China property boom not abating
©Reuters At the end of March, China’s newly installed premier Li Keqiang publicly reiterated the government’s determination to rein in rising property prices and a resurgent investment binge in the…
China pledges boost to India trade
©AFP Li Keqiang, Chinese premier, pledged on Tuesday to open China’s markets to Indian goods to help narrow India’s gaping bilateral trade deficit and boost mutual commerce between the two…
UK inflation falls to seven-month low
UK inflation fell to a seven-month low of 2.4 per cent in the year to April, down from 2.8 per cent the previous month, according to official data released on…
IMF calls for more Middle East reforms
The IMF has reiterated calls for economic reform across the Middle East and North Africa as states in political transition after the Arab spring struggle to maintain economic stability and…
Salmond outlines case for Scottish independence
©Dreamstime Scotland would be financially better off if it left the United Kingdom, Scottish first minister Alex Salmond said as he published a report on Tuesday designed to persuade people…
Don’t wait to fix Europe’s banking woes
A week ago the German finance minister, Wolfgang Schäuble, wrote in a spirited Financial Times opinion piece of the need for a “two-step” approach to European banking union. Given the…
Thai slowdown adds to Asia gloom
Thailand’s economy grew more slowly than expected in the first three months of this year, adding to a slew of recent disappointing data from other Asian economies that have cast…
Hague hints at veto of Syria arms ban
©PA William Hague, foreign secretary, declared on Monday that Britain will veto the renewal of the European Union arms embargo on Syria next week if EU member states block moves…
Tax clamp could cost jobs, warns minister
©EPA The backlash against corporate tax avoidance could end up costing the country jobs and investment, a Treasury minister has warned, as David Cameron outlined plans for international action on…
Dollar pares gains on profit-taking
The dollar gave up some of its recent gains against other big currencies astraders reported profit-taking from investors after strong moves the previous week. The dollar index, which weighs the US…