World economy

Arab League calls for emergency meeting to discuss Libya, Syria crises

21 Mar 2011

Libyan rebels advance under Western air cover

Libyan rebels advance under Western air cover

21 Mar 2011

Western powers claim the air strikes have almost neutralised Libyan air defences

European banks to undergo tougher stress tests, but pass marks not set

19 Mar 2011

Libya offers “direct oil block contracts” to India

Libya offers “direct oil block contracts” to India

19 Mar 2011

Libya has said it will award ‘direct oil block contracts’ to India, China and others, after these nations refused to vote for a UNSC resolution seeking to impose a no-fly zone over this North African nation.

Recovery to be sluggish for UK: OECD

19 Mar 2011

British consumer confidence plunges to new lows

19 Mar 2011

Japan plans to commit $127 billion towards crisis lending to business

Japan plans to commit $127 billion towards crisis lending to business

19 Mar 2011

The Japanese government has plans to allocate up to ¥10 trillion ($127 billion) towards crisis lending to help businesses tide over the challenges of day-to-day operations and repair damage from the deadly earthquake and tsunami

PM backs lower stamp duty on property deals

PM backs lower stamp duty on property deals

18 Mar 2011

One way of checking black money flows into realty is by reducing high rates of stamp duty, he said

Libya declares ceasefire after Security Council resolution

Libya declares ceasefire after Security Council resolution

18 Mar 2011

Armed with the UN mandate, France and other Western powers are preparing for possible air strikes against Libyan forces

Bank of England’s Bean says inflation to be moderately above target

18 Mar 2011

China raises banks' reserve ratio by 50 basis points to 20 per cent

18 Mar 2011

‘We can handle it’ says Japan, spurns G7 intervention

17 Mar 2011

Japanese Emperor hopes situation does not turn worse

17 Mar 2011

LNG spot prices to spurt as Shell diverts stocks to Japan

16 Mar 2011

Bill in US Senate to help non-resident investors

Bill in US Senate to help non-resident investors

15 Mar 2011

Two senior senators have introduced a bipartisan legislation aimed at boosting entrepreneurship in the US “to drive job creation and increase America's global competitiveness"

GCC troops enter Bahrain as protests spread

14 Mar 2011

China displaces US as world's top manufacturing nation

14 Mar 2011

Obama urges Mid-East reforms, cites India and China

Obama urges Mid-East reforms, cites India and China

12 Mar 2011

Ultimately, it is for the people in those countries to determine the best form for them to seize this opportunity, he said.

India, China, Brazil driving global oil demand: Obama

12 Mar 2011

Japan declares emergency at n-plants; 45000 evacuated

Japan declares emergency at n-plants; 45000 evacuated

12 Mar 2011

Japan has declared emergencies at two nuclear plants whose power systems were knocked out by a massive earthquake, which also generated a tsunami that has killed as many 1,000 people.

Asian stocks tank as Russia, Indonesia, Philippines issue tsunami alerts

11 Mar 2011

No tsunami alert for India

11 Mar 2011

Massive 8.9 quake, tsunami hits Japan, entire Pacific coast on alert

Massive 8.9 quake, tsunami hits Japan, entire Pacific coast on alert

11 Mar 2011

A 10-metre tsunami hit north-east Japan today after a massive 8.9 magnitude quake, sweeping away everything in its path, including houses, cars and boats, according to reports.

Moody’s strikes Spain, cuts credit rating

Moody’s strikes Spain, cuts credit rating

11 Mar 2011

Three days after downgrading debt-laden Greece, Moody’s yesterday cut its rating on Spain, euro zone’s fourth-largest economy, rekindling concerns of a continuing European credit crisis

China records $7.3-bn trade deficit for February

China records $7.3-bn trade deficit for February

11 Mar 2011

In a development that surprised analysts, China’s trade balance swung to a deficit of $7.3 billion in February

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