World economy

US June manufacturing index in negative territory

02 Jul 2009

Aussie government outlines $60-billion defence programme

02 Jul 2009

China's June - PMI of manufacturing sector improves to 53.2 per cent

01 Jul 2009

Asia to benefit most from US recovery, says CLSA’s Morrison

01 Jul 2009

Pakistan, China ahead in the Failed States Index

30 Jun 2009

A survey by Foreign Policy magazine says that an increasing number of states teetering on the edge of bankruptcy and /or political chaos, face world leaders from the United Nations, and organisations such as the World Bank, with an uncomfortable dilemma.

Oil hits an eight-month high above $73 a barrel

30 Jun 2009

Crude oil prices rose to an eight-month high above $73 a barrel in Asian trade today, helped by a weak dollar

Eurozone economy shows early signs of improvement, still in contraction mode

30 Jun 2009

The Queen is broke, says Buckingham Palace

30 Jun 2009

The money provided by the taxpayer to enable the Queen to fulfil her role as head of state is equivalent to 69 pence per person in the country

Japan’s May industrial output up 5.9 per cent

29 Jun 2009

South Africa looks to India, emerging economies, for strategic partnership

27 Jun 2009

Chinese manufacturers profits decline 23 per cent

26 Jun 2009

Reform UN and its agencies for global economic revival, says India

26 Jun 2009

India has called for restructuring and reforming of the UN and its various agencies like the IMF and the World Bank

AIG plans IPO of arms to repay $25 billion debt

26 Jun 2009

Corus to shed another 2,045 jobs

25 Jun 2009

US-EU file complaints against China with WTO

25 Jun 2009

OECD optimistic on economy; sees ‘weak recovery’ by 2010

25 Jun 2009

In its World Economic Outlook, OECD, raised its forecast for the economy of world's most-industrialised countries for the first time in two years.

US durable goods orders rise in May; Fed keeps rates unchanged

25 Jun 2009

Japan’s May exports down 40.9 per cent

24 Jun 2009

World entering slow-growth era: World Bank

23 Jun 2009

Rs1 trillion worth new orders expected: Siemens

22 Jun 2009

German engineering major Siemens expects to bag Rs1 trillion worth new orders from the infrastructure sector through the global economic stimulus projects

Russia and China sign $100-billion deal of the century

20 Jun 2009

Russia and China have signed deals worth $100 billion this year as the two countries try to bury differences and promote mutual trust and maintain stable and healthy ties.

IMF more optimistic about global economy recovering

20 Jun 2009

Great Recession to just another regular recession?

19 Jun 2009

Thanks to aggressive policy measures, it is possible that the worst of this global recession is behind us. But, those expecting a swift and smooth recovery are likely to be disappointed and the budding euphoria is definitely misplaced. By Shivshanker Verma