World economy
ILO calls for faster job creation to combat 4.5-mn job losses from eurozone austerity
11 Jul 2012
The eurozone risked losing 4.5 million more jobs over the next four years, taking the number of unemployed to 22 million if it did not shift away from austerity, the ILO warns
Falling incomes hit UK's elderly the hardest: Aviva
11 Jul 2012
The average personal savings of those above 75 in the UK saw a 40-per cent erosion in just two years due to rise in the cost of living
Bangladesh may join TAPI gas pipeline project
10 Jul 2012
Growth in India, China slowing further: OECD
09 Jul 2012
China ‘second-class enemy' of India: Ratan Tata
09 Jul 2012
China reacts mildly to US complaint at WTO
07 Jul 2012
Opposition's pledge to junk carbon tax fails to enthuse Australian businesses
07 Jul 2012
Fewer than a quarter of the biggest heavy greenhouse gas-emitting companies in Australia, support opposition leader Tony Abbott's pledge to repeal the controversial carbon tax
IMF to pare global growth forecasts: Lagarde
07 Jul 2012
Donor nations set to pledge $15-bn in Afghan aid
07 Jul 2012
China cuts key lending rate to 6 per cent to spur growth
05 Jul 2012
The rate cut, which would be effective tomorrow, comes close on the heels of the reduction in lending rates announced on 7 June 2012
ECB cuts key interest rate by 25 bps to 0.75 per cent
05 Jul 2012
ECB also reduced its deposit rate to zero, thereby helping banks in need to borrow from the central bank and lend to other banks in the overnight money market
Barclays chief resigns over Libor scandal
03 Jul 2012
According to Diamond, the deliberate misrepresentation of facts had been done with the connivance of the Bank of England, in the national interest of averting a run on the bank
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