World economy

China's forex reserves touch $3.2 trillion

China's forex reserves touch $3.2 trillion

12 Jul 2011

China's foreign exchange reserves soared 30.3-per cent year-on-year to hit $3.2 trillion by the end of June, an increase of $157 billion over the past three months.

Major economies signal slowdown: OECD

12 Jul 2011

China's June imports at 20-month low

11 Jul 2011

Europe mulls curbing influence of “big three” rating agencies

09 Jul 2011

Chinese govt targets fake goods’ manufacturers, plans complaint centers

09 Jul 2011

US consumers take on more debt, up credit card use

09 Jul 2011

Debt contagion feared to hit Spain and Italy

09 Jul 2011

IMF approves €3.2-bn loan to Greece

IMF approves €3.2-bn loan to Greece

09 Jul 2011

The joint loan with the EU gives policy makers time come out with a second rescue package and avert the first sovereign default in the euro region

China's June CPI index touches three-year high of 6.4 per cent

09 Jul 2011

Global financial crissis raises Europe's suicide rates

09 Jul 2011

Buffett bets heavy on expansion; discounts second recession

09 Jul 2011

German exports record stronger-than-expected recovery in May

08 Jul 2011

China raises interest rate by 25 bps for the third time this year

08 Jul 2011

The Queen is broke; long live the Queen!

The Queen is broke; long live the Queen!

07 Jul 2011

The official Buckingham Palace report claimed that as well as postponing projects, the Queen has tried to balance the books with increased revenues from her estate

Syria: A gullible West and the demonisation of Assad

Syria: A gullible West and the demonisation of Assad

06 Jul 2011

The Western media and governments fail to realise that the rebellion in Syria - one of the most liberal Arab nations - is being largely fomented by foreign-backed extremists whose goal is a far cry from democracy, says veteran TV journalist Waiel Awwad, South Asia bureau chief,  Alarabiya News Channel, who has covered several conflicts

Australian central bank keeps interest rate at 4.75 %

05 Jul 2011

Grant’s is world’s third largest Scotch whisky by retail value

05 Jul 2011

Scotch is now ‘Made in Scotland’ only!

Scotch is now ‘Made in Scotland’ only!

05 Jul 2011

India has granted 'geographical indication of origin' status to ‘Scotch Whisky’, a legal protection that formally recognises that as a product ‘Scotch Whiskey' can only be made in Scotland.

Chinese banks could face negative credit outlook: Moody's

Chinese banks could face negative credit outlook: Moody's

05 Jul 2011

China's local government debts may exceed the state auditors' estimates by a $540 billion Moody's Investors Service said today

US June manufacturing data posts better-than-expected results

02 Jul 2011

Hendra virus horse death resurfaces in Australia

02 Jul 2011

Iran may halt crude supplies to India in August

Iran may halt crude supplies to India in August

01 Jul 2011

Escalating matters on a payments dispute, Iran has warned India it will stop crude oil supplies from August if a long simmering dispute over payment for crude oil imports was not resolved soon.

Japan implements compulsory power cuts for the first time in 37 years

01 Jul 2011

UK enacts new anti-graft law; bribe-givers face 10-yr sentence

UK enacts new anti-graft law; bribe-givers face 10-yr sentence

01 Jul 2011

Even as the Indian government does its best to dilute a proposed anti-graft bill, the UK has put into place a stringent law against bribery

Japan's business confidence at its lowest level, recovery seen by year end

01 Jul 2011