Defending rouble costs Russia $400bn

2014-12-19 15:15

Defending the rouble has cost Russia $80bn this year and while the slide has only been slowed, it looks all right by any yardstick of whether reserves are adequate.

Putin: Russia will overcome 'perfect storm'

2014-12-19 07:52

President Vladimir Putin has assured Russians the economy will rebound after the rouble's dramatic slide, but offers no remedy for a deepening financial crisis.

World set to end year in brittle economic state

2014-12-17 07:39

The global economy is ending the year in a fragile state with factory activity shrinking in China, weak eurozone business growth and Russia in a currency crisis.

Global economy: China outlook smoggy

2014-12-03 14:38

The eurozone economy may face another contraction after business activity grew less than expected in November despite heavy discounting.

India desert state embarks on jobs reform

2014-11-25 11:33

A poverty-stricken desert state has taken the lead on structural reforms that may help Asia's third economy attract business and employ a fast-growing workforce.

The age of volatility

2014-11-18 07:12

We live in times of monumental transition, testing business and governments alike, says Daniel Silke.

Shock Japan recession a blow to global economy

2014-11-17 08:12

Japan's economy unexpectedly shrank in the third quarter, dragging the country into a recession and further clouding the outlook for the global economy.

Low oil prices to boost global growth

2014-11-13 13:55

The fall in oil prices to their lowest levels in more than three years should give a boost to the sagging world economy, says the International Monetary Fund.

Capitalism in crisis

2014-11-06 07:49

If capitalism crumbles, the new rich will also be swept away, says Leopold Scholtz.

US Fed poised to end bond-buying programme

2014-10-29 10:40

The US Federal Reserve is expected to halt the final $15bn in monthly bond purchases under a programme that once pumped $85bn a month into the financial system.

Federal Reserve to take away the punch bowl

2014-10-26 17:25

Unless it springs a major surprise, the US Federal Reserve will call time this week on its programme of government bond purchases.

China best place to invest, say US execs

2014-10-21 09:07

China has the strongest foreign investment opportunities with Britain second and Germany third, according to a survey of US corporate executives.

IMF warns Ebola, Ukraine pose economic risks

2014-10-03 13:00

The conflicts in Ukraine, the Middle East crisis and the Ebola outbreak in West Africa pose serious risks to global economy, says IMF chief Christine Lagarde.

Global economy: Eurozone growth slumps

2014-09-23 13:00

Eurozone business growth has dipped to a 2014 low as firms cut prices again, while factory activity in China picked up only slightly.

Switzerland tops global economic ranking

2014-09-03 09:05

The United States and Japan were pipped at the post by Switzerland in the World Economic Forum's ranking of the 10 most competitive economies last year.

East Ukraine's Soviet-style economy shrinks

2014-07-28 11:27

Fierce fighting and rebel requisitioning have stopped work at many of the coal mines in and around the strongholds of Donetsk and Luhansk.

Russian economy stagnates

2014-07-10 07:58

Russia's economy is stagnating as capital worth $75bn has left the country so far this year following sanctions on Moscow over its involvement in Ukraine.

Global economy: US rebound on cards

2014-06-30 07:29

The US can consign its battered start to the year to history this week with June vehicle sales and jobs data expected to show a strong end to the second quarter.

Global markets: Asia shares up, Bangkok down

2014-05-20 11:08

Asian markets have mostly risen following gains on Wall Street, but Thailand's main index slipped after the army declared martial law.

Swiss say no to world's highest minimum wage

2014-05-19 09:26

Swiss voters have rejected proposals to introduce the world's highest minimum wage and spend $3.5bn buying new Gripen fighter jets from Saab. .

UN: South Sudan oil state battles a concern

2014-04-17 12:37

United Nations peacekeepers are "gravely concerned" about heavy fighting in South Sudan's key oil state of Unity, after rebels seized the town of Bentiu.

China could harm world economy growth - poll

2014-04-16 19:34

The world economy can expect steady growth at best, but any rapid slowdown in China could upset the still-unsteady progress, according to a Reuters poll.

China's tech potential

2014-04-15 07:47

Xi Jinping’s reforms could unlock huge opportunities for tech firms like Weibo.

US companies find other rewards for CEOs

2014-04-04 11:42

Major US companies are cutting back on glamorous luxuries follow pressure from shareholders, who have criticised over-the-top perks.

