China unemployment rate eases

2015-04-24 09:30

China's urban unemployment rate have ticked down to 4.05% at the end of March from 4.1% at the end of 2014, says the labour ministry.

US new home sales plunge in March

2015-04-23 16:41

Sales of new US homes have plunged in March after a sharp rise in February, according to a report by the Commerce Department.

US energy secretary touts nuclear deal with Iran

2015-04-23 13:30

An agreement between the United States, Iran and other world powers have designed to curtail Iran's nuclear programme is effective and would work if implemented.

German consumer confidence at 13.5-year high

2015-04-23 12:00

Consumer confidence in Germany is at its highest since late 2001, as low inflation buoys households' income expectations.

Posh Beverly Hills considers empty pools

2015-04-22 11:08

Beverly Hills, the southern California city whose name evokes Hollywood-tinged glamour and luxury, is considering fining residents $1 000 for water violations.

Eurozone debt levels rise to record

2015-04-21 13:09

Eurozone government debt has surged to the highest levels since the introduction of the single currency, underscoring the challenges confronting the 19-nation bloc.

Speculators divided over US oil prices: Kemp

2015-04-20 14:15

Despite the surge in US oil prices, hedge funds are still divided about what will happen next, according to the latest data.

Asking prices for homes in England hit new high

2015-04-20 10:30

Asking prices for homes on sale in England and Wales have hit an all-time in the month to early April, pushed up by a fall in the number of properties on the market.

Economic, management sciences made more accessible

2015-04-20 05:47

The Faculty of Economic and Management Sciences at the University of Stellenbosch is celebrating its 90th birthday.

Germany should cut taxes, say economic bodies

2015-04-17 10:15

Germany should use its strong fiscal position to lower taxes, leading German, Swiss and Austrian economic institutes say.


Car makers to profit from China's booming market

2015-04-24 09:02

The majority of cars in the world's biggest auto market are purchased new, but a second-hand trade is beginning to emerge in China.

US jobless claims edge up

2015-04-23 16:00

The number of Americans filing new claims for jobless benefits have risen, but the underlying trend continued to point to a solidly improving labour market.

Thailand could lose nearly $1bn to EU import ban

2015-04-23 13:00

Thailand has warned it risks losing nearly $1bn a year if the European Union makes good on a threat to ban fish imports from the kingdom.

Foreigners burnt alive won’t scare migrants from SA

2015-04-23 10:56

Angry mobs that have burnt foreigners alive and ransacked their businesses aren’t enough to deter the tide of immigrants flocking to South Africa.

Protests will cripple SA, experts warn

2015-04-21 15:35

Xenophobic violence and a host of service delivery protests threaten to bring the South Africa to its knees, say experts.

Gazprom head in Athens for energy talks

2015-04-20 15:30

The head of Russian gas giant Gazprom Alexei Miller will be in Athens for talks with Greek Prime Minister Alexis Tsipras and the country's energy minister.

Venezuela receives $5bn funding from China

2015-04-20 11:32

Cash-strapped Venezuela has received $5bn in financing from China, President Nicolas Maduro announces as his country struggles with an economic crisis.

Australian professionals fill mining jobless gap

2015-04-20 09:45

As Australia's cooling mining sector lays off workers, an army of white-collar professionals is filling the employment gap, courtesy of a housing sector.

UK unemployment rate at multi-year low

2015-04-17 15:48

Britain's economy has created the largest number of new jobs in nearly a year and unemployment hit its lowest rate since mid-2008.

Swiss winemakers toast Russian crisis

2015-04-16 15:00

For Swiss winemakers, a drop in the rouble has opened up new possibilities for a Russian venture they once doubted would get off the ground.

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