World economy
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
India, China sign 49 MoUs to boost economic ties
16 Dec 2010
No agreement yet at European summit
16 Dec 2010
Wen visit: Thorny issues to be swept under the carpet
13 Dec 2010
Bringing along a group of 400 businessmen, Wen is slated to oversee signing of over 45 business deals between Indian and Chinese companies, worth over $20 billion, and cutting across sectors from power to pharmaceuticals
Hope at Cancun after crucial breakthroughs
11 Dec 2010
US, China, Canada trade figures reveal firm trends in global economy
11 Dec 2010
Trade data from China, the United States and Canada released on Friday show that global economy is firing on all cylinders.
China agrees to resolve ‘stapled visa’ issue
10 Dec 2010
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