World economy
US, Japan plan a united front at G-20 meet in April
25 Feb 2009
US and Japan have agreed to work together to tide over the global economic crisis and at the upcoming G-20 summit in April.
Japan's January trade deficit at its worst since WW II
25 Feb 2009
The Japanse economy has been severely affected by the slowdown in the US and Europe, as its exports have fallen by half.
US consumer confidence skids
25 Feb 2009
Microsoft withdraws payback demand
24 Feb 2009
Pawnbrokers expand business as recession deepens
24 Feb 2009
YSL dictates the price – art sale fetches $265 million
24 Feb 2009
The first day’s sale of legendary French couturier Yves Saint Laurent (YSL) art collection has belied all expectations of a slump in the art market given the state of the global economy.
Citigroup in talks for more government aid
23 Feb 2009
Clinton skirts rights issues on China visit
23 Feb 2009
European leaders for stronger supervision of financial systems
23 Feb 2009
European leaders back Merkel's call for a "charter of sustainable economic activity" to reduce economic imbalances and stabilise financial markets.
Brown invites Singh to G20 meet
21 Feb 2009
US senator pushes for Chrysler-Fiat merger
21 Feb 2009
China overtakes Japan as top foreign creditor to the US
20 Feb 2009
China has surpassed Japan as the US' biggest foreign creditor with $696.2 billion worth holdings in US treasury bonds December 2008
New York looks to India, China to drive financial sector growth
19 Feb 2009
New York mayor Michael Bloomberg has unveiled a major initiative to support the city's financial services sector by encouraging entrepreneurship and business innovation in a bid to save jobs
US stimulus package provides $8 billion for rail expansion
18 Feb 2009
President Obama $787.2-billion economic recovery package signed yesterday will provide $8 billion for investments in high-speed passenger trains