World economy

Oil prices continue slide; Brent futures down $2.20

13 Jan 2015

Kerry lauds Pak efforts against extremists, says it must do more

13 Jan 2015

Peshawar mayhem: school reopens, army chief greets kids

12 Jan 2015

Japan to unveil record ¥96-trillion budget for 2015-16

Japan to unveil record ¥96-trillion budget for 2015-16

12 Jan 2015

The draft budget has to be cleared by the country’s cabinet on Wednesday and further approved by the Japanese parliament in its upcoming session

‘I am Charlie’: world leaders join unprecedented Paris rally

‘I am Charlie’: world leaders join unprecedented Paris rally

12 Jan 2015

Millions in Paris and elsewhere walked in solemn processions on Sunday to denounce terrorism that has inflicted a deep scar on France in a three-day bloodshed that claimed 17 victims

Kerry to seek greater access to US companies to do business in India

10 Jan 2015

Sirisena sworn-in as Sri Lanka's new President

Sirisena sworn-in as Sri Lanka's new President

09 Jan 2015

Maithripala Sirisena, who scored an unexpected victory over incumbent President Mahinda Rajpaksa, was on Friday sworn-in as the sixth president of Sri Lanka

Obama proposes making community college nearly free for millions

09 Jan 2015

Lanka President Rajapaksa loses to Sirisena after decade in power

Lanka President Rajapaksa loses to Sirisena after decade in power

09 Jan 2015

Sri Lanka's president Mahinda Rajapaksa today conceded defeat to rival Maithripala Sirisena in the country's election, bringing an end to a decade of leadership increasingly criticized as corrupt and nepotistic

Euro zone under deflation threat as prices fall

08 Jan 2015

Reform of China’s one-child policy has had little effect in boosting birth rates

07 Jan 2015

John Kerry denies giving clean chit to Pak on terror outfits

07 Jan 2015

Oil continues slump as Iraq, Russia output hit new highs

06 Jan 2015

Jordan defers talks on $15-bn gas deal with Israel

06 Jan 2015

US oil futures drop to new lows amid fears of supply glut

US oil futures drop to new lows amid fears of supply glut

05 Jan 2015

In what could be further good news for India's economy, US crude and Brent futures dropped to five-and-a-half-year lows today amidst worries about excess global supply and weak demand

Vote for ‘known devil’, President Rajapakse tells Lankan Tamils

03 Jan 2015

Euro zone manufacturing activity slower than projected in December

02 Jan 2015

North Korean leader Kim Jong Un says he is open to talks with South Korea

01 Jan 2015

Palestinian Authority president Mahmoud Abbas signs Rome Statute to join International Criminal Court

01 Jan 2015

Venezuela in recession as oil prices plunge

Venezuela in recession as oil prices plunge

01 Jan 2015

Oil revenues account for more than 50 per cent of GDP and over 90 per cent of total exports of Venezuela, which is the fifth largest member of oil the Organisation of Petroleum Exporting Countries

Japan announces tax cuts to bolster public spending

Japan announces tax cuts to bolster public spending

31 Dec 2014

The tax reforms envisage slashing corporate tax by 3.29 per cent to 31.33 per cent over the next two fiscal years and exempting gifts of up to ¥10 million from parents or grandparents to their offspring from taxation, to boost spending

2014: Ebola renders waste most of Sierra Leone and Liberia

2014: Ebola renders waste most of Sierra Leone and Liberia

31 Dec 2014

In fact, Ebola’s nasty reputation as a contagious disease that can make people bleed from their eyeballs has dented tourism across the entire African continent

NATO ends Afghan war, lowers flag in low-key ceremony

NATO ends Afghan war, lowers flag in low-key ceremony

29 Dec 2014

General John Campbell, the American commander who led NATO's International Security Assistance Force, lowered the green and white mission flag, replacing it with one of a training and support mission known as Resolute Support

Drop in oil prices should spur growth in euro zone: German central bank chief

Drop in oil prices should spur growth in euro zone: German central bank chief

29 Dec 2014

The 45 per cent drop in oil prices in the last six months is estimated to be equivalent to a $1.1 trillion stimulus for the global economy

Japan’s Abe pushes $29 bn fresh stimulus to spur growth

Japan’s Abe pushes $29 bn fresh stimulus to spur growth

27 Dec 2014

The government expects the stimulus plan to boost Japan’s GDP by 0.7 per cent, but does not explain how that growth would be achieved

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