World economy
Agilent Technologies to lay off 2,700 employees
26 Mar 2009
Downturn bottoming out, says Australian banker
26 Mar 2009
House Democrats urge $100-billion cut in Obama's budget
26 Mar 2009
US president Barack Obama faces opposition from his own party as he pushes for approval of a $3.6-trillion budget for the fiscal 2010.
IMF eases lending rules, creates new line of credit
25 Mar 2009
The International Monetary Fund today overhauled its lending framework by easing credit conditionalities and also announced the creation of a new flexible line of credit.
Japan's trade nearly halves in February
25 Mar 2009
China wants SDR to replace dollar as global currency
24 Mar 2009
China has called for the creation of new global currency by the IMF to replace the US dollar
Bailing out Japan Inc: JBIC’s operating charter to be modified
23 Mar 2009
As the global economic downturn devastates Japan’s exports, the Japanese government is moving to tweak the charter of the Japan Bank for International Cooperation in a bid to keep Japan Inc.’s operations afloat.
Crude futures rise above $52 in Asian trade
23 Mar 2009
China may act spoilsport at G20 meet: reports
21 Mar 2009
China, others back Russia’s alternative to dollar
21 Mar 2009
Russia says its proosal for a discussion on creating a new world reserve currency replacing the dollar has the support of China and several other emerging economies
Kuwait cancels second refinery project
21 Mar 2009
The refinery is no longer economically viable as oil prices have fallen more than 50 per cent from their peaks
EU agrees to boost IMF funding
21 Mar 2009
Country-wide job loss strike paralyses France
20 Mar 2009
A Tiger in the Australian woods
20 Mar 2009
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Market predator Hindenburg preys on Adani stock
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Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation