World economy

Ireland unveils drastic measures to tide over recession

08 Apr 2009

D&B spikes Australia’s 2009 growth to -0.2 per cent

08 Apr 2009

American life insurance company Lincoln repays $700 million of debt

08 Apr 2009

RBS to shed 9,000 jobs as part of restructuring process

07 Apr 2009

Landlords move to bail out UK retailers from bankruptcy

07 Apr 2009

China's economic stimulus to help pull Asia-Pacific out of gloom by 2010: World Bank

07 Apr 2009

The slow rate of growth in China would delay recovery in smaller East Asian nations which have been most affected by the crisis

UK taxpayers face massive burden till 2016

07 Apr 2009

UK’s recession-hit Press Gazette to close

07 Apr 2009

Sallie Mae to move 2,000 jobs from offshore to domestic centres

06 Apr 2009

China’s ambassador defends Australian investments

06 Apr 2009

Japan plans $100 billion third economic stimulus

06 Apr 2009

The Japanese government is planning a third economic stimulus package, worth over $100 billion to stop the economic downturn.

Japan's key economic composite index shrinks 2.7 points in February

06 Apr 2009

Saudi net foreign assets fall to 1.65 trillion riyals

06 Apr 2009

Saudi Arabia's net foreign assets have plunged  in the first two months of this year, reversing a rapid growth during the oil boom of the last seven years

US says it need H-1B visas to remain `competitive'

04 Apr 2009

Obama to revive US-Cuba family ties

04 Apr 2009

Don’t prop up failed system, ActionAid warns G-20

04 Apr 2009

ActionAid has warned against using the $1.1 trillion global recovery package as artificial life support for a discredited and ‘dying’ economic model.

Japan’s top 3 banks to report losses for first time

04 Apr 2009

The Times Company threatens to shut down The Boston Globe

04 Apr 2009

The New York Times Company has threatened to close The Boston Globe unless labor unions agree to $20 million in pay cuts and  cessation of pension contributions amidst deepening recession.

UBS completes $38.7 billion transfer of toxic assets to state fund

03 Apr 2009

Global trade deal the next step to fight economic crisis: WTO chief

03 Apr 2009

India willing to increase contribution to IMF: Manmohan

03 Apr 2009

India does not intend to borrow any money from the multilateral lending agency, prime minister Manmohan Singh said at the G20 summit in London

Manufacturing-instruments maker MKS to cut 600 jobs, or 23 per cent of workforce

03 Apr 2009

G-20 cracks whip on tax havens; OECD publishes blacklist

03 Apr 2009

Last night G-20 leaders agreed to crack down on tax havens, paving the way for the ‘naming and shaming’ of countries that fail to comply with internationally agreed standards

Despite slump Australia records $1.5-billion trade surplus in February

03 Apr 2009

IMF triples firepower as G-20 injects $500 billion

03 Apr 2009