World economy

Kerry to seek greater access to US companies to do business in India

10 Jan 2015

Sirisena sworn-in as Sri Lanka's new President

09 Jan 2015

Maithripala Sirisena, who scored an unexpected victory over incumbent President Mahinda Rajpaksa, was on Friday sworn-in as the sixth president of Sri Lanka

Obama proposes making community college nearly free for millions

09 Jan 2015

Lanka President Rajapaksa loses to Sirisena after decade in power

09 Jan 2015

Sri Lanka's president Mahinda Rajapaksa today conceded defeat to rival Maithripala Sirisena in the country's election, bringing an end to a decade of leadership increasingly criticized as corrupt and nepotistic

Euro zone under deflation threat as prices fall

08 Jan 2015

Reform of China’s one-child policy has had little effect in boosting birth rates

07 Jan 2015

John Kerry denies giving clean chit to Pak on terror outfits

07 Jan 2015

Oil continues slump as Iraq, Russia output hit new highs

06 Jan 2015

Jordan defers talks on $15-bn gas deal with Israel

06 Jan 2015

US oil futures drop to new lows amid fears of supply glut

05 Jan 2015

In what could be further good news for India's economy, US crude and Brent futures dropped to five-and-a-half-year lows today amidst worries about excess global supply and weak demand

Vote for ‘known devil’, President Rajapakse tells Lankan Tamils

03 Jan 2015

Euro zone manufacturing activity slower than projected in December

02 Jan 2015

North Korean leader Kim Jong Un says he is open to talks with South Korea

01 Jan 2015

Palestinian Authority president Mahmoud Abbas signs Rome Statute to join International Criminal Court

01 Jan 2015

Venezuela in recession as oil prices plunge

01 Jan 2015

Oil revenues account for more than 50 per cent of GDP and over 90 per cent of total exports of Venezuela, which is the fifth largest member of oil the Organisation of Petroleum Exporting Countries

Japan announces tax cuts to bolster public spending

31 Dec 2014

The tax reforms envisage slashing corporate tax by 3.29 per cent to 31.33 per cent over the next two fiscal years and exempting gifts of up to ¥10 million from parents or grandparents to their offspring from taxation, to boost spending

2014: Ebola renders waste most of Sierra Leone and Liberia

31 Dec 2014

In fact, Ebola’s nasty reputation as a contagious disease that can make people bleed from their eyeballs has dented tourism across the entire African continent

NATO ends Afghan war, lowers flag in low-key ceremony

29 Dec 2014

General John Campbell, the American commander who led NATO's International Security Assistance Force, lowered the green and white mission flag, replacing it with one of a training and support mission known as Resolute Support

Drop in oil prices should spur growth in euro zone: German central bank chief

29 Dec 2014

The 45 per cent drop in oil prices in the last six months is estimated to be equivalent to a $1.1 trillion stimulus for the global economy

Japan’s Abe pushes $29 bn fresh stimulus to spur growth

27 Dec 2014

The government expects the stimulus plan to boost Japan’s GDP by 0.7 per cent, but does not explain how that growth would be achieved

Japan, South Korea and US to sign first joint intelligence sharing pact on 29 December

27 Dec 2014

North Korea blames US for internet outages

27 Dec 2014

North Korea’s National Defence Commission accused US President Barack Obama of going reckless like a monkey in a tropical forest by inciting the release of ‘The Interview’, a comedy featuring a fictional plot to kill its leader

Chinese industrial profits down 4.2 per cent in November to 676.12 billion yuan

27 Dec 2014

Ukraine, rebels to swap hundreds of prisoners in push for pax

27 Dec 2014

Russia names NATO as key risk in new military doctrine

26 Dec 2014

Document posted on the Kremlin website names NATO’s attempts to overthrow neighboring governments and the buildup close to the country’s borders as a major threat