S&P; upgrades South Korea’s sovereign rating
September 14th, 2012 - 3:46 pm ICT by IANS
Seoul, Sep 14 (IANS) Global credit rating appraiser Standard & Poor Friday upgraded the sovereign rating on South Korea by one notch to "A-plus", just one notch lower than those ... Read more...
Posted in Business |
‘Global economic slowdown delays South Korean recovery’
September 3rd, 2012 - 1:15 pm ICT by IANS
Seoul, Sep 3 (IANS) Global economic slowdown caused mainly by Europe's fiscal crisis has been delaying South Korea's economic recovery, the nation's finance minister said Monday."Exports showed a minus growth ... Read more...
Posted in Business |
South Korean economy shows weaker growth momentum
August 9th, 2012 - 1:44 pm ICT by IANS
Seoul, Aug 9 (IANS) The South Korean economy has seen a weakening growth momentum due to lacklustre exports and domestic demand, the central bank said Thursday."The domestic economy showed weaker ... Read more...
Posted in Business |
South Korean economic indicators weakening on sagging export
August 7th, 2012 - 1:48 pm ICT by IANS
Seoul, Aug 7 (IANS) South Korea's economic indicators related to production and investment weakened recently due to a reduction in exports, the finance ministry said Tuesday."Our economy saw stable consumer ... Read more...
Posted in Business |
South Korean economic indicators weaken
May 8th, 2012 - 4:14 pm ICT by IANS
Seoul, May 8 (IANS) South Korean economy continued to see employment improve, but economic indicators weakened amid slowing consumer price inflation, the finance ministry said Tuesday."Our economy saw employment maintain ... Read more...
Posted in Business |
Sensex ends in red; power, realty, auto stocks fall (Lead)
April 26th, 2012 - 5:59 pm ICT by IANS
Mumbai, April 26 (IANS) Indian equities markets benchmark indices witnessed choppy trading Thursday, a day after ratings agency Standard & Poor's lowered its outlook to "negative" from "stable" on ... Read more...
Posted in Uncategorized |
Choppy trading at Indian equities after outlook downgrade
April 26th, 2012 - 2:40 pm ICT by IANS
Mumbai, April 26 (IANS) Indian equities market was witnessing choppy trading Thursday, a day after ratings agency Standard & Poor's lowered its outlook to negative from stable on India's ... Read more...
Posted in Business |
S&P; lowers outlook for Infosys, TCS, Wipro to negative
April 25th, 2012 - 8:47 pm ICT by IANS
New Delhi, April 25 (IANS) Rating agency Standard & Poor's (S&P;) Wednesday revised outlook for three top Indian information technology companies -- Infosys, Tata Consultancy Services (TCS) and Wipro -- ... Read more...
Posted in Uncategorized |
Ratings downgrade was inevitable: Wipro
April 25th, 2012 - 8:04 pm ICT by IANS
Bangalore, April 25 (IANS) Downgrading of India's sovereign rating to negative from stable by global rating agency Standard & Poor's (S&P;) was a cause for concern though inevitable due to ... Read more...
Posted in Business |
S&P; cuts India’s outlook, warns of ratings downgrade (Lead)
April 25th, 2012 - 4:55 pm ICT by IANS
Mumbai/New Delhi, April 25 (IANS) Ratings agency Standard & Poor's Wednesday lowered its outlook on India to negative from stable, and warned of a ratings downgrade citing deteriorating economic ... Read more...
Posted in Business |
No need to panic on S&P; negative outlook: Mukherjee
April 25th, 2012 - 4:43 pm ICT by IANS
New Delhi, April 25 (IANS) The government is concerned about ratings agency Standard & Poor's (S&P;) lowering India's credit rating outlook but there is no need to panic, said ... Read more...
