World economy
Global economy to expand faster than expected; risks overshadow recovery: IMF
08 Jul 2010
In the backdrop of the stronger than expected growth especially in Asian and other emerging markets, the IMF raised its global growth forecast to 4.6 per cent, up from its 4.2 per cent April projection
India voices concern over China-Pakistan rail link proposal
07 Jul 2010
China is reported to be planning to build rail link to Pakistan via Gilgit-Baltistan region in Pakistan-occupied Kashmir (PoK), so as to extend its reach to the Arabian Sea
Global chip sales rise in May: SIA
07 Jul 2010
The global chip industry that saw a steep decline during the global recession last year hasnow gained momentum driven by sales from China and India
India a strategic partner, says Chinese premier Wen Jiabao
06 Jul 2010
The effort to deepen the ties comes at a time when both the countries are seen to be enjoying an upturn in their relationship.
IMF agrees to $14.9-bn stand-by arrangement for Ukraine
06 Jul 2010
Ukraine must make fiscal adjustment to contain the 2010 consolidated general government deficit to 5½ per cent of GDP in 2010 and 3½ per cent in
Asian industry slows down, but no serious concerns
03 Jul 2010
The lowering of output in China and the slowing of growth in Japan, South Korea, India and Taiwan would suggest an easing of manufacturing growth in the Asian region.
Poor US jobs report sends recovery hopes reeling
03 Jul 2010
A poor jobs report in the US for June is yet another indicator that economic recovery is slowing with employers cutting 125,000 jobs last month, the most since October.
US acquisitions by Indian cos at nearly $4bn in H1 2010
02 Jul 2010
US-bound acquisitions by Indian companies in the first half of 2010 have exceeded all projections, with twice the deal volume and eight times the deal value of 2009 first half transactions.
US releases spectrum for “wireless broadband revolution”
01 Jul 2010
US president Barack Obama has unveiled a plan that aims to nearly double the amount of commercial spectrum during the next 10 years, providing massive access to broadband technology.
Victory for Boeing as WTO rules Airbus subsidies unfair
01 Jul 2010
The United States won an “important victory” in a World Trade Organisation ruling that Airbus, the European plane maker, had benefited from four decades of improper subsidies.
China to pursue current policy course: Wen
30 Jun 2010
Gold continues to rise amid recessionary fears
30 Jun 2010
Oil on longest downward spiral in six weeks
30 Jun 2010
UN report calls for replacement of dollar as international standard
30 Jun 2010
The dollar has proved to be an unreliable international currency and should be replaced by a more stable system, says a UN report.
Fears over global recovery as Asian stocks, crude fall
30 Jun 2010
Heightened concerns that global recovery may be faltering saw Asian stocks drop the most in more than two weeks, oil fall for a third straight day and Asian currencies weaken the most.
China phone user numbers cross 1.1 billion
29 Jun 2010
BIS warns of asset bubbles, inflation in emerging nations
29 Jun 2010
Emerging economies may need to raise interest rates and allow currency to appreciate as liberal monetary policies will spur inflation and asset bubbles, the Bank for International Settlements has said.
EU survey confirms fears over China’s ‘unfair’ policies
29 Jun 2010
European companies say increasingly unfair, capricious Chinese government interference is making China a less attractive place to do business, according to a survey by a EU business group.
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