World economy
IMF warns of $2.6 trillion contraction of European banks' balance sheets
19 Apr 2012
The IMF pointed out in its Global Financial Stability Report, published yesterday, that balance sheets of European banks looked set to shrink by $2.6 trillion in the coming 18 months
"Raise Our Taxes": US millionaires' group
18 Apr 2012
A group of wealthy Americans have launched a protest against the low taxes they pay, saying they should be taxed more
China widens yuan band but US not impressed
16 Apr 2012
S&P confirms top AAA rating for UK
14 Apr 2012
China’s economy slows to 3-year low
14 Apr 2012
The pace of growth of China’s booming economy weakened in the first three months of this year to its slowest in three years as export demand slackened and property market weakened
Spain warns Argentina not to nationalise Repsol's Argentinean YPF unit
14 Apr 2012
Spain yesterday warned Argentina that it would retaliate if it goes ahead with plans to take back control of Repsol's majority stake in its Argentinean YPF unit
BOJ chief to continue monetary stimulus
12 Apr 2012
China's growth may slip to 13-year low in 2012: World Bank
12 Apr 2012
China’s economic growth may slip to a 13-year low in 2012 with sluggish recovery hurting export demand, domestic investment and consumption slowing, the World Bank’s latest forecast shows
Iran's Strategy
12 Apr 2012
Iran is using the nuclear issue to divert attention from what is actually happening -- a shift in the balance of power in the Middle East. By George Friedman. Republished with permission of STRATFOR
Quake in Indonesia prompts tsunami warning in India
11 Apr 2012
The government has issued a tsunami warning for the eastern coast and warned of waves measuring up to 6 metres hitting parts of the east coast
Alcoa lowers China aluminum consumption growth
11 Apr 2012
Mao-era turmoil returns ahead of China's party leadership change
11 Apr 2012
More than half the country's 25 most-powerful figures are expected to retire during the once-in-a-decade transition
Nab terrorist Saeed to improve relations, PM tells Zardari
09 Apr 2012
During a luncheon meeting with President Asif Ali Zardari of Pakistan, who is in India on a personal visit, Prime Minister Manmohan Singh said it was imperative to bring the perpetrators of the 26/11 terror attack to justice