World economy

US Navy rescues Iranians held hostage by pirates

07 Jan 2012

China, Japan, South Korea worried over new sanctions against Iran

07 Jan 2012

Obama’s new military strategy shifts focus to Asia-Pacific, Middle East

07 Jan 2012

‘War of Hormuz’ in offing as Iran, West up stakes

‘War of Hormuz’ in offing as Iran, West up stakes

07 Jan 2012

American and British officials have vowed to use force to unclog the international waterway while at the same time readying plans to use strategic oil stocks if Iran blocks the waterway

UK car sales fall 4.4% in 2011

06 Jan 2012

China uncovers $84-bn fudging in local government debt

04 Jan 2012

Property prices decline in 60 of China’s top 100 cities

04 Jan 2012

Singapore to cut politicians' pay by 30% from 21 May

Singapore to cut politicians' pay by 30% from 21 May

04 Jan 2012

Singapore’s politicians, the highest paid in the world will soon have to take a salary cut by at least a third, but they would still retain their top ranking as the highest paid politicians globally

India-Saudi trade touches $26 billion; new investments, JVs eyed

India-Saudi trade touches $26 billion; new investments, JVs eyed

04 Jan 2012

India’s exports to Saudi Arabia increased from $2.59 billion in 2006-07 to $5.22 billion in 2010-11 while its imports from that country increased from $13.35 billion in 2006-07 to $20.38 billion in 2010-11

Nigeria withdraws fuel subsidies amid fears of labour unrest

02 Jan 2012

China looks at capital account convertibility of renminbi

China looks at capital account convertibility of renminbi

02 Jan 2012

A fully convertible renminbi would allow free capital flows into China, hopes to challenge the dollar as the world's reserve currency

UK mortgage debt softens by another 8.6 billion

31 Dec 2011

Yields at fresh bond auction dash Italy’s hopes of quick economic recovery

30 Dec 2011

UK government asked to leverage potential of farming

30 Dec 2011

China shifts FDI focus to hi-tech areas

30 Dec 2011

China’s factory output down in December amid negative cues

China’s factory output down in December amid negative cues

30 Dec 2011

China's economy is slowing down for a fourth successive quarter, easing further from the first quarter's 9.7 per cent to below 9 per cent in the final three months

UK unemployment seen at its worst in 20 years in 2012

29 Dec 2011

Eurozone banks park record cash with ECB

29 Dec 2011

Workers at LG plant in China strike over bonus

28 Dec 2011

UK workers’ living standards slump 28 % in four years

28 Dec 2011

German companies upbeat amidst euro crisis

28 Dec 2011

Deflation returns to Japan as production drops

28 Dec 2011

Zardari vows to battle on as Pakistan President

28 Dec 2011

Morgan Stanley to cut 580 jobs in New York City

28 Dec 2011

UK could relapse into recession, faces bleak 2012: think tank

27 Dec 2011

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