• Sep
    02
    By PTI

    The chances of the US economy slipping into another recession are close to 25-30 per cent, a noted American economist said.
    "I see a third

  • By PTI

    India and China today held high- level comprehensive dialogue on a host of financial issues to identify areas of convergence to step up their cooperation in the international and bilateral

  • By PTI

    The German cabinet has approved drastic spending cuts to rein in the national budget despite a stronger than expected turnaround in the economy.

    The centre-right coalition government of Chancellor Angela

  • Aug
    27
    By PTI

    The British economy expanded at a faster pace than expected clocking a growth rate of 1. 2 per cent in the second quarter of 2010 boosted by robust

  • Aug
    17
    By PTI

    The World Bank has agreed to provide give a USD 900 million financial aid to Pakistan which is facing devastating flood that has affected 14 million people.

    "The Government of

  • Jul
    30
    By Reuters

    China has overtaken Japan to become the world's second-largest economy after the United States, the country's chief currency regulator said in remarks published on Friday.

    The economy expanded 11

  • Jul
    26
    By Agencies

    The South Korean economy grew 1. 5 per cent in the second quarter from three months earlier on robust exports and improved consumer spending the central bank said today

  • Jul
    20

    That warm glow and soft purring emanating from South Korea was the International Monetary Fund trying, yet again, to put the Asian financial crisis behind it.

    The IMF needs Asia

  • Jul
    18
    By PTI

    Three US financial services majors -- Citigroup, JPMorgan Chase and Bank of America -- shelled out more than USD 1 billion in the June quarter towards employee bonus tax levied

  • Jul
    14
    By Reuters

    Credit rating agencies are growing impatient with Japan’s inability to tackle its ballooning public debt, a task just made more difficult by the ruling party’s drubbing in upper house elections