World economy
Iraq violence sends oil prices towards $112 a barrel
13 Jun 2014
Brent crude oil rose up towards $112 a barrel on Thursday on fears of the volatile situation in Iraq leading to disruption of oil supplies
European Commission raises pressure on Ireland, the Netherelands, Luxembourg over tax practices
12 Jun 2014
Russia makes gas price overtures to Ukraine in peace bid
12 Jun 2014
The bruising gas dispute between russia and Ukraine comes amid continuing fighting in eastern Ukraine, where government forces have battled pro-Russian rebels for two months
World’s top 1% investors rapidly getting richer: Boston Group study
11 Jun 2014
The world’s richest 1 per cent had one of their finest years in 2013, propelled by robust equities performance in developed economies and healthy GDP growth in emerging markets
Modi urges greater India-China cooperation
10 Jun 2014
Modi, who won the election on a promise of economic revival and jobs, wants to push infrastructure and skill development - a model followed by China to boost economic growth
Cyber crimes cost global economy $445 bn each year: report
10 Jun 2014
Cyber crimes cost the global economy $445 billion every year, with the damage from theft of intellectual property exceeding the $160 billion loss to individuals from hacking
China exports up on global demand in May
10 Jun 2014
ECB takes steps to avoid deflation
06 Jun 2014
US puts Iran oil sanctions on hold for six months
05 Jun 2014
In a move that could have long-term ramifications for India’s energy sector, the US has “suspended” its sanctions on Iran oil for six months
SEC cracks down on “Bitcoin related” vendor
05 Jun 2014
Syria’s Bashar al-Assad wins 88.7% votes to become third time president
05 Jun 2014
Assad has now secured a third term in office despite a West-supported civil war fanned out of protests against his rule
Narendra Modi, Barack Obama to meet in Washington in September
05 Jun 2014
The meeting between PM Narendra Modi and US President Barack Obama would be a full-fledged bilateral summit in Washington
US trade gap increases to $47.24 bn in April
05 Jun 2014
The trade deficit rose sharply in April to the widest in two years as consumers bought record amounts of imported consumer goods, business equipment and automobiles
Spanish liberty hero King Carlos abdicates in favour of son Felipe
03 Jun 2014
King Juan was instrumental in returning Spain to democracy after the Franco dictatorship and is widely respected across Spain
Spain plans $8.6 billion stimulus package
02 Jun 2014
The stimulus is expected to boost the Spanish economy's competitiveness and create jobs
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