World economy

Record jump in US unemployment; no silver lining in sight

06 Feb 2009

Lenovo CEO resigns over first loss in three years

06 Feb 2009

TARP oversight panel finds US Treasury overpaid for assets

06 Feb 2009

Immigrant Americans excel in advanced studies than natives

04 Feb 2009

China may go to WTO on toy import ban by India

04 Feb 2009

China may go to WTO on toy import ban by India

04 Feb 2009

Stimulus bill: Obama calls for quick action as lawmakers seek changes

Stimulus bill: Obama calls for quick action as lawmakers seek changes

03 Feb 2009

With both Democrats and Republicans seeking changes to President Obama’s economic-stimulus package the debate has been joined in right earnest by both sides.

Australia unveils $26.5-billion new economic stimulus

Australia unveils $26.5-billion new economic stimulus

03 Feb 2009

The package will send the Australian federal budget into the red for the first time in nearly a decade

Closed British retailer Woolworths to be reborn online

03 Feb 2009

American department store chain Macy’s to slash 7,000 jobs, restructure operations

03 Feb 2009

Labour unrest spreads in the UK over hiring foreign workers

02 Feb 2009

South African manufacturing dips for ninth month; Euro-zone contraction slows

02 Feb 2009

Kamal Nath strikes note of optimism at Davos amid gloomy projections

02 Feb 2009

China demands loyalty from the military as 20 million lose their jobs

China demands loyalty from the military as 20 million lose their jobs

02 Feb 2009

The Chinese government has warned that 2009 will be the toughest year in the century for China and has orderd all military forces to "uncompromisingly obey the Party and Central Military Commission's command at any time and under any circumstances." 

Trade officials at Davos urge G20 to speed Doha talks to combat crisis

Trade officials at Davos urge G20 to speed Doha talks to combat crisis

02 Feb 2009

Finalising the Doha Round of multilateral trade talks cna evert a protectionist backlash during the current economic say global leaders assembled at Davos

New bill seeks to cap payouts by Wall Street firms

31 Jan 2009

Restructure IMF: India

Restructure IMF: India

31 Jan 2009

India today made a strong pitch for restructuring the International Monetary Fund, saying its is incapable of dealing with the global financial meltdown in its present form.

Merkel, Brown call for global economic charter

31 Jan 2009

Obama packs ‘buy American’ clause in $825 billion stimulus plan

31 Jan 2009

Bankrupt newspaper LA Times to cut 10 per cent of workforce

31 Jan 2009

Japanese major NEC to slash 20,000 positions

31 Jan 2009

Japan’s key economic data figures plunge

30 Jan 2009

House passes rescue bill sans GOP backing

29 Jan 2009

Germany unveils €50-billion second stimulus

29 Jan 2009

IMF paints gloomy picture for UK economy

IMF paints gloomy picture for UK economy

29 Jan 2009

The IMF says the British economy will perform the worst among all developed countries

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