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French unions, employers agree changes to labour laws French President Francois Hollande led a chorus of approval after unions and employers reached a deal on reforms to the country's complex labour laws after more than three months of talks.

12 January 2013

Greek parliament approves tax change under rescue terms Greece's parliament early Saturday approved a new tax bill, part of the latest batch of fiscal reforms tied to the country's next slice of EU loans.

12 January 2013

Apple sees China becoming biggest market: report Apple Chief Executive Tim Cook, on his second visit to China in a year, said he expects the country to surpass the United States as the technology giant's largest market.

12 January 2013

Japan PM criticises targeting of firms in China row China was "wrong" to deliberately target Japanese business interests as part of a state campaign in a row over disputed territory.

11 January 2013

Japan plans extra $2.1 bn on military spend: official Japan plans to spend an extra $2.1 billion on missiles, fighter jets and helicopters, an official said Wednesday, as Tokyo looks to boost defence capabilities with concerns growing over a rising China.

09 January 2013

Malawi's Banda assures IMF of economic reforms Malawi's President Joyce Banda has assured visiting IMF managing director Christine Lagarde that the impoverished southern African country will not backtrack on reforms to help the economy recover.

06 January 2013

IMF: US 'cliff' actions not enough The International Monetary Fund said Wednesday that US actions to avoid the fiscal cliff did not go far enough to address the country's long-term fiscal deficit and debt problems.

03 January 2013

Obama signs 'fiscal cliff' bill into law President Barack Obama has signed into law a contentious compromise bill hammered out in Congress that narrowly averted the US 'fiscal cliff of tax hikes and drastic, immediate cuts in spending.

03 January 2013

US House to vote imminently on 'fiscal cliff' deal The House of Representatives will vote late Tuesday on a bill already approved by the Senate to avert huge New Year tax hikes and spending cuts known as the "fiscal cliff".

02 January 2013

Britain urges bold G8 action on global economy British Prime Minister David Cameron called on his fellow G8 leaders on Wednesday to start work now on agreeing "bold steps" to help boost global economic growth, ahead of a summit he will host in June.

02 January 2013

Chinese say country still not 'world power': poll More than 80 percent of Chinese say they do not yet see their country as a "world power", according to a newspaper poll published Monday.

01 January 2013

Spain faces 207-bn-euro headache in 2013 Spain defied the markets by averting a sovereign bailout this year but high interest rates could yet force Madrid to its knees as the nation confronts a 207-billion-euro ($274 billion) financing headache in 2013.

31 December 2012

Brazil, Mexico have most Latin American billionaires Brazil and Mexico have the most billionaires in Latin America but earn the least from estate taxes, according to a new study from a regional economic group.

31 December 2012

Merkel steels Germans for 'more difficult' 2013 Chancellor Angela Merkel warned Germans that the economy, Europe's biggest, would experience a harder time next year than in 2012 and cautioned too that the eurozone debt crisis was far from over.

31 December 2012

Obama 'modestly optimistic' for fiscal deal President Barack Obama said Friday he was "modestly optimistic" a last-minute deal was possible with Republicans to avert a "fiscal cliff" crisis that could spark a recession and rock global markets.

30 December 2012

Britain's Cameron could make EU unravel: Van Rompuy British Prime Minister David Cameron's attempts to win back powers from the European Union could cause the 27-nation bloc to fall apart.

29 December 2012

New Japanese finance chief hits out at BoJ: reports Japan's new finance chief hit out at the country's under-pressure central bank, reports said Thursday, saying it was "slow" in tackling deflation that has plagued the economy for years.

28 December 2012

S. Korea cuts growth outlook for 2012, 2013 The South Korean government on Thursday slashed the nation's growth outlook for 2012 and 2013, citing the eurozone debt crisis and US fiscal woes that continue to dampen global demand.

28 December 2012

Obama breaks off vacation to deal with fiscal cliff President Barack Obama was to cut his holiday short and head back to Washington on Wednesday to try to address the "fiscal cliff," a set of tax hikes and spending cuts to take effect next year.

27 December 2012

S. Korea's KT bids for Vivendi stake in Maroc South Korean mobile operator KT said Wednesday it has submitted a preliminary bid for French group Vivendi's stake in Moroccan carrier Maroc in a deal estimated to be worth more than $7 billion.

27 December 2012

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