News about economy

China's Xi sees new 'golden era' in Latin America

President Xi Jinping on Wednesday heralded the dawn of a new "golden era" for Latin America during a visit to Mexico and urged the region to hitch its economic development to China's solid growth.
06 June 2013 15:54

US moves help Iranians get on line but hit economy

The US is making it easier for information-hungry Iranians to get on the Internet and use social media, but has also slapped new sanctions on the economy that could make their lives more painful.
06 June 2013 11:18

World newspapers mull paywalls for survival

Global newspaper chiefs have some rare good news to share after years of slumping print sales and advertising revenues -- readers appear increasingly willing to pay for online news.
03 June 2013 15:19

China's Xi in Trinidad to boost Caribbean trade

Chinese President Xi Jinping arrived in oil-rich Trinidad and Tobago late Friday for the first leg of a Latin America and Caribbean tour aiming to strengthen Beijing's trade ties in the region.
02 June 2013 11:39

EU, IMF, praise Greek progress battling debt

Greece on Friday received a vote of confidence from international creditors over progress in overhauling its stricken economy -- and a fresh injection of cash from the IMF.
01 June 2013 20:57

Obama approval ratings down amid political flaps

President Barack Obama's approval ratings took a hit over the past month as he wrestled with controversies over the IRS, Benghazi and the secret seizure of journalists' phone records.
01 June 2013 12:02

Japan retains status as top creditor nation

Japan kept its position as the world's largest creditor nation for the 22nd straight year in 2012, government data showed Tuesday, as the dollar's gains helped inflate the value of overseas assets.
28 May 2013 16:34

Brussels expected to up pressure for economic reform

The European Commission is expected on Wednesday to increase the pressure on several countries, particularly France, to speed up structural reforms seen as the only reliable way to boost growth and job creation.
28 May 2013 11:31

Kerry unveils $4 bn Palestinian investment plan

US Secretary of State John Kerry unveiled Sunday a plan to boost the Palestinian economy by attracting $4 billion in private investment, saying it could transform the lives of the people.
27 May 2013 13:55

China, US to try new tone in desert outing

China and the United States are hoping for a new chance to set the course for smoother relations through a secluded desert summit as the Asian power's leader Xi Jinping projects a more confident style.
24 May 2013 17:50

EU leaders look to energy for growth boost

EU leaders, desperate to give growth a boost, target energy policy Wednesday amid concerns a US-led revolution in shale oil and gas development will reshape the global economy and leave Europe far behind.
22 May 2013 18:20

Bank of Japan says no new easing measures

The Bank of Japan on Wednesday held off fresh easing measures, saying after a two-day policy meeting that a continuation of steps introduced last month would help Japan overcome deflation.
22 May 2013 10:38

Exchange Rates

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