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 |
South Korea’s Q2 GDP growth revised down
September 6th, 2012 - 1:29 pm ICT by IANS
Seoul, Sep 6 (IANS) South Korea's gross domestic product (GDP) growth for the second quarter was revised down to 0.3 percent, the central bank said Thursday.Real GDP, the broadest measure ... Read more...
Posted in Business |
`Brazil withstanding worst year of global crisis’
August 31st, 2012 - 12:21 pm ICT by IANS
Brasilia, Aug 31 (IANS/EFE) Brazil's finance minister said Thursday that Latin America's largest economy is holding up well amid the "worst year" of the global economic crisis and that its ... Read more...
Posted in Business |
South Korea’s GDP grows
July 26th, 2012 - 1:38 pm ICT by IANS
Seoul, July 26 (IANS) South Korea's gross domestic product (GDP) grew 0.4 percent in the second quarter from three months earlier, the central bank said Thursday.Real GDP, the broadest measure ... Read more...
Posted in Business |
‘Inter-dependence, not independence, is geopolitical mantra’
July 21st, 2012 - 7:28 pm ICT by IANS
New Delhi, July 21 (IANS) In the state of play in contemporary geopolitics a country can only derive power from robust and sustained economic performance, which is also capable ... Read more...
Posted in Business |
IMF pares India’s growth to 6.1 percent
July 16th, 2012 - 8:37 pm ICT by IANS
Washington, July 16 (IANS) With global recovery weakening further, the International Monetary Fund (IMF) has marginally reduced India's growth projections from 6.8 percent to 6.1 percent for 2012 ... Read more...
Posted in World |
Austria needs immigration to fill job gaps: Minister
July 11th, 2012 - 1:59 pm ICT by IANS
Vienna, July 11 (IANS) Despite current concerns over unemployment, Austria will need more immigrants to fill job gaps in future, Minister for Social Affairs Rudolf Hundstorfer said here.
"Over the ... Read more...
Posted in World |
Aerospace, defence business sluggish in 2011: Study
July 11th, 2012 - 12:02 am ICT by IANS
New Delhi, July 10 (IANS) The global aerospace and defence industry performance in 2011 was sluggish, posting a revenue gain of just 2.3 percent compared to 2.5 percent in 2010, ... Read more...
Posted in Business |
DLF’s K.P. Singh gets entrepreneurship award (Lead)
June 26th, 2012 - 6:26 pm ICT by IANS
New Delhi, June 26 (IANS) Realty major DLF's chairman, K.P. Singh, has been conferred the "Indian Business Leader of the Year" award by Horasis: The Global Visions Community -- an ... Read more...
Posted in Business |
Oil unable to push UAE’s GDP further: Economist
June 7th, 2012 - 11:40 am ICT by IANS
Dubai, June 7 (IANS) As Abu Dhabi's oil production is near its maximum capacity, the oil and gas sector is not expected to drive the United Arab Emirates (UAE) output ... Read more...
Posted in Business |
South Korea’s GDP grew 0.9 percent in Q1
April 26th, 2012 - 1:42 pm ICT by IANS
Seoul, April 26 (IANS) South Korea's gross domestic product (GDP) grew 0.9 percent in the first quarter from three months earlier, the central bank said Thursday.Real GDP, the broadest measure ... Read more...
Posted in Business |
Policy uncertainty hurting FDI inflows: RBI
April 11th, 2012 - 9:07 pm ICT by IANS
New Delhi, April 11 (IANS) Foreign direct investment (FDI) inflows to India in recent years have been far below the potential mainly because of "policy uncertainty", a Reserve Bank of ... Read more...
Posted in Business |
Japan’s core composite economic index up
April 6th, 2012 - 3:22 pm ICT by IANS
Tokyo, April 6 (IANS) Japan's key composite economic index jumped 1.0 point in February, marking the first increase in two months, the government said Friday.The umbrella coincident indicators, including readings ... Read more...
Posted in Business |
India’s economic performance commendable: PM
March 19th, 2012 - 2:21 pm ICT by IANS
New Delhi, March 19 (IANS) The expected growth rate of about seven percent this fiscal should be regarded as commendable in the light of difficult global economic conditions, Prime ... Read more...
Posted in Business |
US economy on road to recovery: White House
February 18th, 2012 - 1:30 pm ICT by IANS
Washington, Feb 18 (IANS) The United States economy is on the road to recovery with stronger job growth expected this year, but income inequality and Europe's debt crisis could still ... Read more...
Posted in Business |
IMF approves another bailout tranche for Greece
December 6th, 2011 - 4:03 pm ICT by IANS
Moscow, Dec 6 (IANS/RIA Novosti) The International Monetary Fund has approved a 2.2-billion euro ($2.9 billion) instalment of international financial aid to keep the Greek economy afloat, the global financial ... Read more...
Posted in Business |
South Korea’s economic growth revised up in Q3
December 6th, 2011 - 2:25 pm ICT by IANS
Seoul, Dec 6 (IANS) South Korea's economic growth was revised up to 0.8 percent in the third quarter due to brisk exports and rising government expenditures, the central bank said ... Read more...
