World economy

Shale gas industry to have huge impact on US economy: Study

07 Dec 2011

China’s foreign trade contains ‘unsustainable’ elements: Government white paper

07 Dec 2011

Income inequality at its widest in 30 years: OECD

Income inequality at its widest in 30 years: OECD

06 Dec 2011

The widening of the income gap has been the result of deliberate action, including cuts in social spending and reduction in taxes on the wealthy

IMF to disburse €2.2 billion in stand-by credit to Greece

06 Dec 2011

S&P warns of mass downgrade of euro zone countries

S&P warns of mass downgrade of euro zone countries

06 Dec 2011

The rating agency has threatened to downgrade 15 countries, including top-rated Germany and France, putting pressure on leaders to act.

Putin’s party suffers setback in Russian elections

05 Dec 2011

Italian PM Monti to lobby parliament for €30-bn spending cuts

Italian PM Monti to lobby parliament for €30-bn spending cuts

05 Dec 2011

Italy’s new PM Mario Monti is expected to lobby parliament to support a €30-billion package of austerity and growth measures to cut the euro-region’s second- biggest debt and prevent Italy from precipitating the euro’s breakup

Fuel poverty hits people hard in parts of UK: Study

05 Dec 2011

China rules out use of forex reserves to bail out Europe

03 Dec 2011

Workers strike in China hits Singapore electronics firm

03 Dec 2011

Bank of England calls for cuts in dividend, bonus

02 Dec 2011

Merkel not to back expanded role for ECB

02 Dec 2011

US House approves bill seeking faster green cards for Indian tech professionals

01 Dec 2011

China reduces banks’ reserve requirements to spur flagging growth

01 Dec 2011

Central banks unite to stave off euro crisis; markets buoyed

Central banks unite to stave off euro crisis; markets buoyed

01 Dec 2011

Led by the US Fed, the European Central Bank and the central banks of Japan, Britain, Canada and Switzerland acted jointly on Wednesday to provide cheaper dollar funding to European banks facing a credit crunch

UK public sector workers strike work

30 Nov 2011

Japan’s industrial production up 2.4 per cent in October

30 Nov 2011

China raises poverty threshold to 2,300 yuan

30 Nov 2011

US ready to help resolve euro zone debt crisis, says Obama

29 Nov 2011

Bloomberg report questions Fed role in 2008 crisis

29 Nov 2011

Foreign investors pull out $2.7 billion from emerging markets in one week: EPFR

29 Nov 2011

Black Friday weekend expected to unleash shopping frenzy from today

28 Nov 2011

China looking to invest in US, European infrastructure

China looking to invest in US, European infrastructure

28 Nov 2011

China’s sovereign wealth fund is looking to invest in improving US and European roads and other infrastructure to spur global growth

Britain preparing emergency plans for eurozone collapse

Britain preparing emergency plans for eurozone collapse

28 Nov 2011

Britain is in the process of developing emergency plans for the collapse of the ‘creaking’ Eurozone as warnings of a debt-stricken Italy needing £500 billion bailout involving billions of pounds of UK taxpayers’ money are getting increasingly louder

France and Germany seek changes in EU treaties

France and Germany seek changes in EU treaties

25 Nov 2011

Germany has declined to be drawn into playing a bigger role in solving Europe’s debt crisis as called for by the European Central Bank (ECB)

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