World economy

Japan unveils $1.11 trillion draft budget

Japan unveils $1.11 trillion draft budget

27 Dec 2010

Japan is fighting to cut back its huge public debt — the highest among developed nations — which stands at around 194 per cent of the gross domestic product

Its BRICS now, as S.Africa gets the invite

Its BRICS now, as S.Africa gets the invite

25 Dec 2010

The four-nation formation of Brazil, Russia, India and China (BRIC) now adds a fifth member, South Africa, to the group adding another initial to its acronym to become BRICS.

Ireland nationalises Allied Irish Banks, injects €3.7 bn

Ireland nationalises Allied Irish Banks, injects €3.7 bn

24 Dec 2010

The high court has ordered AIB to delist its shares from the main securities market of the Irish Stock Exchange (ISE) as well as the London Stock Exchange, and apply for listing in the junior enterprise securities market of ISE

China ready to invest €4-5 billion in Portuguese bonds: report

China ready to invest €4-5 billion in Portuguese bonds: report

23 Dec 2010

China, the nation with a swollen foreign currency basket, is prepared to buy Portuguese sovereign debt to the tune of €4 billion to €5 billion to help the debt-laden European nation to prop up its struggling economy

Japan may sink into recession, say analysts

21 Dec 2010

China building 24 new projects on Brahmaputra

China building 24 new projects on Brahmaputra

21 Dec 2010

Intelligence agencies have reported dozens of new projects, possibly hydro-power projects, coming up on Chinese side of the Brahmputra

Obama passes tax cuts with Republican backing

20 Dec 2010

EU agrees to set up permanent rescue fund

18 Dec 2010

Unemployment in UK crosses critical 2.5 million mark

17 Dec 2010

IMF approves first tranche of €22.5-bn loan to Ireland

IMF approves first tranche of €22.5-bn loan to Ireland

17 Dec 2010

The IMF yesterday approved a €22.5-billion loan programme for Ireland as part of the €85-billion international rescue package to support the nation’s banking system and restore its public finances

Spain’s €2.4-bn bond sale drives up borrowing costs

17 Dec 2010

Spain goes in for bond sale as credit risk downgrade looms

16 Dec 2010

India, China sign 49 MoUs to boost economic ties

16 Dec 2010

No agreement yet at European summit

16 Dec 2010

Nomura: China, India to account for half of world growth in 2011

16 Dec 2010

Euro area recovering, but major reforms needed: OECD

15 Dec 2010

Wen visit: Thorny issues to be swept under the carpet

Wen visit: Thorny issues to be swept under the carpet

13 Dec 2010

Bringing along a group of 400 businessmen, Wen is slated to oversee signing of over 45 business deals between Indian and Chinese companies, worth over $20 billion, and cutting across sectors from power to pharmaceuticals

IMF postpones Irish rescue deal until 16 December

13 Dec 2010

UK court rules in favour of pension regulator over creditors

11 Dec 2010

Hope at Cancun after crucial breakthroughs

11 Dec 2010

US, China, Canada trade figures reveal firm trends in global economy

US, China, Canada trade figures reveal firm trends in global economy

11 Dec 2010

Trade data from China, the United States and Canada released on Friday show that global economy is firing on all cylinders.

China hikes banks' reserve ratio by 50 bps to 19 per cent

10 Dec 2010

Corruption on the rise the world over: Transparency International

10 Dec 2010

China agrees to resolve ‘stapled visa’ issue

10 Dec 2010

Heavy snow freezes Europe, disrupts transportation

09 Dec 2010

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