site.news_by_theme economy
Japan reports weaker August factory data ahead of tax hike decision
Japan's factory output slipped more than expected in August but the government put an upbeat gloss on the data Monday, a day before Premier Shinzo Abe issues his long-awaited decision on hiking sales taxes.
30 September 2013
Chinese tourists, diplomats make a splash in the Maldives
The travellers pouring off flight LV199 from Shanghai into the international airport of the Maldives, many dressed in designer labels, are an unmissable sign of China's interest in the far-flung archipelago.
29 September 2013
Algeria smuggling crackdown cuts fuel line to Morocco
Until three months ago, petrol smuggling literally drove Morocco's neglected eastern region, where the subsidised liquid smuggled in from Algeria fuelled the local economy.
28 September 2013
Migrant workers keep Thai fishing industry afloat
Sifting through freshly caught sardines at a port in southern Thailand, Shi-Jai is one of thousands of migrant workers -- including women and children -- who keep the kingdom's huge fishing industry in business.
26 September 2013
Shale boom remakes US energy, economy
The US shale boom is remaking the nation's industrial landscape and raising the prospect of energy independence in the world's biggest oil consumer.
24 September 2013
Global panel to make economic case on climate change
Mexico's former president Felipe Calderon said that climate action can boost both developed and emerging countries as he led a new commission bringing together government and business leaders.
24 September 2013
Rail links Russia and sanctions-squeezed N. Korea
Russia and North Korea have reopened a rail link that Pyongyang hopes will offer a trading boost to the isolated, sanctions-squeezed state.
23 September 2013
Triumphant Merkel to start search for coalition ally
The day after her stunning election triumph, German Chancellor Angela Merkel was Monday set to start the process of haggling with potential partners over how to rule Europe's biggest economy.
23 September 2013
Shanghai free trade zone will deal a blow to Hong Kong: Li
Asia's richest man Li Ka-shing warned that Shanghai's new free trade zone will have a "big impact" on Hong Kong, urging the city to up its game to avoid losing out.
18 September 2013
Foreign inflows fuel Sri Lanka recovery: central bank
Sri Lanka's economy grew 6.8 percent in the second quarter, up from 6.0 percent last year thanks to foreign cash inflows which helped a recovery.
17 September 2013
Bailouts still key issue as eurozone finance ministers meet
Eurozone finance ministers meet in calmer times Friday but still need to ensure bailed-out member states meet their targets amid growing speculation some will need more help to get back on track.
13 September 2013
Astana plant to produce first KZ8A electric locomotives in March 2014
Astana-based plant will produce its first electric locomotives KZ8A in March 2014.
12 September 2013
US bailout 5 years ago avoided catastrophe: Treasury
The US Treasury said Wednesday the government's massive response to the economic crisis five years ago paid off, avoiding a catastrophic breakdown of the financial system.
12 September 2013
Tourism, Portugal's cure for the crisis
The famous number 28 tram, winding its way through the narrow streets of the Portuguese capital.
11 September 2013
Oil prices slide from Syria-fuelled highs
Oil prices lost support Monday after hitting 28-month highs over fears of fallout from a possible US military attack on Syria for its alleged use of chemical weapons.
10 September 2013
China among world's top three investors in 2012: govt
China became one of the world's top three investors for the first time last year as its foreign investment soared to a new record.
09 September 2013
Monster tsunami could devastate California: study
A tsunami generated by a massive earthquake off Alaska could cause major damage to California's economy and force 750,000 people to evacuate.
06 September 2013
Kazakhstan to offer its anti-crisis recommendations at G20
Kazakhstan plans to discuss economic cooperation and offer recommendations on overcoming of the economic crisis at the G20 Summit in Saint-Petersburg.
05 September 2013
Poland overhauls pension system to keep public debt down
Poland on Wednesday said it will transfer government bonds held by private pension funds to the state pension sector in a move aimed at curbing public debt amid an economic slowdown.
05 September 2013
IMF warns G20 of slowing emerging economies
The International Monetary Fund warned the Group of 20 Wednesday that emerging economies were slowing more than expected and under pressure from US plans to slow its stimulus.
05 September 2013