World economy

Moody’s downgrades Chinese government debt to negative

Moody’s downgrades Chinese government debt to negative

02 Mar 2016

Moody's today downgraded its outlook on Chinese government debt to "negative" from "stable" , citing uncertainty over authorities' capacity to implement economic reforms, due to government debt and declining reserves

Trump, Clinton on course for showdown with 7 wins each

Trump, Clinton on course for showdown with 7 wins each

02 Mar 2016

Republican Donald Trump and Democrat Hillary Clinton won seven of eleven states each on ‘super Tuesday’ to put themselves well ahead of their rivals and head for a presidential showdown

Rouhani’s reformist partners set to sweep Iran

Rouhani’s reformist partners set to sweep Iran

01 Mar 2016

Moderates and reformist candidates allied to President Hassan Rouhani are on course to win all 30 seats in Tehran and make strong gains elsewhere, signalling a legislature that will be amenable to pragmatic policies

Guns fall silent as Syria ceasefire begins

Guns fall silent as Syria ceasefire begins

27 Feb 2016

The truce for all practical purposes is limited to Moscow’s assurance to Washington that it would not bomb the "moderate opposition" in Syria fighting the Assad regime till the ceasefire holds

Early poll results show Iran moderates in the lead

Early poll results show Iran moderates in the lead

27 Feb 2016

Coming just a month after sanctions were lifted under Iran's nuclear deal with world powers, the outcome of the vote is being seen as a de-facto referendum on President Hassan Rouhani's government

Halliburton to cut another 5,000 jobs to tide over

Halliburton to cut another 5,000 jobs to tide over

26 Feb 2016

When the lay-offs are effected, Halliburton would have cut its workforce by between 26,000 and 27,000 employees since the peak in 2014

Anti-Brexit campaign notches early gains, pound recovers

Anti-Brexit campaign notches early gains, pound recovers

24 Feb 2016

The lines  in the House of Commons debate were unusually blurred, with as many as seven cabinet ministers arguing for a Brexit while Prime Minister David Cameron made a strong appeal for Britain to stay in the European Union

Vienna remains world’s best city to live in

24 Feb 2016

Pound plummets as London Mayor Boris Johnson backs Brexit

Pound plummets as London Mayor Boris Johnson backs Brexit

23 Feb 2016

The pound sterling saw its biggest drop in more than a year against the dollar today, hours after the popular London mayor Boris Johnson (BoJo) lent his considerable weight to Brexit - Britain departing from the European Union

US, Russia announce truce as war reduces Syria to ruins

US, Russia announce truce as war reduces Syria to ruins

23 Feb 2016

Russia and the United States have announced a landmark truce in war-torn Syria, which would take effect from Saturday

Cameron wrests ‘special status’ package to avert Brexit

Cameron wrests ‘special status’ package to avert Brexit

20 Feb 2016

After two days and nights of negotiations, Prime Minister David Cameron now faces the equally daunting task of convincing cabinet colleagues, former supporters and British voters to stay in the EU ahead of the June referendum

Pak lodges FIR over Pathankot attack; no names

19 Feb 2016

Cameron, EU leaders brainstorm through night over Brexit

Cameron, EU leaders brainstorm through night over Brexit

19 Feb 2016

Prime Minister David Cameron must take home a deal that he can sell to voters in a June referendum to keep Britain in the EU, but leaders of the bloc are unwilling to yield the concessions that he needs

Bombardier to cut 7,000 of its global workforce after posting disappointing results

18 Feb 2016

Pakistan must vacate 'Occupied’ Kashmir: UK MP

17 Feb 2016

George Bush ends hibernation to back brother Jeb

16 Feb 2016

Cameron to hold crucial ‘Brexit’ talks with EU today

Cameron to hold crucial ‘Brexit’ talks with EU today

16 Feb 2016

British Prime Minister David Cameron is reported to be holding talks with the head of the European Parliament on a deal to avoid Britain crashing out of the European Union

Turkey, Saudi may send troops as Syrian army pushes into IS bastion

Turkey, Saudi may send troops as Syrian army pushes into IS bastion

13 Feb 2016

If the Syrian troops succeed in retaking Aleppo and sealing the Turkish border, it would deal a crushing blow to both ISIS and Syrian insurgents opposed to Assad's rule

Bernie Sanders beats Hillary; Trump triumphs in New Hampshire

Bernie Sanders beats Hillary; Trump triumphs in New Hampshire

10 Feb 2016

Apart from the results, what was remarkable about the New Hampshire campaign is that all four leading contenders – Hillary Clinton, Bernie Sanders, John Kasich and Donald Trump – focused on the need to reform the campaign funding system

10 killed, dozens injured in German train collision

10 Feb 2016

Hong Kong riots fail to deter New Year revellers

10 Feb 2016

Michael Bloomberg may throw his hat in US presidential ring

Michael Bloomberg may throw his hat in US presidential ring

09 Feb 2016

Opinion polls show that if billionaire former New York Mayor Michael Bloomberg contests the November election, he would get only 10 per cent of the vote but would act as a spoiler for Hilary Clinton and give an edge to Donald Trump

Nepal ex-PM Koirala dies at critical juncture

Nepal ex-PM Koirala dies at critical juncture

09 Feb 2016

Sushil Koirala was a key architect of Nepal’s first republican constitution, and his death complicates the power equations in his Nepali Congress party

German regulator shuts operations of Canada's Maple Financial

08 Feb 2016

Argentina offers $6.5 bn cash payment to creditors suing over defaulted bonds

06 Feb 2016

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