Posted in Business |
S&P; lowers India’s outlook to negative
April 25th, 2012 - 3:25 pm ICT by IANS
Mumbai, April 25 (IANS) Ratings agency Standard & Poor's Wednesday lowered its outlook on India to negative from stable, and warned of a ratings downgrade citing deteriorating economic indicators and ... Read more...
Posted in Business |
China’s GDP growth slows to 8.1 percent (Lead)
April 13th, 2012 - 1:50 pm ICT by IANS
Beijing, April 13 (IANS) China's economy expanded 8.1 percent year-on-year in the first quarter of 2012, slowing from 8.9 percent in the fourth quarter of last year, the National Bureau ... Read more...
Posted in Uncategorized |
India should play larger role in global economy: Economic Survey
March 15th, 2012 - 8:46 pm ICT by IANS
New Delhi, March 15 (IANS) India needs to play a larger role in the global economy, especially on issues related to trade, capital flows, financial regulation and climate change, ... Read more...
Posted in Business |
South Korea faces consumer price instability
March 6th, 2012 - 1:55 pm ICT by IANS
Seoul, March 6 (IANS) South Korean economy is facing consumer price instability amid higher oil prices, the finance ministry said Tuesday."Our economy saw employment maintain its recovery trend, and major ... Read more...
Posted in Business |
South Korea’s consumer confidence rebounds
February 24th, 2012 - 1:44 pm ICT by IANS
Seoul, Feb 24 (IANS) South Korea's consumer confidence rebounded in February as positive economic indicators in the US boosted hopes for the global economic recovery, the central bank said Friday.Consumer ... Read more...
Posted in Business |
`South Korean economic indicators weakening’
February 7th, 2012 - 3:03 pm ICT by IANS
Seoul, Feb 7 (IANS) The employment scenario in South Kore continues to improve, but other economic indicators have weakened amid persistent inflation, the finance ministry said Tuesday."Our economy saw employment ... Read more...
Posted in Business |
Pakistan pursuing prudent economic policies: Gilani
January 20th, 2012 - 12:58 pm ICT by IANS
Islamabad, Jan 20 (IANS) A number of targets in the economic sector have been achieved during the first six months of the current fiscal due to the prudent policies ... Read more...
Posted in South Asia |
South Korea’s central bank leaves key rate unchanged
January 13th, 2012 - 3:33 pm ICT by IANS
Seoul, Jan 13 (IANS) The Bank of Korea (BOK) left its benchmark interest rate unchanged at 3.25 percent Friday, keeping its rate freeze stance for a seventh straight month due ... Read more...
Posted in Business |
French unemployment reaches record high in November
December 27th, 2011 - 2:38 pm ICT by IANS
Paris, Dec 27 (IANS) The number of jobless people in France hit a record high in November, as the country faced a double threat of spiralling debt crisis and weak ... Read more...
Posted in Business |
Pakistan’s economic indicators positive: minister
December 20th, 2011 - 12:43 pm ICT by IANS
Islamabad, Dec 20 (IANS) Pakistan's economic indicators were showing positive results and the government wants to improve the efficiency of state owned enterprises, says Finance Minister Abdul Hafeez Shaikh.Shaikh said ... Read more...
Posted in Business |
South Korea’s industrial output shrinks in October
November 30th, 2011 - 2:10 pm ICT by IANS
Seoul, Nov 30 (IANS) South Korea's industrial output contracted last month amid lingering uncertainties surrounding Europe's debt crisis and the possible global economic slowdown, a government report showed Wednesday.Output in ... Read more...
Posted in Business |
China’s industrial production slows in October
November 9th, 2011 - 3:45 pm ICT by IANS
Beijing, Nov 9 (IANS) China's industrial output grew by 13.2 percent year-on-year in October, down from September's 13.8-percent growth, the National Bureau of Statistics (NBS) said Wednesday.In the first 10 ... Read more...
Posted in Business |
Omega Healthcare to hire 1,000 employees in India
August 11th, 2011 - 7:28 pm ICT by IANS
Chennai, Aug 11 (IANS) The US-based healthcare sector business process outsourcing (BPO) Omega Healthcare will increase its headcount by 1,000 in India and target 40 percent revenue growth this fiscal, ... Read more...
