News about economy

US seen as 'first among equals' in 2030: intel report The United States will likely be the "first among equals" rather than a lone superpower by 2030, in an increasingly chaotic world where China is the top economy.
12 December 2012 16:18
Impoverished Greek families facing uncertain future Blue-eyed Angelina had the misfortune of being born in Greece in 2010, just as the country became engulfed by an economic crisis that has deprived her parents, like so many Greeks.
12 December 2012 12:10
Japan utilities dive on atomic plant shutdown fears Shares in Japanese power companies plunged Tuesday after a panel of experts said one of the nation's nuclear plants may sit over an active seismic fault, raising fears it would have to be scrapped.
12 December 2012 10:36
World's second most polluted city turns to buses On the streets of Ulan Bator a people renowned for their horse riding skills have to contend every day with ever more Hummers, Land Cruisers and Range Rovers.
11 December 2012 17:56
Xi's Shenzhen visit a sign of reform: Chinese media China's new Communist Party chief Xi Jinping has signalled his commitment to push for economic reforms by visiting the city of Shenzhen, the historic hub of modernisation.
11 December 2012 13:01
IMF's Lagarde warns against US fudge on fiscal cliff The United States needs to raise taxes and cut spending to address the looming fiscal cliff, IMF chief Christine Lagarde said Sunday, warning that anything less would undermine economic confidence.
10 December 2012 15:05
Spanish health workers stage fresh protest against cuts Thousands of Spanish health workers clad in white medical garb marched in Madrid on Sunday in a fresh protest against government health cuts and privatisation plans, just days after a similar demonstration.
10 December 2012 12:17
Ghana's emergence put to test in tight presidential polls Ghanain voters head to the polls Friday, with two main presidential candidates vying to lead a booming economy in a country seeking to live up to its promise as a beacon of democracy in turbulent West Africa.
08 December 2012 10:01
HSBC to sell stake in China insurer Ping An for $9.4 bn Britain's HSBC said Wednesday it would sell its stake in China's second largest life insurer Ping An for $9.4 billion, as it looks to shift its focus back towards its traditional banking business.
05 December 2012 14:38
Greece launches bond buyback programme Greece's PDMA national debt agency said on Monday it had begun a voluntary buyback of the country's bonds at heavily discounted prices, a condition for receiving its latest instalment of EU-IMF bailout funds.
05 December 2012 11:36
Immigrants in OECD nations hit by economic crisis: report Immigrants in OECD nations have been badly hit by the economic crisis especially in vulnerable states such as Ireland, Spain and Italy.
04 December 2012 18:06
China manufacturing hits 13-month high in November: HSBC Manufacturing activity in China hit a 13-month high in November, HSBC said Monday, in another sign that the world's second largest economy is emerging from a drawn-out slumber.
03 December 2012 16:30
Clinton urges Europe to do more on economy US Secretary of State Hillary Clinton urged Europe Thursday to resolve the eurocrisis and seek ways to promote growth and jobs as she praised America's "revitalized relationship" with the region.
01 December 2012 12:37
Amnesty slams S. Korea for 'abuse' of security law Amnesty International on Thursday accused South Korea of systematically abusing a 65-year-old security law in order to stifle debate and silence political opposition in Asia's fourth-largest economy.
29 November 2012 16:48
Euro slips after buying on Greek rescue fizzles The euro slipped in Asian trade on Wednesday after a buying spree sparked by Greece's bailout deal fizzled owing to lingering concerns over Europe's sovereign debt problems.
29 November 2012 10:35
New eurozone talks to save Greece from financial collapse Eurozone finance ministers meet in Brussels Monday for the third time in two weeks for talks on unlocking the next slice of aid to debt-crippled Greece, which is in danger of running out of money.
26 November 2012 13:15
Could Spain survive loss of Catalonia? Catalonia's leader Artur Mas says the powerful region's economy can stand tall in Europe without Spain. But could Spain survive without Catalonia?
26 November 2012 12:49
Japan school aims to create 'Asian leaders' Asia may be driving growth in the world economy but a Japanese businesswoman behind an innovative new school believes the region is over-reliant on Western-style leadership.
25 November 2012 14:10
Australia welcomes move to count Aussie as reserve currency Australia hailed as an endorsement of its economic strength Wednesday IMF moves to count its dollar as a foreign reserve currency, though its central bank chief downplayed it as a technicality.
22 November 2012 18:56
Commodities turnover between Kazakhstan and South Korea to double by end of 2012 Commodities turnover between Kazakhstan and South Korea will double are reach $2 billion by the end of 2012 Ambassador.
20 November 2012 18:14
Advertise
Advertise