World economy
Oil slumps to fresh lows below $82 in Asia
04 Jun 2012
UK may consider £50-bn economic stimulus
04 Jun 2012
Analysts feel UK government may pump in additional £50 billion to stimulate the country’s economic growth amid depressing manufacturing data
Spanish PM calls for eurozone fiscal authority
04 Jun 2012
Spanish prime minister Mariano Rajoy has suggested a central fiscal authority for the entire eurozone to allow centralised control of finance in order to strengthen the common currency
Hosni Mubarak sentenced to life imprisonment
02 Jun 2012
A criminal court in Cairo on Saturday sentenced Hosni Mubarak, the former Egyptian president, to life in prison for his role in the killing of protesters last year
Big Ben to be renamed after queen Elizabeth
02 Jun 2012
Renaming public monuments or places after contemporary leaders is not just an Indian idiosyncrasy, but has even reached British shores
No bailout talks on Spain: IMF
02 Jun 2012
The IMF yesterday denied recent media reports on talks with Spain on contingency plans for the financial rescue of the troubled eurozone nation
China manufacturing PMI down lower than expected
01 Jun 2012
US Q1 GDP growth lowered to 1.9 per cent
01 Jun 2012
Japan, China to start direct currency trading from 1 June
30 May 2012
The world’s second and third-largest economies China and Japan have agreed to begin direct yen-yuan trading from 1 June scrapping the US dollar as intermediate currency
Yields shoot up as Italy sells €4.25-bn debt
29 May 2012
Pope’s butler to cooperate in 'Vatileak' probe
29 May 2012
The Vatican has been hit by a scandal invovling leaks of confidential correspondence that reveal murky intrigues and power struggles at the highest levels
PM arrives in Myanmar; energy, security top agenda
28 May 2012
Seeking stronger ties with resource-rich Myanmar, Prime Minister Manmohan Singh will hold talks with Myanmar President Thein Sein and opposition leader and Nobel Peace prize winner Aung San Suu Kyi
Investment in Australia’s resources sector reaches record $260 billion
26 May 2012
Seven new LNG projects account for over $164 billion investment that when completed in 2015-2016, will increase Australia’s LNG export capacity over three-fold to 80 million tonnes per annum
Investment in Australia’s resources sector reaches record $260 billion
26 May 2012
Seven new LNG projects account for over $164 billion investment that when completed in 2015-2016, will increase Australia’s LNG export capacity over three-fold to 80 million tonnes per annum