World economy
US releases spectrum for “wireless broadband revolution”
01 Jul 2010
US president Barack Obama has unveiled a plan that aims to nearly double the amount of commercial spectrum during the next 10 years, providing massive access to broadband technology.
Victory for Boeing as WTO rules Airbus subsidies unfair
01 Jul 2010
The United States won an “important victory” in a World Trade Organisation ruling that Airbus, the European plane maker, had benefited from four decades of improper subsidies.
China to pursue current policy course: Wen
30 Jun 2010
Gold continues to rise amid recessionary fears
30 Jun 2010
Oil on longest downward spiral in six weeks
30 Jun 2010
UN report calls for replacement of dollar as international standard
30 Jun 2010
The dollar has proved to be an unreliable international currency and should be replaced by a more stable system, says a UN report.
Fears over global recovery as Asian stocks, crude fall
30 Jun 2010
Heightened concerns that global recovery may be faltering saw Asian stocks drop the most in more than two weeks, oil fall for a third straight day and Asian currencies weaken the most.
China phone user numbers cross 1.1 billion
29 Jun 2010
BIS warns of asset bubbles, inflation in emerging nations
29 Jun 2010
Emerging economies may need to raise interest rates and allow currency to appreciate as liberal monetary policies will spur inflation and asset bubbles, the Bank for International Settlements has said.
EU survey confirms fears over China’s ‘unfair’ policies
29 Jun 2010
European companies say increasingly unfair, capricious Chinese government interference is making China a less attractive place to do business, according to a survey by a EU business group.
In Europe, you may no longer get a dozen eggs next year
28 Jun 2010
The perils of over legislation may be faced by shopkeepers in the European Union who will be banned from selling eggs or fruit by the dozen under new food labelling regulations.
PM, Obama shower encomiums on each other
28 Jun 2010
G20 leaders agree to slash fiscal deficits by 2013
28 Jun 2010
Leaders of the G20 on Sunday pledged to slash back spiralling debts and nurture the still shaky global recovery with coordinated measures to spur growth and ensure financial stability.
Myanmar destroys illicit drugs worth $76 million
26 Jun 2010
Cameron takes personal charge of Indo-UK relationship
26 Jun 2010
British premier David Cameron has put himself personally in charge of building relations with India even as he prepares to meet Indian PM Manmohan Singh on the sidelines of the G-20 summit.
US lawmakers hammer out historic Wall Street reform bill
26 Jun 2010
The bill, which prescribes stricter oversight and tighter restrictions on Wall Street banks, may crimp the industry's profits.
Fears about euro exaggerated, feels Chinese banker
26 Jun 2010
China has ruled out the possibility off a major apprecation of the yuan on euro losses and said the European single currency's long-term outlook is good
NSG not stern enough on Sino-Pak N-deal, feels India; but otherwise elated
26 Jun 2010
A statement issued at the end of a two-day meeting at Christchurch in Wellington, New Zealand, the NSG merely said it took note of briefings on developments concerning non-NSG states and that it agreed on the value of ongoing consultation and transparency.
Gobal economic recovery still fragile: PM
25 Jun 2010
Manmohan Singh asked world leaders to phase out expansionary fiscal policies and work towards calibrated exit strategies.
Sinking euro is good for exports, says EU
25 Jun 2010
The euro’s decline in recent months may boost exports from the currency area by 5 per cent, though the longer-term impact on economic growth is “less certain,” the EU said Thursday.
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