China's war on smog hinges on Hebei

2014-03-31 12:36

China's war on pollution is only a few weeks old but the battle lines are already being drawn between Beijing and Hebei, the province with high pollution.


Oil dive means rough ride for Gulf states

2014-12-19 09:14

Gulf countries are bracing for tough times as oil revenues fall and after they missed a golden chance to diversify in a decade of unprecedented windfalls.

Rouble crisis could shake Putin's grip

2014-12-17 09:28

Russia's failure to halt the collapse of the rouble has left President Vladimir Putin facing a full-blown currency crisis that could weaken his iron grip on power.

Poland feels loss of millions who moved abroad

2014-12-05 12:10

After 1.2 million of its citizens migrated in the ten years since Poland joined the European Union, the country is counting the economic and social cost.

Global economy: Asia factory activity slackens

2014-12-01 14:30

Manufacturing growth across Asia and Europe has eased in November as heavy price cutting failed to revive demand, surveys showed.

Ending financial robbery

2014-11-20 13:51

Edward Ingram presents his ideas on how to create a more stable global economy.

Australia, China sign free trade deal

2014-11-17 09:55

Australia and China have agreed on a landmark free trade deal, opening up markets worth billions to Australia and loosening restrictions on Chinese investment.

Corruption costs emerging countries $1trn/ year

2014-11-14 11:43

Corruption costs the global economy a fortune and developing countries lose $1trn a year to tax evasion, embezzlement and money laundering, say activists.

G-20 to tackle big firms using tax havens

2014-11-13 10:04

The politically-fraught issue of forcing big multinational companies to pay more tax will be high on the agenda at this weekend's G-20 summit in Brisbane.

Global economy: European growth elusive

2014-11-03 09:45

Data from both sides of the Atlantic will give clues in the coming week on just how bad the eurozone economy is and just how sustainable is its US counterpart.

Brazil faces struggle to restore good times

2014-10-27 11:44

President Dilma Rousseff has narrowly won re-election but will need to restore order to public finances in her second term to get Brazil's stalled economy back.

Global economy: US business activity slips

2014-10-23 17:14

Eurozone businesses have performed much better than forecasters expected this month but US manufacturing activity sputtered to its slowest since July.

Bleak picture facing global finance officials

2014-10-09 19:59

World finance officials are seeking solutions for a weak and uneven global economy, which is under threat from Europe and Latin America to China and Japan.

Paradise comes at a price

2014-09-25 07:08

Let's hope the Beijing sneeze does not result in global flu, says Leopold Scholtz.

Global economy searches for growth in Europe

2014-09-08 09:06

The eurozone's struggle to avoid another recession will take centre stage in the coming week, in the absence of major US data.

Europe fears deflation

2014-08-24 13:15

The eurozone's growing fears of deflation will be stirred again when preliminary consumer price data for August is issued.

Up to US to drive global economy - China

2014-07-10 10:15

China's finance minister says that the country is not planning any new stimulus measures and it is up to the United States to drive the global economy.

Lagarde hints at world growth forecast cut

2014-07-06 18:30

Global economic activity should strengthen this year and accelerate in 2015, although momentum could be weaker than expected, says IMF chief Christine Lagarde.

Argentina threatens to default on debt

2014-06-19 10:03

Buenos Aires remains locked in a legal fight with creditors who refused to participate in restructurings after Argentina defaulted on $100bn in bonds in 2002.

Crisis pushes Thailand to brink of recession

2014-05-20 10:57

Bangkok has all but withdrawn from the international stage, with the country led by a caretaker prime minister unable to take foreign policy decisions.

Eurozone unemployment holds steady

2014-05-02 13:43

Unemployment in the eurozone has held steady for the fourth consecutive month, according to Eurostat data.

US economy emerges from winter freeze

2014-04-17 09:06

The US economy is showing clear signs of emerging from the brutal winter with consumer spending picking up broadly, according to the Federal Reserve.

Australia approves second Sydney airport

2014-04-15 10:03

The Australian government has given the go-ahead to a second international airport for Sydney, ending decades of indecision.

Will Abenomics work?

2014-04-01 07:44

The market is rallying, but it's an open question whether Shinzo Abe can reform Japan.

Why China plays it safe

2014-03-27 07:21

China remains inscrutable as the US and Russia fight for dominance, says Leopold Scholtz.

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