World economy
NYT’s trillion dollar Afghan story runs into trouble
18 Jun 2010
A New York Times story on Afghanistan’s apparently vast mineral resources has come under fire for regurgitating old material and passing it off as new.
Japan rejigs growth strategy to emerge Asia-Pacific economic hub
18 Jun 2010
Japan's government today unveiled a new economic growth strategy to make Japan the nerve centre of a new Asia-Pacific free trade zone
Afghan mineral resources worth $3-trillion, says minister
18 Jun 2010
Hard on the heels of a report that Afghanistan’s untapped mineral resources were worth at least $1-trillion, an Afghan minister has said that at $3-trillion it is actually triple the US estimate.
India invested over $26 billion and created 60,000 jobs in US: study
16 Jun 2010
Indians made 127 greenfield investments, creating an additional 16,576 jobs in the US over a five-year period ending 2009, according to the study.
India to extend $1-billion credit to Sri Lanka
10 Jun 2010
India will extend a credit of $1 billion for funding Sri Lanka’s infrastructure projects, mainly in the former civil war zones in the north and east of the country
Goldman Sachs subpoenad for stonewalling inquiry
08 Jun 2010
Foxconn announces second pay rise in China
07 Jun 2010
Chinese bank to raise $30 billion in world's biggest IPO
05 Jun 2010
Though it did not disclose the issue price, reports say it would be the world’s largest IPO, overtaking the $21.9 billion raised by the Industrial & Commercial Bank of China in 2006
US deficit nears 90 per cent of GDP at $13 trillion
03 Jun 2010
US national debt has increased by nearly $2.4 trillion since Obama took office in January 2009.
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