World economy

No moves to correct yuan valuation: China

No moves to correct yuan valuation: China

09 Feb 2010

Chinese minister, Zhong Shan, has said there are no moves to correct valuation of the Yuan, and that movement in a wider band would depend on China's economic development and broader economic conditions.

Dubai World receives $6 billion in state aid

Dubai World receives $6 billion in state aid

08 Feb 2010

Troubled wealth fund Dubai World has received a $6.2 billion infusion from state-sponsored Dubai Financial Support Fund.

East India Company again to trade in tea, coffee in London

08 Feb 2010

Australia shifts immigration policy focus to higher skills

08 Feb 2010

Australian government withdraws bank deposit guarantees

08 Feb 2010

Dexia approves EU restructuring plan

08 Feb 2010

US: Getting a grip on false economy

US: Getting a grip on false economy

06 Feb 2010

US president Barack Obama’s freshly announced policy to double US exports over the next five years would rely mainly on government promotional efforts to yield results, rather than focus on currency wars with China.

Regulators call for increased lending to small businesses

06 Feb 2010

US jobless rate down to 9.7 per cent in January

06 Feb 2010

China’s currency manipulation: US floats on hope

China’s currency manipulation: US floats on hope

06 Feb 2010

US officials may have adopted the ‘hopeful’ route to resolving the problem of getting China to stop manipulating its currency with Treasury secretary Timothy Geithner saying it was “quite likely” that Beijing would allow its currency to appreciate.

New US jobless claims jump to 480,000

05 Feb 2010

Obama compensation czar powerless against AIG’s past payout guarantees

04 Feb 2010

US builds pressure on China over currency manipulation

US builds pressure on China over currency manipulation

04 Feb 2010

China has responded to an American accusation that it was artificially deflating the value of its currency by saying it would not bow to pressure from the US to revalue its currency.

Two more huge gas field discoveries boost value of Israeli prospects

04 Feb 2010

Dubai announces discovery of new offshore oil field

04 Feb 2010

US treasury to sell $81 billion in securities next week

04 Feb 2010

Yuan’s undervaluation to figure at G-7 meet

Yuan’s undervaluation to figure at G-7 meet

03 Feb 2010

With China recording scorching growth and advanced nations registering meagre or zero growth, the communist nation’s hugely undervalued currency, the yuan, is due to come up for discussion at this week’s G-7 meet.

India and Sweden to cooperate in healthcare

02 Feb 2010

Research links global money supply and inflation expectations to gold prices

02 Feb 2010

Obama’s 2011 budget – playing the deficit game

02 Feb 2010

India begins free trade talks with New Zealand

01 Feb 2010

China says provinces cook up GDP figures

China says provinces cook up GDP figures

01 Feb 2010

The  head of China's National Bureau of Statistics said over the weekend that the country's provincial governments may be rigging their growth statistics

Euro zone unemployment at 10%, hits 11-year high

Euro zone unemployment at 10%, hits 11-year high

30 Jan 2010

Unemployment in the 16-member euro zone hit 10 per cent in December 2009, the worst since August 1998, according to EU statistics office, Eurostat.

PM likely to visit Saudi Arabia in February or March

30 Jan 2010

US economy shoots up as GDP grows 5.7 per cent in Q4

US economy shoots up as GDP grows 5.7 per cent in Q4

30 Jan 2010

The US economy, which last year faced its biggest annual decline since 1946, registered its strongest growth since 2003 in the final months of 2009