World economy
World Bank lowers global forecast; US and UK to lead growth
14 Jan 2015
Despite the lowest oil prices in decades, the global economy has been more sluggish than expected since the 2007-2009 global financial crisis
Oil price slump could make Keystone XL pipeline redundant
14 Jan 2015
With oil prices plunging to around $46 a barrel on Tuesday, TransCanada Corp's controversial $8-billion Keystone XL pipeline across the US could turn into a white elephant
Japan to unveil record ¥96-trillion budget for 2015-16
12 Jan 2015
The draft budget has to be cleared by the country’s cabinet on Wednesday and further approved by the Japanese parliament in its upcoming session
‘I am Charlie’: world leaders join unprecedented Paris rally
12 Jan 2015
Millions in Paris and elsewhere walked in solemn processions on Sunday to denounce terrorism that has inflicted a deep scar on France in a three-day bloodshed that claimed 17 victims
Sirisena sworn-in as Sri Lanka's new President
09 Jan 2015
Maithripala Sirisena, who scored an unexpected victory over incumbent President Mahinda Rajpaksa, was on Friday sworn-in as the sixth president of Sri Lanka
Lanka President Rajapaksa loses to Sirisena after decade in power
09 Jan 2015
Sri Lanka's president Mahinda Rajapaksa today conceded defeat to rival Maithripala Sirisena in the country's election, bringing an end to a decade of leadership increasingly criticized as corrupt and nepotistic
Euro zone under deflation threat as prices fall
08 Jan 2015
US oil futures drop to new lows amid fears of supply glut
05 Jan 2015
In what could be further good news for India's economy, US crude and Brent futures dropped to five-and-a-half-year lows today amidst worries about excess global supply and weak demand