US proposes tougher requirements on largest banks
US regulators Tuesday unveiled tough new capital requirements for the nation's eight largest banks in the newest move to strengthen the financial system in the wake of the 2008 crisis.
10 July 2013
Oil prices higher in Asian trade
Oil prices climbed in Asian trade Monday after jobs data from the United States beat expectations, boosting confidence in the world's biggest economy.
08 July 2013
China, Switzerland sign free trade agreement
China and Switzerland signed a free trade agreement -- Beijing's first in continental Europe -- in a deal that comes against a backdrop of trade tensions between the Asian giant and the EU.
New York oil soars after Canadian pipelines shut
New York oil prices sharply rebounded Monday after a leak forced the closure of Canadian pipelines, raising concerns about supply disruptions in North America.
25 June 2013
EU leaders meet as doubts grow over future
EU leaders meet this week knowing they have to deliver growth and jobs, especially for the young, as years of debt crisis austerity and soaring dole queues test faith in the European project.
Gambia to ban rice imports from 2016: president
Gambian President Yahya Jammeh said Sunday the west African country would ban rice imports from 2016, in a bid to boost demand for local produce and move towards self sufficiency.
17 June 2013
Oil prices climb on geopolitical fears, US data
Oil prices surged on Friday helped by a rise in Middle East worries, after Washington said it would provide military support to Syria's rebels and Iran went to the polls to elect a new president.
China to deal 'appropriately' with EU steel challenge
China said it will deal "appropriately" with the European Union's decision to challenge it at the World Trade Organisation after Beijing slapped duties on some steel products, in the latest salvo in the row between the two sides.
14 June 2013
World Bank sees less global growth, more stability
The World Bank on Wednesday lowered its growth estimate for the global economy in 2013, but said that expansion appeared better balanced than just before the 2008 financial crisis.
Hungary economic 'fairy tale' comes true, or so it seems
When Hungary's economy minister predicted a year ago an economic "fairy tale" for Hungary in 2013, few believed him. But recent data from the central European country show he might have been right.
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