Posted in Business |
China’s GDP growth sees moderate slowdown (Lead)
July 13th, 2011 - 4:42 pm ICT by IANS
Beijing, July 13 (IANS) China's economic growth rate is decelerating, and officials and analysts believe the moderation is healthy.
Gross domestic product (GDP) rose by 9.5 percent year-on-year in the ... Read more...
Posted in Business |
US stocks mixed as economic concerns weigh on market
June 9th, 2011 - 2:40 am ICT by IANS
New York, June 9 (IANS) US stocks traded mixed Wednesday as worries about the economic recovery weighed on the market, Xinhua reported.Concerns over the global economy have grown due to ... Read more...
Posted in Business |
Parks, libraries, swimming pools, coffee contribute to Brit happiness
March 29th, 2011 - 7:03 pm ICT by ANI
London, Mar 29 (ANI): A survey on what really makes the Britons happy has found that some feel parks, libraries, swimming pools, and the smell of coffee can boost their happiness.Ministers last ... Read more...
Posted in World |
Christchurch quake to cost $11 bn
March 6th, 2011 - 7:20 pm ICT by IANS
Christchurch, March 6 (IANS) The Christchurch earthquake will cost up to $11 billion and affect GDP growth by 1.5 percent, the New Zealand government said Sunday.But the government predicted ... Read more...
Posted in Uncategorized |
Musharraf’ tenure as President was best in Pak’s history: Ex-Finance Minister
November 15th, 2010 - 5:44 pm ICT by ANI
Lahore, Nov 15(ANI): Former Pakistan President Pervez Musharraf's regime was the best in over 60 years history of the country, former Finance Minister Dr. Salman Shah has said.Addressing a discussion titled ... Read more...
Posted in South Asia |
Households do not see respite from rising prices
October 14th, 2010 - 9:50 am ICT by IANS
Mumbai, Oct 14 (IANS) Households do not expect a respite from rising prices in the near future and a majority of them see at least one percentage point rise in general inflation ... Read more...
Posted in Business |
Amethi is poorer than Purulia, CPI-M tells Rahul
September 9th, 2010 - 7:42 pm ICT by IANS
New Delhi, Sep 9 (IANS) The Communist Party of India-Marxist (CPI-M) Thursday hit back at Congress general secretary Rahul Gandhi for calling Purulia in Left-ruled West Bengal as "most backward in ... Read more...
Posted in Business |
Sample survey next week ahead of 2011 economic census
August 8th, 2010 - 7:49 pm ICT by IANS
Aizawl, Aug 8 (IANS) Ahead of the Economic Census 2011, a sample survey would be conducted in Maharastra, Karnataka, Himachal Pradesh and Mizoram from next week, officials said here Sunday.
"The 6th Economic ... Read more...
Posted in Business |
Countries with high defence spending better to withstand financial impact: Report
June 18th, 2010 - 5:26 pm ICT by ANI
Birmingham, Jun 18 (ANI): Countries with high defence spending are in a better to withstand the effects of financial slow down than others, according to a new study led by University of ... Read more...
Posted in World |
US consumer confidence dips further
February 5th, 2010 - 5:54 pm ICT by IANS
New York, Feb 5 (IANS) Consumer confidence in the US cooled this month as Americans worried about their overall financial situation, according to the latest index of consumer attitudes and spending.
The CASH ... Read more...
Posted in Business |
India to sustain and enhance global engagements: Anand Sharma
November 8th, 2009 - 5:35 pm ICT by ANI
New Delhi, Nov.8 (ANI): Commerce and Industry Minister Anand Sharma addressed a session on "Reinforcing Economic Imperatives: India's Global Engagements" at the 25th India Economic Summit jointly organized by the Confederation of ... Read more...
Posted in Business |