-b
LatAm trade missing the Indian market: study
27 Jul 2010
EU, Canada hammer Iran with fresh sanctions
27 Jul 2010
The decision provides a comprehensive package of sanctions in the areas of trade, financial services, energy, transport as well as additional designations for visa ban and asset freeze
Chinese banks may write off nearly $253-bn in bad loans
27 Jul 2010
During the onset of the global recession Chinese banks went on an unprecedented lending spree despite warnings from top economists that many of these loans may go bad
Europe's banking sector clears stress tests
24 Jul 2010
All the biggest European banks passed the CEBS stress test with seven small, unlisted government-controlled banks failing in results that were broadly as anticipated by experts.
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