World economy
Summers’ vacation at the White House is over
22 Sep 2010
Lawrence Summers, US president Barack Obama’s top economic advisor will step down from his post after November's mid-term elections, the White House announced Tuesday.
WTO sees global trade expanding 13.5 per cent in 2010
21 Sep 2010
Following faster than expected recovery in trade flows so far this year, WTO has revised upwards its March projection of a 10 per cent growth in 2010 world trade to 13.5 per cent now.
India third most powerful nation: US report
21 Sep 2010
A joint US-European study lists India as the third most powerful country in the world after the US and China and the fourth most powerful entity after the US, China and the European Union
US cedes top spot to Brazil-China-India as investment destination: poll
21 Sep 2010
The United States now lags emerging markets in Brazil, China and India as a preferred place for investment, a Bloomberg quarterly Global Poll reports.
A$5-bn rail float gets Queensland's nod
20 Sep 2010
Joe Biden reports on 100 Recovery Act projects changing America
18 Sep 2010
The programme aims at `Transforming the American Economy Through Innovation.'
IMF to hike quota for China; raise $8 billion for lending to poor countries
18 Sep 2010
The IMF is also likely to increase the quota for other emerging nations such as India, South Korea, Indonesia and Brazil.
Gold at record high
18 Sep 2010
Gold prices ended the week at a record high of more than $1,280 a troy ounce amid speculation that central banks around the world would launch another round of monetary easing.
India bids for non-permanent seat at UNSC next week
18 Sep 2010
The United Nations assumes centre stage for India in the coming week as voting takes place for the non-permanent seat to the Security Council for the period 2011-12 and broader reforms are also discussed.
Quake, rockets strike Afghanistan on poll day
18 Sep 2010
Afghanistan experienced an earthquake and a bout of rocket attacks by the Taliban even as it saw commencement of voting for a new parliament.
Singapore boosts research spending to $12 bn
18 Sep 2010
EU to develop free trade pact with South Korea
17 Sep 2010
The deal is expected to serve as a model for EU for similar bilateral trade treaties that are under development with other Asian and South American nations
Indian, Chinese firms neck-and-neck in Forbes’ Fab 50 list
16 Sep 2010
China and India have tied for top place with 32 companies, or over 60 per cent of the firms on Forbes Asia's Fabulous 50 List, an annual compilation of the best and most profitable 50 big public companies in the region.
Japan larger buyer of US Treasuries than China
15 Sep 2010
Japan intervenes to check yen appreciation
15 Sep 2010
Japan stepped into the currency markets for the first time in almost six years to sell the yen and buy dollars in a bid to check the soaring value of the yen which was badly hurting the economy.
Indian IT a big job creator in US: Sharma
15 Sep 2010
China tells foreign companies to stop whining
14 Sep 2010
In the face of persistent claims by foreign companies and their governments that the pitch is queered for their businesses, China has brusquely responded by asking them to stop whining.
For Japan’s PM, time to confront issues
14 Sep 2010
Having defeated party challenger Ichiro Ozawa, Japanese prime minister Naoto Kan now faces the sticky task of tackling a long list of woes afflicting his country.
Naoto Kan retains Japan’s premiership, defeats Ozawa
14 Sep 2010
In a political face-off Japan's prime minister, Naoto Kan, warded off a challenge from party colleague, Ichiro Ozawa, to retain his position as prime minister of the country.
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