World economy
![China makes record purchases of Japanese debt China makes record purchases of Japanese debt](/finance/general/images/currency_symbol_yen_domain-b.gif)
China makes record purchases of Japanese debt
09 Aug 2010
China was a net buyer of Japanese bonds for a sixth straight month in June which is the biggest annual increase on record dating from 2005.
![Brazilian steel maker Gerdau hikes 2010-14 capex plan to $6.3 billion Brazilian steel maker Gerdau hikes 2010-14 capex plan to $6.3 billion](/industry/Steel/images/gerdau_steel_sm_domain-b.jpg)
Brazilian steel maker Gerdau hikes 2010-14 capex plan to $6.3 billion
09 Aug 2010
The company is one of the major suppliers of speciality long steel in the world and reported a turnover of $15.2 billion in 2009
![Mukesh Ambani, Subrata Roy bid for Liverpool FC Mukesh Ambani, Subrata Roy bid for Liverpool FC](/economy/worldeconomy/images/liverpool_sm_domain-b.jpg)
Mukesh Ambani, Subrata Roy bid for Liverpool FC
06 Aug 2010
The battle for control of the legendary Anfield-based Liverpool Football Club has apparently intensified with Indian billionaires Mukesh Ambani and Subrata Roy jumping into the fray.
![I came. I saw. I came. I saw.](/people/writers_columnists/richard_quest/images/richard_quest_sm_domain-b.jpg)
I came. I saw.
06 Aug 2010
One of the huge challenges facing the Greek authorities is the size of the shadow economy. By some studies up to 30 per cent of business is done off the books avoiding regulation and taxes. By Richard Quest, CNN anchor/ correspondent
![Yen hits an 8-month high of 85.32 against dollar Yen hits an 8-month high of 85.32 against dollar](/economy/worldeconomy/images/japan_flag_sm_domain-b.jpg)
Yen hits an 8-month high of 85.32 against dollar
04 Aug 2010
The rising yen battered export-related stocks on worries that a strong yen could undermine Japan's exports, pushing Japan's Nikkei stock index down 2.1 per cent.
![UK delegation makes impressive last stand in Delhi UK delegation makes impressive last stand in Delhi](/economy/Govt_Policies/images/indian_and_uk_pm_sm_domain-.jpg)
UK delegation makes impressive last stand in Delhi
30 Jul 2010
Even as he made an impressive pitch for investing in the UK, visiting prime minister, David Cameron, also asked Delhi not to succumb to forces of economic nationalism that threaten to damage the world trading system.
![Global shipping to rebound in 2010-11 as economy recovers Global shipping to rebound in 2010-11 as economy recovers](/economy/worldeconomy/images/ihs_logo_sm_domain-b.jpg)
Global shipping to rebound in 2010-11 as economy recovers
30 Jul 2010
World trade by all modes of transportation will register growth in 2010 and 2011 as international trade volumes continue to increase in step with global economic recovery, suggests a report.
![Stressful time all round Stressful time all round](/finance/banks/images/richard_quest_sm_domain-b.jpg)
Stressful time all round
27 Jul 2010
"Are Europe’s banks really okay? I think I know the answer to that - yes, they are strong and getting stronger - but the truth is, even after all the song and dance over the stress tests, who knows?" By CNN anchor / correspondent Richard Quest, in his exclusive column on domain-b
LatAm trade missing the Indian market: study
27 Jul 2010
![EU, Canada hammer Iran with fresh sanctions EU, Canada hammer Iran with fresh sanctions](/economy/worldeconomy/images/tehran_monument_sm_domain-b.jpg)
EU, Canada hammer Iran with fresh sanctions
27 Jul 2010
The decision provides a comprehensive package of sanctions in the areas of trade, financial services, energy, transport as well as additional designations for visa ban and asset freeze
![Chinese banks may write off nearly $253-bn in bad loans Chinese banks may write off nearly $253-bn in bad loans](/finance/banks/images/china_flag_domain-b.gif)
Chinese banks may write off nearly $253-bn in bad loans
27 Jul 2010
During the onset of the global recession Chinese banks went on an unprecedented lending spree despite warnings from top economists that many of these loans may go bad
![Europe's banking sector clears stress tests Europe's banking sector clears stress tests](/finance/banks/images/euro_money_sm_domain-b[1].jpg)
Europe's banking sector clears stress tests
24 Jul 2010
All the biggest European banks passed the CEBS stress test with seven small, unlisted government-controlled banks failing in results that were broadly as anticipated by experts.
China to lag US as FDI destination
24 Jul 2010
![Europe’s bank stress test results due today Europe’s bank stress test results due today](/economy/worldeconomy/images/euro_money_sm_domain-b.jpg)
Europe’s bank stress test results due today
23 Jul 2010
In a few hours Europe’s bank stress test results will be out revealing to investors around the world which of its banks would fail under certain market conditions and which would survive.
![Fed delivers a downbeat assessment of US economy Fed delivers a downbeat assessment of US economy](/economy/worldeconomy/images/ben_bernanke22_sm_domain-b.jpg)
Fed delivers a downbeat assessment of US economy
22 Jul 2010
Financial markets tumbled on Wednesday after US Federal Reserve chairman Ben Bernanke’s downbeat assessment of the US economic outlook, which he dubbed as "unusually uncertain."
![EU bank stress test markers EU bank stress test markers](/economy/worldeconomy/images/euro_money_sm_domain-b.jpg)
EU bank stress test markers
21 Jul 2010
Here are some markers that will guide responses on Friday when the EU releases results of the stress tests it has conducted on the banks of its member nations.
![Impending bank stress tests results make EU markets jittery Impending bank stress tests results make EU markets jittery](/economy/worldeconomy/images/european_union_logo_domain-.jpg)
Impending bank stress tests results make EU markets jittery
21 Jul 2010
European Union member nations are stress-testing a large number of their banks in an effort to reassure financial markets about their health and are due to publish the results on Friday.
Featured articles
![](/Uploads/Images/thumb_733d509d-493c-41e9-b429-1260d912bb91-Aerogel-Crayon.jpg)
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
![](/Uploads/Images/thumb_294b0bec-6ff0-43c9-9fbc-a14e7cc70fa5-COP28.jpg)
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
![](/Uploads/Images/thumb_97943c9b-6e8f-429b-b355-1d4502bac437-Ponzi-Money.jpg)
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
![](/Uploads/Images/thumb_0f8359a3-2528-4faf-86c9-707fb7bccc01-Hdfc-logo.jpg)
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
![](/Uploads/Images/thumb_dc6b9dcc-e31e-4574-82e7-928e089406e0-Finger_millet.jpg)
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
![](/Uploads/Images/thumb_e37827da-fafd-4991-8635-60fade3df34c-ICM.jpg)
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
Business History Videos
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_61209e69-fdfb-493a-add7-afc253731af7-YouTube-thumbnail-Hovercraf.jpg)
History of hovercraft Part 3...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_f5cfed27-cd8d-4644-9c6b-d1f3f64fb558-YouTube-thumbnail-Hovercraf.jpg)
History of hovercraft Part 2...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_1510a271-632f-46ba-846b-a761ccffe903-History-of-Hovercraft.jpg)
History of Hovercraft Part 1...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_b54c323b-99c2-47ed-9df1-06452504c83a-YouTube-thumbnail-Indian-tr.jpg)