World economy

France extracts names of 3,000 French tax evaders from Switzerland

France extracts names of 3,000 French tax evaders from Switzerland

31 Aug 2009

The French tax authorities believe that the 3,000 suspected French tax evaders hold assets worth €3 billion in Swiss banks

IMF allocates $250 billion in SDRs to members

31 Aug 2009

Elderly in UK risking health as rising prices force cutbacks in heating costs: Study

29 Aug 2009

China overtakes Germany as the world’s largest exporter

China overtakes Germany as the world’s largest exporter

29 Aug 2009

With exports of $521.7 billion in the first half of 2009, China has become the world's largest exporter, overtaking Germany

Iceland to repay Icesave’s £3.5 billion debt to UK and Netherlands

29 Aug 2009

UBS study ranks Zurich and Geneva world’s most employee friendly cities

28 Aug 2009

After the US, now France breaches Swiss banking secrecy

After the US, now France breaches Swiss banking secrecy

28 Aug 2009

France struck a fresh blow to Switzerland’s banking secrecy yesterday as Berne agreed to give Paris the names of French citizens suspected of tax evasion

FDIC puts 416 US financial institutions on ‘troubled banks’ list

FDIC puts 416 US financial institutions on ‘troubled banks’ list

28 Aug 2009

The number of troubled banks in the US has risen to 416 at the end of June from 305 at the end of March, the highest level in 15 years

Japan’s jobless rate hits new high at 5.7 per cent

28 Aug 2009

Not doom and dismay everywhere

Not doom and dismay everywhere

27 Aug 2009

Having spent the depths of the recession in moribund Europe, it is a real surprise to find that it is not doom and dismay everywhere, says CNN London correspondent, Richard Quest, in this exclusive coloumn for domain-b

US Postal Service plans golden handshake for 30,000

26 Aug 2009

US deficit projected at $1.6 trillion

US deficit projected at $1.6 trillion

26 Aug 2009

Fuelled by president Barack Obama's $787-billion stimulus package and reduced tax revenues due to the recession, the US budget deficit is projected to  soar to almost $1.6 trillion this year

Bernanke gets a second term as Fed chief

Bernanke gets a second term as Fed chief

25 Aug 2009

Ben Bernanke, the man whose aggressive action to avert economic catastrophe after the financial meltdown, is back at the helm of the US Federal Reserve

India banking on a rainbow coalition for rule-based trade regime: Sharma

25 Aug 2009

Obama likely to extend Bernanke’s term

25 Aug 2009

FTAs emerge as prime movers of international trade with WTO talks in limbo

24 Aug 2009

ASEAN deal not a sell-out, says Pranab

24 Aug 2009

UK recession 'over' as business confidence jumps: study

UK recession 'over' as business confidence jumps: study

24 Aug 2009

Recession in the UK may be at an end, according to a study which reveals the biggest increase in confidence amongst business professionals in two years.

Business confidence rising in the UK

24 Aug 2009

Corus and ArcelorMittal to restart some idled plants

Corus and ArcelorMittal to restart some idled plants

24 Aug 2009

Corus and ArcelorMittal are preparing to start some of their idled capacity as demand for steel show marginal signs of recovery after most of thir customers cleared piled up inventory

Fairfax Media posts $380 loss in earnings

24 Aug 2009

Macquarie Countrywide posts $1.43 billion annual loss

24 Aug 2009

India signs fresh free-trade pact with Nepal

24 Aug 2009

Markets zoom as Bernanke signals recovery hopes; Trichet cautious

22 Aug 2009

Delinquency rate for US mortgage loans rises to a record high in Q2

21 Aug 2009

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