World economy
Yuan at record high as US Congress set to review policy
13 Sep 2010
Adept at dodging impending action against them China allowed its currency to rise to a record high against the dollar with the US Congress all set to discuss Beijing’s currency policy on 15-16 September.
UK unions to fuel autumn of discontent
13 Sep 2010
The UK’s trade unions are likely to announce an all-out assault on the government's spending cuts programme at their annual meet, which begins in Manchester today.
Global regulators tighten banking rules to avert 2008-type financial collapse
13 Sep 2010
Under the agreements reached yesterday, the minimum requirement for common equity, the highest form of loss absorbing capital, will be raised from the current 2 per cent to 4.5 per cent after the application of stricter adjustments
Japan unveils new $10.9-bn stimulus package
13 Sep 2010
Continuous advancements in the currency against the US dollar has adversely affected the business sentiments of the export-dependent global economic giant, which was pushed to a third place by China in the second quarter of 2010
Japan, India strike broad agreement on free trade
11 Sep 2010
Japan and India have struck a broad agreement on an economic partnership agreement that will see drastic reduction in tariffs between the two nations over a decade.
Rudd is new Australian foreign minister
11 Sep 2010
Australian PM Julia Gillard announced her new ministry bringing Kevin Rudd back into her government as the new foreign affairs minister.
World oil demand to rise to 86.6 mbpd in 2011: OPEC
11 Sep 2010
More than 90-per cent of growth is attributed to non-OECD countries, mainly China, India, the Middle East, and Latin America in all the quarters, with more strength in the second half of the year.
India slips two positions to 51st in global competitiveness ranking
09 Sep 2010
The World Economic Forum’s annual review of the competitiveness of countries places India at the 51st rank, down two positions from last year.
UK manufacturing records healthy growth in July
09 Sep 2010
French pension reforms invites union wrath
07 Sep 2010
China, India to be top M&A targets till 2012: UNCTAD
07 Sep 2010
M&A activities of trans-national corporations are due for a rebound says an UNCTAD survey, with China, India and Brazil as the top three destinations.
China, India to be top M&A targets till 2012: UNCTAD
07 Sep 2010
M&A activities of trans-national corporations are due for a rebound says an UNCTAD survey, with China, India and Brazil as the top three destinations.
Global warming: Northern countries to be economic power houses
By By Meg Sullivan | 07 Sep 2010
As global pressures mount, the New North — Canada, Scandinavia, Russia and the northern US — will become formidable economic powers to prosper economically in the 21st century, says new research
New Chinese labour laws may force flight of foreign investment
07 Sep 2010
Overseas companies could pull out of China as cheap labour was one of the prime reasons that made them invest in the country in the first place
EU nations to decide on IMF board presence
06 Sep 2010
European nations are scrambling to protect their seats on the board of the IMF after facing a fait accompli served by the USA which has refused to extend the tenure of an expanded board.
UK engineering sector sees resurgence
06 Sep 2010
G20 pushes the growth agenda
04 Sep 2010
G20 will meet again on Sunday to discuss issues, including reform in the global financial regulatory framework.
Roubini outlines the “new normal”
03 Sep 2010
Prof Roubini has said decoupling expectations will flop as US economic slowdown impacts China, Japan and the euro zone and that it would still feel like recession even without a double dip.
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