World economy
Singapore to cut politicians' pay by 30% from 21 May
04 Jan 2012
Singapore’s politicians, the highest paid in the world will soon have to take a salary cut by at least a third, but they would still retain their top ranking as the highest paid politicians globally
India-Saudi trade touches $26 billion; new investments, JVs eyed
04 Jan 2012
India’s exports to Saudi Arabia increased from $2.59 billion in 2006-07 to $5.22 billion in 2010-11 while its imports from that country increased from $13.35 billion in 2006-07 to $20.38 billion in 2010-11
China looks at capital account convertibility of renminbi
02 Jan 2012
A fully convertible renminbi would allow free capital flows into China, hopes to challenge the dollar as the world's reserve currency
UK mortgage debt softens by another 8.6 billion
31 Dec 2011
China shifts FDI focus to hi-tech areas
30 Dec 2011
China’s factory output down in December amid negative cues
30 Dec 2011
China's economy is slowing down for a fourth successive quarter, easing further from the first quarter's 9.7 per cent to below 9 per cent in the final three months
Eurozone banks park record cash with ECB
29 Dec 2011
Workers at LG plant in China strike over bonus
28 Dec 2011
German companies upbeat amidst euro crisis
28 Dec 2011
Deflation returns to Japan as production drops
28 Dec 2011
Zardari vows to battle on as Pakistan President
28 Dec 2011
Morgan Stanley to cut 580 jobs in New York City
28 Dec 2011
French jobless rate hits record high in November
27 Dec 2011
US firms acquiring assets from distressed European banks
27 Dec 2011
With Europe deep in financial trouble, US firms, eyeing an opportunity to make quick gains are buying up bank owned assets from Miami to Dublin
Banks prepare to deal in pre-euro currencies if EU collapses
26 Dec 2011
Preparing their systems to handle codes for old European currencies was one way banks were taking steps to insulate themselves from major business disruptions if any country suddenly left the euro
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