World economy

China makes record purchases of Japanese debt

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

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

Social networking drains UK employers £14 billion a year

06 Aug 2010

Mukesh Ambani, Subrata Roy bid for Liverpool FC

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.

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

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.

India's Q1 trade deficit rises over 37 per cent to $32.27 billion

02 Aug 2010

Chinese manufacturing output contracts for first time in 17-months

02 Aug 2010

US bank failures reach 108 in 2010 as FDIC takes over 5 more

31 Jul 2010

UK delegation makes impressive last stand in Delhi

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

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.

Cameron to offer direct say to New Delhi in Britain's new policy

28 Jul 2010

Stressful time all round

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

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

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

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, Singapore sign 150-billion yuan currency swap deal

24 Jul 2010

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

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.

UK automobile industry maintains recovery trend in June 2010

23 Jul 2010

Fed delivers a downbeat assessment of US economy

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."

Obama signs Wall Street financial reform into law

22 Jul 2010

EU bank stress test markers

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

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.

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