Obama pledges 'bold' ideas to help US middle class President Barack Obama on Monday pledged to unveil "bold" ideas to help America's struggling middle class as part of a fresh offensive to boost the economy.
23 July 2013
Kazakhstan retains GDP growth at 5.1%The economy growth is driven by the growing consumer spending: the country’s retail turnover has grown by 12.3% since the start of the year: Economic Affairs Minister.
Bernanke: Fed will not raise rates in forseeable future Federal Reserve Chairman Ben Bernanke reiterated Wednesday that the Fed is nowhere close to raising interest rates, assuring markets that the US easy money tap would not soon dry up.
Citi profits jump as investment revenues surge US banking giant Citigroup Monday reported better-than-expected quarterly earnings as strong securities and investment banking revenues helped offset weaker mortgage business and continued US consumer caution.
16 July 2013
Two Koreas start fresh talks on joint industrial park North and South Korea on Monday started fresh talks on reopening a joint industrial complex whose fate is seen as a touchstone for the future reduction of tension on the Korean peninsula.
World's largest building opens in China Boasting its own artificial sun and a floor area three times that of the Pentagon, the "world's largest building" has opened in southwest China to mixed reviews from its first visitors.
13 July 2013
Australia at crossroads as China boom ends: PM Australian Prime Minister Kevin Rudd Thursday said the China resources boom was over, leaving the economy at a crossroads, as he called for a new productivity pact to boost competitiveness.
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
Dongfeng, Renault to set up $1.8 bn JV: media Ambitious Chinese automaker Dongfeng Motor and France's Renault may sign a deal this month for an 11 billion yuan ($1.8 billion) joint venture after a decade of talks.
09 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.
06 July 2013
Halving world hunger by 2015 'within reach': UN Despite economic crises and dwindling aid, the UN said Monday huge progress had been made towards meeting the so-called Millennium Development Goals.
01 July 2013
China manufacturing index hits nine-month low: HSBC Chinese manufacturing activity contracted further in June, data showed Monday, with a closely watched survey hitting a nine-month low and adding to signs of weakness in the world's second-largest economy.
01 July 2013
Spain raises taxes on alcohol, tobacco The Spanish government, which is struggling to cut one of the eurozone's largest public deficits during a double-dip recession, on Friday raised taxes on tobacco and alcohol.
29 June 2013
Deaths in China Xinjiang riot raised to 35: Xinhua The death toll in one of the worst riots in China's restive Xinjiang area has been raised to 35 from 27, state media said Friday, amid reports of tightened security ahead of a sensitive anniversary.
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