Recession-hit Japan economy shrinks again Japan's economy shrank for a third straight quarter in October-December, data showed Thursday, leaving it mired in recession owing to weak export demand, but analysts pointed to brighter times ahead.
14 February 2013
Venezuelans race to spend before devaluation Venezuelans swamped stores on Tuesday to snap up everything from washing machines to plane tickets in a last-minute wave of panic-buying ahead of a 32 percent currency devaluation.
13 February 2013
US to launch free trade talks with EU: Obama The United States and Europe will launch talks on what would be the world's largest free trade zone, US President Barack Obama declared Tuesday in his State of the Union address.
13 February 2013
Yen strengthens in Asian trade The yen strengthened slightly in Asian trading on Tuesday after a US Treasury official praised Japan's recent moves to boost the economy as Tokyo faces claims it is manipulating the currency's slide.
White House fears deep damage from spending cuts The White House warned Friday that billions of dollars in automatic budget cuts set to kick in on March 1 were a "blunt" instrument that could wreak deep damage to the already fragile US economy.
Irish lawmakers vote to liquidate Anglo Irish Bank Irish lawmakers voted through emergency legislation to liquidate the former Anglo Irish bank early Thursday, as part of a deal to ease the eurozone country's massive debt burden.
Spanish registered unemployed rises to 4.98 mn in January The number of Spaniards officially registered as unemployed rose to 4.98 million in January, according to Labour Ministry data released Monday, as the country's recession deepened.
04 February 2013
Schmidt book labels China online menace: report The Wall Street Journal reported Friday that in his coming book, Google chairman Eric Schmidt brands China an Internet menace that sanctions cyber crime for economic and political gain.
02 February 2013
Pfizer unit Zoetis makes strong market debut Zoetis, pharmaceutical giant Pfizer's animal-health division, made a dramatic debut on Wall Street Friday as the biggest initial public offering since Facebook.
02 February 2013
US dodges Super Bowl chicken wing shortage In the run-up to Super Bowl Sunday, millions of American football fans can rest assured: there is no looming shortage of their beloved chicken wings.
02 February 2013
China steel industry says profits plunge The combined profits of China's major steelmakers crashed by more than 98 percent in 2012 as growth in the economy of the world's largest steel producer slowed.
01 February 2013
Europe will get its money back says Bank of Greece Greece will pay back the billions of euros of European aid it has received to fight its debt crisis, the head of the country's central bank told Germany's Sueddeutsche Zeitung.
LatAm leaders open summit, noting Chavez's absenceAfter wrapping up talks with their European counterparts, Latin American leaders on Sunday opened their own summit here, with the event notable for the absence of Venezuelan President Hugo Chavez.
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