World economy
Murdoch’s News Corp reports biggest quarterly loss of $6.41 billion
07 Feb 2009
Rupert Murdoch's News Corp has posted its biggest ever quarterly net loss, after taking an $8.4 billion write-down for the value of its Dow Jones acquisition, broadcasting licenses and other assets
Successful Senate vote in sight on $827-billion stimulus
07 Feb 2009
The US Senate has agreed on substantially lower government spending and is set to vote on a comprise of $827-billion stimulus package
Did the BRICs ever have anything in common?
07 Feb 2009
The worsening global economic crisis raises the question whether the four BRIC countries ever shared much in common, other than scale and high portfolio inflows, say S&P analysts Frank Gill, KimEng Tan, Lisa M Schineller, Joydeep Mukherji.
China may go to WTO on toy import ban by India
04 Feb 2009
China may go to WTO on toy import ban by India
04 Feb 2009
Stimulus bill: Obama calls for quick action as lawmakers seek changes
03 Feb 2009
With both Democrats and Republicans seeking changes to President Obama’s economic-stimulus package the debate has been joined in right earnest by both sides.
Australia unveils $26.5-billion new economic stimulus
03 Feb 2009
The package will send the Australian federal budget into the red for the first time in nearly a decade
China demands loyalty from the military as 20 million lose their jobs
02 Feb 2009
The Chinese government has warned that 2009 will be the toughest year in the century for China and has orderd all military forces to "uncompromisingly obey the Party and Central Military Commission's command at any time and under any circumstances."
Trade officials at Davos urge G20 to speed Doha talks to combat crisis
02 Feb 2009
Finalising the Doha Round of multilateral trade talks cna evert a protectionist backlash during the current economic say global leaders assembled at Davos
Restructure IMF: India
31 Jan 2009
India today made a strong pitch for restructuring the International Monetary Fund, saying its is incapable of dealing with the global financial meltdown in its present form.