World economy
India most attractive destination for Japan in coming decade
05 Jan 2011
India overtakes China as the most attractive overseas investment destination for Japanese manufacturers over the next decade even though China retains its advantage over the shorter three term period.
Estonia embraces euro; starts changeover as 17th euro nation
04 Jan 2011
The nation’s prime minister Andrus Ansip became the first Estonian national to withdraw the new currency from a cash machine, marking the beginning of the integration of the small Baltic state of 1.3-million population with the mighty euro zone.
UK transport watchdog suggests overhaul of London rail tracks to beat the cold
29 Dec 2010
The UK government's transport troubleshooter wants a radical overhaul of 3,000 miles of track in the London commuter belt to preempt a commuter revolt
UK unemployment to hit 17 year high
29 Dec 2010
UK to crack down on incapacity benefit abuse
28 Dec 2010
Western Australia farm contaminated by GM-canola
27 Dec 2010
India hosts a third of the world’s poor
27 Dec 2010
India now is considered to have the largest proportion of poor people in the world as other countries, most notably China, have done a better job at reducing poverty than India.
Japan unveils $1.11 trillion draft budget
27 Dec 2010
Japan is fighting to cut back its huge public debt — the highest among developed nations — which stands at around 194 per cent of the gross domestic product
Its BRICS now, as S.Africa gets the invite
25 Dec 2010
The four-nation formation of Brazil, Russia, India and China (BRIC) now adds a fifth member, South Africa, to the group adding another initial to its acronym to become BRICS.
Ireland nationalises Allied Irish Banks, injects €3.7 bn
24 Dec 2010
The high court has ordered AIB to delist its shares from the main securities market of the Irish Stock Exchange (ISE) as well as the London Stock Exchange, and apply for listing in the junior enterprise securities market of ISE
China ready to invest €4-5 billion in Portuguese bonds: report
23 Dec 2010
China, the nation with a swollen foreign currency basket, is prepared to buy Portuguese sovereign debt to the tune of €4 billion to €5 billion to help the debt-laden European nation to prop up its struggling economy
Japan may sink into recession, say analysts
21 Dec 2010
China building 24 new projects on Brahmaputra
21 Dec 2010
Intelligence agencies have reported dozens of new projects, possibly hydro-power projects, coming up on Chinese side of the Brahmputra
Obama passes tax cuts with Republican backing
20 Dec 2010
EU agrees to set up permanent rescue fund
18 Dec 2010
IMF approves first tranche of €22.5-bn loan to Ireland
17 Dec 2010
The IMF yesterday approved a €22.5-billion loan programme for Ireland as part of the €85-billion international rescue package to support the nation’s banking system and restore its public finances
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