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Oil down as China's GDP comes in below expectations Oil was down in Asia on Monday after China's economic growth for the first quarter came in below expectations, with sentiment also weighed by forecasts of weaker global demand.
15 April 2013
Barroso assures US of Europe's 'strong' economy The president of the European Commission, Jose Manuel Barroso, called on the United States Friday to not underestimate Europe's economic strength.
14 April 2013
Euro ministers in bid to finalise Cyprus bailout Eurozone and EU finance ministers meet in Dublin from Friday to finalise the Cyprus bailout and consider extending debt repayment dates for Portugal and Ireland.
12 April 2013
Croatia's flagging support to join EU to be tested by vote Not so long ago, Croatia was ebullient at the prospect of becoming the EU's newest member in July this year.
11 April 2013
N. Korea blames South's leader for Kaesong closure N. Korea on Thursday renewed a threat to permanently close its Kaesong joint industrial zone with S. Korea, blaming the "confrontation" policies of the South's new president.
11 April 2013
With back against wall, Portugal pushes on with austerity Despite the risk of aggravating the recession and unemployment, Portugal's government is wagering that following the austerity prescribed by its creditors will help it regain market confidence and avoid a second bailout.
10 April 2013
Austerity putting children at risk: UN The UN warned Wednesday that austerity measures are hitting children hard, as it published a ranking of kids' well-being in rich countries topped by northern European countries and showing Britain climbing out of the bottom tier.
10 April 2013
Photo courtesy of graduateinstitute.ch Asian economies to rebound but recovery fragile: ADB The Asian Development Bank said Tuesday the region's emerging economies would pick up this year but warned that the recovery remained fragile due to the eurozone crisis and tensions in Asia.
09 April 2013
Yevgeniy Vinokurov. Photo courtesy of EDB Kazakhstan to benefit from joining WTO: EDB Kazakhstan can have significant benefits from accession into the WTO: EDB expert.
09 April 2013
President Nursultan Nazarbayev meeting his China’s counterpart Xi Jinping. By Dmitry Khegai Kazakhstan and China to resolve issues related to transborder rivers Mr. Xi Jinping stated that China would never do anything to the detriment of Kazakhstan’s economy: President Nazarbayev.
06 April 2013
Cyprus bank workers to strike over pension fears Cyprus bank workers are to go on strike Thursday over fears pensions may be at risk under the country's crippling bailout, after the new finance minister vowed to do "whatever it takes" to right the economy.
04 April 2013
Professor Lord Nicholas Stern. ©REUTERS/Scanpix/Jens Norgaard Larsen Economist warns of 'radical' climate change, millions at risk The author of an influential 2006 study on climate change warned Tuesday that the world could be headed toward warming even more catastrophic than expected but he voiced hope for political action.
04 April 2013
New Cyprus Finance Minister Haris Georgiades. Photo courtesy of politis.com.cy New Cyprus finance minister to be sworn in Cyprus's new finance minister was due to be sworn in Wednesday following his predecessor's resignation hours after a probe was launched into how the island was pushed to the verge of bankruptcy.
03 April 2013
China's Xi signs multi-million-dollar deals in Congo China's new President Xi Jinping on Friday signed deals worth several million dollars with his Congolese counterpart in sectors as varied as banking and infrastructure, on the final leg of his three-nation Africa tour.
01 April 2013
Cyprus will not quit the euro, vows president President Nicos Anastasiades vowed on Friday to keep Cyprus in the euro but had harsh words for international lenders behind the huge bailout that saved the island from bankruptcy.
31 March 2013
Argentina's Economy Minister Hernan Lorenzino. ©REUTERS/Andrew Burton Argentina presents conditions for debt repayment Argentina on Friday offered two New York hedge funds to repay its debt to them with cash and new bonds on conditions similar to those used in a 2010 debt swap.
30 March 2013
Italy government talks end with no solution in sight Italy remained in political limbo on Friday after talks to break a deadlock created by inconclusive polls ended with no solution in sight.
30 March 2013
Italy struggles to break government deadlock Italy was left struggling to form a government after leftist leader Pier Luigi Bersani on Thursday lost his bid to end an impasse created by elections with no clear winner in the eurozone's third-largest economy.
29 March 2013
Poland's Finance Minister Jacek Rostowski. ©REUTERS/Peter Andrews Poles will have to okay eurozone entry: minister Poles will have to okay eurozone entry in a referendum, a senior minister said Wednesday, echoing the prime minister's recent endorsement of a public vote on joining the unpopular currency union.
28 March 2013
World Bank links obesity to high food prices Food prices have dropped since peaking six months ago but remain near record levels, pushing the world's poorest people toward "undernutrition" and obesity.
28 March 2013
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