World economy

Hurricane Irene devastates parts of US East Coast

29 Aug 2011

Conflicting reports about clashes near Damascus mosque

27 Aug 2011

UN chief calls for deployment of police force to Libya

27 Aug 2011

UK second quarter growth dips to 0.2 per cent

26 Aug 2011

Bank of America dips into Warren Buffett's Berkshire for $5-billion bailout

Bank of America dips into Warren Buffett's Berkshire for $5-billion bailout

26 Aug 2011

Besides the $5 billion investment in BofA's cumulative perpetual preferred stock, Berkshire Hathaway will also receive 10-year warrants allowing it to purchase 700 million of common stock at $7.14 per share.

Japanese prime minister Naoto Kan steps down

Japanese prime minister Naoto Kan steps down

26 Aug 2011

Kan, Japan's sixth prime minister in five years, has been in office for hardly 15 months.

Study ties climate shift to civil strife in tropical countries

25 Aug 2011

Australian unions call for interest rate cuts to spur manufacturing

25 Aug 2011

South Africa opposes US resolution on Libyan assets

25 Aug 2011

Switzerland, UK agree to end dispute over tax evasion

25 Aug 2011

Japan’s Yen climbs despite Government's new measures

25 Aug 2011

Libya to hold elections in eight months: NTC chairman

25 Aug 2011

Number of graduates in low skill work force rises in UK

24 Aug 2011

China may achieve a trade balance next year

24 Aug 2011

Japan announces $100-bn credit facility to help companies combat rising yen

24 Aug 2011

Moody’s cuts Japan’s rating amid soaring debt, political turmoil

Moody’s cuts Japan’s rating amid soaring debt, political turmoil

24 Aug 2011

Hours after the downgrade, the government announced a $100 billion credit facility to help the Japanese economy ride out a spike in the yen in recent weeks amid the global market turmoil, which has battered Japan’s export-led economy

US Fed secretly lent $1.2 trillion to top banks during crisis

US Fed secretly lent $1.2 trillion to top banks during crisis

23 Aug 2011

Fed chairman Ben Bernanke secretly advanced as much as $1.2 trillion of public money to top US and European banks, dwarfing the $160 billion in public bailouts.

UK economic growth weakest among G7, barring Japan

23 Aug 2011

Britain's household finance index drops to record low

22 Aug 2011

US won't default on debt: Biden tells China

22 Aug 2011

Tobin tax would spell 'economic suicide' for the UK: Michael Spencer

22 Aug 2011

India to clear oil debt to Iran by end-August

22 Aug 2011

India, South Africa mulling ban on chrome ore exports to China

22 Aug 2011

No immediate quick fix to debt worries from Merkel - Sarkozy summit

17 Aug 2011

UK holds bank rates steady as inflation rises

17 Aug 2011

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