World economy

Recession in the UK to claim 3 million jobs by 2010

29 Dec 2008

GCC conference to focus on economic issues

29 Dec 2008

Oman opts out of the Gulf's single currency monetary plan

29 Dec 2008

UK faces worst slump since 1948

UK faces worst slump since 1948

27 Dec 2008

Belying the optimistic official Treasury forecasts, analysts at  Centre for Economics and Business Research say the UK's economy will face its worst decline in 60 years.

Online retailer Amazon sees best-ever holiday sales even as departmental stores stay empty

26 Dec 2008

US economy deeper in the red; GDP contracts 0.5 per cent in Q3

24 Dec 2008

Toyota may reshuffle top management, shed jobs in the US and UK

24 Dec 2008

2009 to be "really bad": IMF chief

2009 to be "really bad": IMF chief

22 Dec 2008

IMF chief Dominique Strauss-Kahn says that the measures announced by the G20 nations in Washington last month might not be enough to kick-start the global economy.

China's consumer retailing rises in November amid slowing economy

22 Dec 2008

Global recession gives Japan’s exports the chill

22 Dec 2008

China to prop Hong Kong economy

China to prop Hong Kong economy

20 Dec 2008

China has introduced landmark measures, including currency swaps and easing travel restrictions, to boost Hong Kong's troubled economy

Allianz creates new economic research and strategy department

19 Dec 2008

Bangladesh receives $200 million from S Korea for infrastructure development

19 Dec 2008

UK’s public sector borrowing soars to £16 billion in November

19 Dec 2008

Polaroid felled by owners malfeasance; in bankruptcy protection

19 Dec 2008

Japan projects no growth in 2009

Japan projects no growth in 2009

19 Dec 2008

The Japanese government expects the economy to shrink this year and projects a zero growth in the year ending March 2010

Nobel jurors under probe for favouritism

Nobel jurors under probe for favouritism

19 Dec 2008

Swedish prosecutors are investgating whether Nobel prize selection committee memebers were influenced by the Chinese government, and seperately by drug firm AstraZeneca

UK’s iconic Woolworth store will shut down in January

18 Dec 2008

GM goes slow on Chevrolet Volt factory

18 Dec 2008

US unemployment seen topping 2 million in New Year

18 Dec 2008

China emerges top lender to US government; weighs alternatives

17 Dec 2008

Vauxhall offers sabbaticals to staff

15 Dec 2008

Japanese business confidence registers biggest fall since 1975

15 Dec 2008

British government may outline rescue package for car industry

15 Dec 2008

China industrial output growth hits a 9-year low in November

15 Dec 2008

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