World economy
China, US pledge $20 billion for trade
05 Dec 2008
The US and China hope to stimulate flagging global trade as the worldwide recession sets in.
Putin’s Red Square show a hit
05 Dec 2008
China tells US to put own house in order; promises help to stabilise global economy
05 Dec 2008
China's chief trade envoy has urged the US to "do all it can" to stabilise its economy
France unveils €26-billion recovery plan
05 Dec 2008
President Nicolas Sarkozy has unveiled a €26-billion ($33 billion) stimulus plan to help France fend off financial crisis.
AT&T to cut 12,000 jobs
04 Dec 2008
Global insolvencies projected to rise in 2009
04 Dec 2008
US private sector sheds 250,000 jobs in November: report
04 Dec 2008
A new report says employment in the US private sector fell 250,000 in November following a revised decrease of 179,000 jobs in October
Mexican steelmaker AHMSA to lay off 12,000
03 Dec 2008
Paulson urges China to boost domestic economy
03 Dec 2008
US treasury secretary Henry Paulson wants China to further boost domestic demand and furter reform its exchange rate policies.
Delta Airlines to reduce capacity further 2009
03 Dec 2008
UK denies plans to join the eurozone
02 Dec 2008
US recession official; may last till mid-'09
02 Dec 2008
Global recession drags Chinese manufacturing to record low
01 Dec 2008
Aan index of China’s 700 manufacturers reveals the country's manufacturing has fallen to its lowest level since 2005.
Nokia exits Japanese market
28 Nov 2008
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