World economy
France looking to ban bonuses at bailout banks
26 Mar 2009
China secretly funding Kevin Rudd’s economic rescue plan
26 Mar 2009
Last Saturday Australian PM Kevin Rudd had a secret meeting with the fifth-most powerful member of China's nine-person ruling politburo standing committee
US home sales rebound in February
26 Mar 2009
Agilent Technologies to lay off 2,700 employees
26 Mar 2009
Downturn bottoming out, says Australian banker
26 Mar 2009
House Democrats urge $100-billion cut in Obama's budget
26 Mar 2009
US president Barack Obama faces opposition from his own party as he pushes for approval of a $3.6-trillion budget for the fiscal 2010.
IMF eases lending rules, creates new line of credit
25 Mar 2009
The International Monetary Fund today overhauled its lending framework by easing credit conditionalities and also announced the creation of a new flexible line of credit.
Japan's trade nearly halves in February
25 Mar 2009
China wants SDR to replace dollar as global currency
24 Mar 2009
China has called for the creation of new global currency by the IMF to replace the US dollar
Bailing out Japan Inc: JBIC’s operating charter to be modified
23 Mar 2009
As the global economic downturn devastates Japan’s exports, the Japanese government is moving to tweak the charter of the Japan Bank for International Cooperation in a bid to keep Japan Inc.’s operations afloat.
Crude futures rise above $52 in Asian trade
23 Mar 2009
China may act spoilsport at G20 meet: reports
21 Mar 2009
China, others back Russia’s alternative to dollar
21 Mar 2009
Russia says its proosal for a discussion on creating a new world reserve currency replacing the dollar has the support of China and several other emerging economies
Kuwait cancels second refinery project
21 Mar 2009
The refinery is no longer economically viable as oil prices have fallen more than 50 per cent from their peaks