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Monday, September 28, 2020

Emerging markets could jeopardise global recovery, unless advanced economies pick up pace: report

June 9, 2014 3:23:00 pm

Economic slowdown in EMs has impacted global export growth and recovery in advanced economies.

IMF, World Bank urge China to reduce finance risk

June 7, 2014 12:43:46 am

The comments add to warnings by private sector analysts that China’s run-up in debt, especially since the 2008 global crisis, could lead to financial problems.

General Motors recall parade rolls on with 2.4 million more vehicles

May 21, 2014 8:16:37 am

General Motors has recalled more than 15 mn vehicles so far this year.

Wall St edges up; Dow, S&P 500 hit records

May 13, 2014 9:55:21 pm

S&P rose above 1,900 for the first time, extending its year-to-date rise to 2.7 percent.

Global citizenship catching fancy of super rich in India, China

May 4, 2014 7:30:50 pm

China and India both already have some of the largest populations based abroad.

As Warren Buffett praises his BNSF railroad, customers rail against delays

May 3, 2014 5:41:14 pm

Warren Buffett was likening BNSF's foresight to the biblical figure Noah and his vessel.

FBI conducting probe into Herbalife business practices

April 13, 2014 2:29:53 am

FBI agents are also reviewing Herbalife documents obtained from former distributors, two other sources familiar with the matter said.

In surprise move, US warns China not to attempt Russian Crimea-style action in Asia

April 4, 2014 9:34:34 pm

China should not doubt the US commitment to defend its Asian allies, says US official.

Russia’s Lukoil begins output from Iraq oilfield

March 30, 2014 2:43:04 am

The field is one of several that form the backbone of Iraq’s plans to revive its oil sector and lift the economy after decades of sanctions.

Bitcoin: Controversy marks Newsweek’s comeback

March 8, 2014 4:00:02 pm

A cover story claiming it had uncovered "the face behind bitcoin,'' the world's most popular digital currency. It got plenty of attention, all right.

US jobless claims at 3-month low

March 7, 2014 6:18:51 am

Initial claims returned to a more normal level, consistent with healthy labor market conditions, said Yelena Shulyatyeva.

World stocks rise on Ukraine diplomacy

March 7, 2014 6:15:12 am

MSCI’s world equity index, which tracks shares in 45 countries, was up 0.6 per cent, and the MSCI emerging market index rose 1.2 per cent.

US pitches for better Indo-Pak economic ties

March 7, 2014 5:53:02 am

Nisha said bilateral trade has the potential to grow to $10 billion from $2.5 billion, as recorded in 2013.

Japan looking at Bitcoin tax after failure of Mt Gox

March 5, 2014 2:08:18 am

Japan’s finance ministry is studying possible rules that could govern transactions using the digital currency.

Ukraine crisis roils global stock markets

February 28, 2014 4:01:46 am

Escalation in tensions in the Ukrainian region of Crimea rocked European markets Thursday before a calm open on Wall Street helped ease the nerves.

In a first, US bans bidi products from Indian company

February 22, 2014 10:09:29 am

The bidi product from the Indian company can no longer imported into the United States.

Facebook to acquire WhatsApp for USD 19 billion in cash and stock deal

February 20, 2014 9:42:29 am

Facebook will acquire mobile messaging company WhatsApp for 19 billion dollars in a cash and stock deal.

Indians most active buyers of Dubai property

February 19, 2014 3:10:05 pm

Indians top the list of Dubai's most active property buyers.

Weather slams US factory output, spurs growth fears

February 16, 2014 3:39:40 am

Economists say the Fed will likely discount the reports and continue with measured reductions in its monetary stimulus.

With eye on foreign investment, Iran to revise oil contracts

February 10, 2014 3:42:45 am

Western sanctions put in place in 2012 over Iran’s disputed nuclear program have choked oil exports to around 1 million barrels per day.

QS Best student cities rankings 2014: Paris on top,Indian cities fail to figure

November 20, 2013 12:00:08 pm

Shanghai,Hong Kong and Kuala Lumpur are the only Asian cities to figure in the rankings.

Indian tribes struggle,and fume,as US shutdown wears on

October 12, 2013 4:48:36 pm

'I had a migraine the whole last week when I was trying to assess this.'

China official services PMI hits 6-month high,supported Q3 pickup

October 3, 2013 12:08:27 pm

Services accounted for about 45 per cent of the economy in 2012 and is the biggest employer in China.

Merck to cut 8,500 more jobs in cost-cutting overhaul

October 1, 2013 9:10:08 pm

Merck seeks to cut costs by USD 2.5 billion by the end of 2015.

US government shutdown starts,Barack Obama hits out at ‘extremists’

December 16, 2013 3:35:01 pm

US in shutdown mode as Barack Obama and Republicans trade charges; tourists to be affected too.