World economy

S&P threatens to downgrade UK's credit rating, as it cuts outlook to negative

S&P threatens to downgrade UK's credit rating, as it cuts outlook to negative

14 Dec 2012

The UK’s rock solid sovereign credit rating took another blow today with Standard & Poor’s becoming the third major agency to downgrade the outlook to “negative”.

UK to approve banking union in Europe

13 Dec 2012

Migration pushing up rapid urbanisation

12 Dec 2012

European Commission’s new salary pension scheme draws ire

12 Dec 2012

Pensioners in UK working well into retirement

12 Dec 2012

China’s exports projected to grow 8 per cent in 2013

12 Dec 2012

US Treasury to make $22.7-bn profit from AIG stake sale

12 Dec 2012

UK gears up for battle to save London’s status as financial centre

12 Dec 2012

Japan falls into recession

Japan falls into recession

11 Dec 2012

Japan, the world’s third-largest economy, has sunk back into recession, after reporting growth for three consecutive quarters up to March 2012

UK companies looking at extra hiring: survey

11 Dec 2012

Surveyors report increased buyer interest for housing

11 Dec 2012

Business confidence in Australia at weakest in three and half years

11 Dec 2012

India’s global clout to rise greatly by 2030: study

10 Dec 2012

UK environment secretary pushes for GM crops

10 Dec 2012

Demand for global tax reform grows after Starbucks row

10 Dec 2012

Chinese factory output up 10.1 % in November; inflation rises to 2%

10 Dec 2012

Obama asks for $60-bn from Congress for aid to Sandy hit states

Obama asks for $60-bn from Congress for aid to Sandy hit states

08 Dec 2012

President Barack Obama yesterday asked Congress for $60.4 billion in federal aid for the states hit by Superstorm Sandy in late October, which include New York and New Jersey

Australia needs to do more to harvest nano-technology benefits: Scientists

08 Dec 2012

Industry optimists unfazed over possible triple-dip recession

08 Dec 2012

China shows off its air power amidst territorial disputes

07 Dec 2012

Powerful 7.3 magnitude earthquake shakes northeast Japan

Powerful 7.3 magnitude earthquake shakes northeast Japan

07 Dec 2012

There were no reports of any major damage or injuries from the earthquake, which was centered off the Miyagi  prefecture in northeast Japan at a depth of 10 km

US conducts sub-critical nuke experiment

07 Dec 2012

Painful tax cuts, austerity to plug £27-bn black hole in the UK

Painful tax cuts, austerity to plug £27-bn black hole in the UK

07 Dec 2012

Millions of Britsh citizens would face economic hardship with more tax rises and benefit cuts in the next three years to plug a £27-billion black hole in UK government coffers

Japanese government bonds up to record high on election prospects

07 Dec 2012

Military deployed at presidential palace in Egypt

06 Dec 2012

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