World economy

AIG repays nearly $4 billion of US government debt

24 Aug 2010

UK businesses warn against immigration caps

23 Aug 2010

UK think tank proposes to raise state pension starting age to 72

21 Aug 2010

UK government compensation scheme for rail-blighted houses draws flak

21 Aug 2010

US regulators take over 8 more banks; year's toll rises to 118

21 Aug 2010

China’s economic growth to flatten at 6-7 per cent: Rio Tinto CEO

China’s economic growth to flatten at 6-7 per cent: Rio Tinto CEO

20 Aug 2010

Rio Tinto’s CEO Tom Albanese predicts that China’s sizzling hot run in terms of economic growth will soon flatten to perhaps as low as 6 per cent in this decade itself.

US veto provides fillip to IMF reform

US veto provides fillip to IMF reform

20 Aug 2010

The United States has blocked a proposal to maintain status quo at the IMF’s executive board, a move that will now allow emerging economies to have a greater say at the institution.

China may join India in opposing new US visa norms

20 Aug 2010

US tells Pakistan to accept Indian aid

19 Aug 2010

Pakistan yet to decide on accepting aid from India

19 Aug 2010

US Fed removes anomaly which sparked sub-prime crisis

US Fed removes anomaly which sparked sub-prime crisis

18 Aug 2010

The US Federal Reserve finally moved to end a lending practice that was directly responsible for fuelling the housing boom and, subsequently, its collapse.

Young Britons my never be able to afford owning homes

17 Aug 2010

Pension incomes in Britain nearly halve: report

17 Aug 2010

China further reduces US Treasury holdings in June

16 Aug 2010

China overtakes Japan as world's second-largest economy in Q2-2010

China overtakes Japan as world's second-largest economy in Q2-2010

16 Aug 2010

China's economic output rose to $1.337 trillion in April-June 2010 even as Japan's GDP stood lower at $1.288 trillion, pulled down by a decline in exports on the back of a firmer yen.

Indian, Singaporean firms to invest $4.5 billion in Gabon

16 Aug 2010

Hospitals in UK spending large amounts to service debts

14 Aug 2010

German economy bounces back as exports boom

14 Aug 2010

Markets retreat on global economic fears

Markets retreat on global economic fears

14 Aug 2010

With fear gripping financial markets that global growth may be crimping, investors have dumped stocks and sought shelter in safe haven territory of the dollar, the yen and US Treasuries.

India offers Pak $5 million flood aid; but may be rebuffed

14 Aug 2010

Discouraged UK youth abandon seeking jobs: ILO study

Discouraged UK youth abandon seeking jobs: ILO study

12 Aug 2010

Discouraged young people  who havew abndoned job searches now are generally highly educated as compared to the pre-recession period when mostly low-skilled workers could not find work

US Fed moves to shore up faltering economy

US Fed moves to shore up faltering economy

11 Aug 2010

In another attempt to shore up a faltering economy the US Federal Reserve has decided to buy more government debt ensuring that money is not drained out of the financial system.

Exports bail major economies out of trouble

Exports bail major economies out of trouble

10 Aug 2010

Major economies, such as those of Britain, Germany, China and Taiwan, have all reported an impressive jump in exports, which are helping them kick-start growth after a bruising recession

Germany rides the export boom

Germany rides the export boom

10 Aug 2010

The euro zone economies may have just received their best news in months with Germany reporting the highest level of exports since October 2008, when a global recession kicked in.

China tells 2,000 companies to end over-production by September end

China tells 2,000 companies to end over-production by September end

09 Aug 2010

China’s drive to make its economic growth more orderly, now includes plans to shut outdated manufacturing capacity in more than 2,000 companies in 18 industries including cement, coking, iron, paper and dyeing by the end of September.

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