World economy

China produces most home appliances

03 Oct 2012

Consumer spending to triple in India, China by 2020: Boston Consulting

03 Oct 2012

Iranian rial at new low amid sanctions, ‘mismanagement’

03 Oct 2012

Iran’s currency, the rial, has plummeted to a new low as Western sanctions against the country, over its alleged nuclear weapons programme, take effect.

Eurozone unemployment at record high 11.4% in August

03 Oct 2012

The International Monetary Fund (IMF) forecasts a 0.3 per cent contraction for the eurozone economy in 2012 and a marginal recovery next year with a 0.7 per cent growth

Britons not saving enough for retirement: Study

01 Oct 2012

Japanese manufacturers more concerned as export demand sags

01 Oct 2012

China has arbitrary rule of law: report

01 Oct 2012

Pope’s butler goes on trial in ‘Vatileaks’ case

01 Oct 2012

The butler is charged with aggravated theft in a case that has embarrassed the Vatican and may shed some light on the discreet internal workings of the papal household

Japan's industry minister calls for quick phase-out of nuclear energy: report

29 Sep 2012

China’s Sany Group sues Cfius for blocking foreign investment in the US

29 Sep 2012

France hikes taxes to tame budget deficit

29 Sep 2012

Fitch cuts China, India 2012 growth forecasts

28 Sep 2012

Fitch is the second global ratings agency, after Standard & Poor's to cut its GDP forecasts for China and India this week.

Japan not to back down over Senkaku: Japan PM Noda

27 Sep 2012

Pak SC issues final deadline of 5 October in Zardari case

27 Sep 2012

The Pakistan Supreme Court has given a final deadline of 5 October to the government to revise a draft letter to be sent to Swiss authorities to reopen graft cases against President Asif Ali Zardari.

Global grain production expected to record 2.4 bn tons in 2012

26 Sep 2012

End extremism, boot out Assad, Obama tells UN

26 Sep 2012

Japanese Coast Guard faces off Taiwanese fishing boats near disputed islands

25 Sep 2012

UK business secretary Vince Cable announces creation of new business bank

24 Sep 2012

S&P lowers 2012 China GDP forecasts to 7.5 %, India to 5.5 %

24 Sep 2012

A slowdown in China coupled with ongoing troubles in the Eurozone, and a weaker recovery in the US has led S&P to forecast lower economic growth rates for Asia Pacific

Libyan army gives militia two days to clear out

24 Sep 2012

Rabobank warns of record high food prices

22 Sep 2012

World food prices will exceed last year's all-time high, with droughts in parts of the US, South America and Russia pushing up prices

Libyans oust extremist militia from Benghazi

22 Sep 2012

Pak limps back to normalcy after day of ‘killer rage’

22 Sep 2012

Euro rises on hopes of Spain seeking funds

22 Sep 2012

Microsoft, HP among US firms that manoeuvred to avoid billions in taxes: Report

21 Sep 2012

A US senate committee memo says Microsoft Corp had resorted to aggressive international tax manoeuvres to avoid billions of dollars in taxes over the past three years