Bailout over but suffering goes on for Ireland's most needy
Ireland will receive plaudits this weekend when it exits its financial bailout but advocacy groups warn that the most vulnerable in society will still suffer from lingering austerity measures.
12 December 2013
Slovenia to receive banking bailout bill
Slovenia is to learn later this week if it has enough money to shore up its banks on its own or become the latest eurozone country to need outside help.
11 December 2013
Chinese investors look to mine Bitcoin volatility
Chinese speculators have seen Bitcoin values plunge, soar and plunge again within days, but say the virtual currency's extreme volatility is a profit opportunity despite the white-knuckle ride.
US urges Supreme Court to review Argentina debt case
The US government has urged the Supreme Court to intervene in Argentina's fight over paying up on its defaulted debt, saying a lower court ruling against the country was wrong.
07 December 2013
Japan, SE Asia in talks to expand currency swap
Japan and Southeast Asian countries are in talks over expanding currency swap arrangements to help cushion their economies in financial emergencies, an official said Thursday, ahead of a Japan-ASEAN summit next week.
06 December 2013
Tokyo to launch $53.8 bn stimulus package
Tokyo will announce a spending package worth almost $54 billion on Thursday, media reports said, in a bid to offset a tax hike that comes into effect next year and which critics fear will derail Japan's economic recovery.
Qantas to cut 1,000 jobs, says challenges "immense"
Australian carrier Qantas announced the axing of 1,000 jobs and warned of "immense" challenges ahead in a shock profit downgrade Thursday, flagging a half-year loss of up to Aus$300 million (US$271 million).
Crisis what crisis? Portugal's richest get richer
Portugal may be mired in a debt crisis, but its 25 richest people got 16 percent wealthier in 2013, with fortunes equivalent to nearly 10 percent of the country's GDP, rankings published Thursday showed.
China sniffs out EEurope investment opportunities
Chinese Prime Minister Li Keqiang arrives in Romania on Monday ahead of a summit with 16 Central and Eastern European leaders keen to woo investment from the world's number two economy.
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