World economy

Global regulators tighten banking rules to avert 2008-type financial collapse

13 Sep 2010

Under the agreements reached yesterday, the minimum requirement for common equity, the highest form of loss absorbing capital, will be raised from the current 2 per cent to 4.5 per cent after the application of stricter adjustments

Japan unveils new $10.9-bn stimulus package

13 Sep 2010

Continuous advancements in the currency against the US dollar has adversely affected the business sentiments of the export-dependent global economic giant, which was pushed to a third place by China in the second quarter of 2010

Japan, India strike broad agreement on free trade

11 Sep 2010

Japan and India have struck a broad agreement on an economic partnership agreement that will see drastic reduction in tariffs between the two nations over a decade.

Rudd is new Australian foreign minister

11 Sep 2010

Australian PM Julia Gillard announced her new ministry bringing Kevin Rudd back into her government as the new foreign affairs minister.

Harvard University endowment fund recovers from global downturn

11 Sep 2010

World oil demand to rise to 86.6 mbpd in 2011: OPEC

11 Sep 2010

More than 90-per cent of growth is attributed to non-OECD countries, mainly China, India, the Middle East, and Latin America in all the quarters, with more strength in the second half of the year.

India slips two positions to 51st in global competitiveness ranking

09 Sep 2010

The World Economic Forum’s annual review of the competitiveness of countries places India at the 51st rank, down two positions from last year.

UK manufacturing records healthy growth in July

09 Sep 2010

Massive protests fail to budge Sarkozy on retirement age

08 Sep 2010

French pension reforms invites union wrath

07 Sep 2010

China, India to be top M&A targets till 2012: UNCTAD

07 Sep 2010

M&A activities of trans-national corporations are due for a rebound says an UNCTAD survey, with China, India and Brazil as the top three destinations.

China, India to be top M&A targets till 2012: UNCTAD

07 Sep 2010

M&A activities of trans-national corporations are due for a rebound says an UNCTAD survey, with China, India and Brazil as the top three destinations.

Polish prime minister pushes for cementing Indo-Polish ties

07 Sep 2010

Global warming: Northern countries to be economic power houses

By By Meg Sullivan | 07 Sep 2010

As global pressures mount, the New North — Canada, Scandinavia, Russia and the northern US — will become formidable economic powers to prosper economically in the 21st century, says new research

New Chinese labour laws may force flight of foreign investment

07 Sep 2010

Overseas companies could pull out of China as cheap labour was one of the prime reasons that made them invest in the country in the first place

EU nations to decide on IMF board presence

06 Sep 2010

European nations are scrambling to protect their seats on the board of the IMF after facing a fait accompli served by the USA which has refused to extend the tenure of an expanded board.

UK engineering sector sees resurgence

06 Sep 2010

UK car sales fall in August, trend to continue for the rest of the year

06 Sep 2010

G20 pushes the growth agenda

04 Sep 2010

G20 will meet again on Sunday to discuss issues, including reform in the global financial regulatory framework.

Roubini outlines the “new normal”

03 Sep 2010

Prof Roubini has said decoupling expectations will flop as US economic slowdown impacts China, Japan and the euro zone and that it would still feel like recession even without a double dip.

Blair memoirs hit the top spot on Amazon list

03 Sep 2010

Pakistan would need imports of additional 3.5 million bales cotton

03 Sep 2010

Karzai says all’s well after run on Kabul Bank

03 Sep 2010

Afghanistan struggled to restore customer confidence after depositors began a run on the country’s biggest bank soon after the Central Bank removed its top two executives.