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- BEIJING - China is likely to emerge from its economic slump this year, helping the rest of Asia stabilize and possibly rebound, the World Bank said. China's economy, the world's third-largest, should expand by 6.5 percent this year, though exports ...
- ISTANBUL, April 8 (Reuters) - Turkey's industrial production tumbled by nearly a quarter in February from a year earlier, state data showed on Wednesday, a record fall which showed the economy was sinking deep into recession. The worsening slump ...
- TASHKENT, April 8 (IWPR) - The authorities in Uzbekistan are planning major improvements to a highway linking Central Asia with China. Analysts see this infrastructure project as a way of generating jobs and thus easing the economic difficulties ...
- HONG KONG/SEOUL, April 8 (Reuters) - South Korea increased the size of a dollar bond by as much as 50 percent to $3 billion after bowing to demands for higher returns to lure investors in the increasingly crowded global market for government debt ...
- HONG KONG/SEOUL, April 8 (Reuters) - South Korea increased the size of a dollar bond by as much as 50 percent to $3 billion after bowing to demands for higher returns to lure investors in the increasingly crowded global market for government debt ...
- April 8 (Bloomberg) -- Australia’s government may sell some A$9 billion ($6.4 billion) in bonds to fund a national broadband network, said Neil Hyden , chief executive officer of the government’s agency for debt sales. The government will start ...
- MUMBAI: Oil prices fell in Asian trade on Wednesday as concerns of poor corporate earnings. New York's light sweet crude for delivery in May, fell to $48.24 per barrel and Brent North Sea crude for May delivery fell to $ 50.62. The rupee was declined ...
- The greenback ended Monday mostly higher across the majors, leaving the US dollar index to continue trading above key trendline support, suggesting further gains may be in store. There was no data on hand, and for what it’s worth, event risk will ...
- Kenya Oil Company Ltd (Kenol) posted Sh1.88 billion pre-tax profit to reflect over 100 per cent increase in earnings for the year ending December 31 last year. The impressive growth in earnings climbed from Sh876 million realised the previous year ...
- 08:55 Germany March PMI services 41.3 09:00 ?-13 March PMI services 39.2 13:30 USA March Average workweek 33.3 33.3 China’s Purchasing Manager’s Index rose to a seasonally adjusted 52.4 in March from 49 in February, exceeding the 50 threshold ...
- April 2 (Bloomberg) -- U.S. stocks rallied, extending a global advance, as accounting regulators approved a rule change that may boost bank profits and world leaders agreed on measures to fight the recession. Oil rose the most in three weeks, while ...
- LONDON: LONDON: Leaders of the G20 nations agreed on Thursday to pump an additional trillion dollars into the troubled global economy through extra funding for groups like the International Monetary Fund (IMF). Outlining the conclusions of the G20 ...
- April 2 (Bloomberg) -- Russia’s international reserves rose $2.7 billion last week to a two-month high as companies bought rubles from the central bank to pay taxes and the bank purchased foreign currency to control the ruble’s appreciation. The ...
- LONDON – World stock markets slumped Wednesday as disappointing U.S. corporate earnings fueled pessimism about the global economy and Argentine plans to nationalize the country's private pension funds roiled Latin American stocks. “What we're ...
- BEIJING, Oct. 22 (Xinhua) -- The Agricultural Bank of China (ABC) will get a 19 billion U.S. dollars capital injection from a unit of the country's Sovereign Wealth Fund, according to a vice president with the lender on Wednesday. Central Huijin ...
- ANZ has reported a 21 per cent fall in full year profit, after its bottom line was hit by charges related to the fall-out in global credit market. Profit for the year ended September 30 was $3.319 billion, down from $4.180 billion in 2007. Chief ...
- - Distributable cash for the third quarter up 17 percent from the same period last year to $24.8 million; Fund declared $4.4 million in cash distributions for a payout ratio of 48 percent (50 percent normalized for the timing of maintenance capital ...
- MUMBAI: India's central bank on Wednesday raised the ceiling on overseas borrowing by domestic firms to $500 million from $100 million, a move aimed at boosting capital inflows and shoring up the rupee after it hit record lows. A central bank ...
- The cost of borrowing in dollars in London for three months fell for an eighth day, the longest run of declines since May, after the US Federal Reserve made as much as $US540 billion ($806 billion) available to mutual funds to resuscitate lending ...
- BRUSSELS, Belgium (AP) - Georgia's Western backers led by the United States and the European Union promised US$4.5 billion in new aid at an international donors conference on Wednesday to help the ex-Soviet republic rebuild after its war with Russia ...
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