Global economy lacking demand growth
©Getty Christine Lagarde, the IMF managing director, captured a sense of fragmentation last month when she spoke of a “three-speed” global economy. On this week’s evidence, however, there…
Beijing signals concern at rising jobless
China’s newly installed leaders have signalled their concern about rising unemployment in the slowing Chinese economy with several carefully stage-managed public appearances this week. On Tuesday, Chinese President…
China’s corporate debt market set to challenge US
China is forecast to surpass the US as the world’s largest corporate debt market for non-financial companies in the next two years, according to a report from Standard…
China: High and dry
©Alamy Holed beneath the waterline: China’s droughts and water shortages are pushing people to leave their homes and join an exodus to the cities Wang Fuguo, a 63-year-old…
China: High and dry
©Alamy Holed beneath the waterline: China’s droughts and water shortages are pushing people to leave their homes and join an exodus to the cities Wang Fuguo, a 63-year-old…
WTO head needs progress on global pact
©Reuters Back in 1999, 100,000 protesters gathered in Seattle intent on disrupting the smooth running of the World Trade Organisation meeting and its aim of liberalising trade. These…
India cuts rates to boost growth
The Reserve Bank of India on Friday cut the repo lending rate by 25 basis points to 7.25 per cent, the third rate reduction since January, against a…
Goa dares to hope as India eases mining ban
©Bloomberg Iron ore is stockpiled at Marmagoa Port in Goa, India waiting for export Drive inland away from the palm-fringed tourist beaches of Goa and into the small…
IMF warns on capital inflows into Asia
©AFP Strong capital inflows into Asia have increased the risks stemming from rapid credit growth and rising asset prices, the International Monetary Fund said on Monday. In its…
India in push for more economic reforms
©Reuters India’s government will push for more economic reforms in the months ahead, including the easing or abolition of limits on foreign direct investment in various sectors, according…
Sugar leaves sour taste in Indian drought
Nyandu Maske, aged about 70, waiting with his cattle at the fodder station in Gawalwadi, Beed district©Victor Mallet Bindusara Dam has been dry for three months. The authorities…