Posted in Business |
China expects world’s ‘return gesture’ for opening up
November 29th, 2011 - 3:51 pm ICT by IANS
Beijing, Nov 29 (IANS) Beijing wants "something in return" from other countries, including the US, for further opening up its market for their products.According to Chinese Commerce Minister Chen Deming, ... Read more...
Posted in Business |
US Fed sees less certain economic outlook
October 20th, 2011 - 3:05 am ICT by IANS
Washington, Oct 20 (IANS) The US economy continues to expand at a modest pace, but with weaker or less certain outlook, Xinhua reported Wednesday.In its latest economic performance survey, the ... Read more...
Posted in Business |
China’s GDP falls to two-year low
October 19th, 2011 - 7:49 am ICT by IANS
Beijing, Oct 19 (IANS) China's GDP expanded by 9.1 percent year-on-year in the third quarter of 2011, marking the slowest pace since the third quarter of 2009, the National Bureau ... Read more...
Posted in Business |
China’s Q3 GDP grows at slowest pace in two years
October 18th, 2011 - 2:09 pm ICT by IANS
Beijing, Oct 18 (IANS) China's GDP expanded 9.1 percent year-on-year in the third quarter of the year, the slowest pace since the third quarter of 2009.
The growth rate was down ... Read more...
Posted in Business |
S&P; cuts Spain’s debt rating
October 14th, 2011 - 3:36 pm ICT by IANS
New York, Oct 14 (IANS) Standard & Poor's have cut Spain's long-term debt rating from AA to AA-, with a negative outlook.The ratings agency said in a statement Thursday that ... Read more...
Posted in Business |
Minister upbeat on Pakistan’s economy
September 28th, 2011 - 2:29 pm ICT by IANS
Islamabad, Sep 28 (IANS) Positive macro-economic performance coupled with expected investment inflows into Pakistan would help bolster the national economy, a senior minister has said.Finance Minister Abdul Hafeez Shaikh, who ... 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 |
China’s GDP up 9.6 percent
July 13th, 2011 - 2:46 pm ICT by IANS
Beijing, July 13 (IANS) China's economy expanded by 9.6 percent year-on-year in the first half of 2011, the National Bureau of Statistics (NBS) said Wednesday.Gross domestic product (GDP) rose by ... Read more...
Posted in Business |
Pakistan fails to convince IMF to release final tranche of $11.3bn loan
April 19th, 2011 - 1:50 pm ICT by ANI
Washington, April 19(ANI): The Pakistani delegation to the International Monetary Fund-World Bank spring meetings is set to return home without any agreement on the release of the final tranche of an 11.3-billion-dollar ... Read more...
Posted in South Asia |
Pakistan fails to get IMF assurance on $11.3 bn loan release
April 19th, 2011 - 12:39 pm ICT by IANS
Islamabad, April 19 (IANS) Pakistan has failed to get any indications from the International Monetary Fund (IMF) on the release of the final tranche of an $11.3 billion loan package, ... Read more...
Posted in South Asia |
Better living standards lead to humans growing taller
April 9th, 2011 - 5:45 pm ICT by ANI
London, April 9 (ANI): A new study has revealed that better living standards lead to humans growing taller.The research also found that while the Scots were taller than the English 200 years ... Read more...
Posted in Life Style |
Global CO2 emissions may reach ‘record levels in 2010′
November 22nd, 2010 - 1:01 pm ICT by ANI
London, Nov 22 (ANI): A new study from the University of Exeter (UK) has said that global CO2 emissions may reach record levels in 2010.The authors found that global CO2 emissions from ... Read more...
Posted in Health Science |
Global CO2 emissions on the rise again in 2010
November 22nd, 2010 - 12:59 pm ICT by IANS
Washington, Nov 22 (IANS) Global carbon dioxide emissions, the main contributor to global warming, show no sign of abating and may reach record levels in 2010, according to a study.The study, led ... Read more...
Posted in Environment |
Economy set to grow nine percent in 2011-12: Manmohan Singh
November 12th, 2010 - 12:34 pm ICT by ANI
Seoul, Nov 12 (ANI): The Prime Minister Dr. Manmohan Singh on Friday said India will revert to its pre-crisis economic growth rate of nine per cent in the next fiscal.Addressing the ... Read more...
Posted in World |
G20 nations must help fix infrastructure gaps: Manmohan Singh (Lead)
November 12th, 2010 - 12:18 pm ICT by IANS
By Arvind Padmanabhan
Seoul, Nov 12 (IANS) Indian Prime Minister Manmohan Singh Friday put his grand proposal before the G20, calling for a new global rebalance in which funds from surplus nations ... Read more...
Posted in Business |
China’s economic growth slows to 9.6 percent third quarter
October 21st, 2010 - 2:11 pm ICT by IANS
Beijing, Oct 21 (IANS) China's economic growth continued to decelerate duering the third quarter of this year, as the government started to pull out the fiscal stimulus package, even as rising inflation ... Read more...
Posted in Business |
Badal wants soft border with Pakistan
September 18th, 2010 - 7:17 pm ICT by IANS
Chandigarh, Sep 18 (IANS) Punjab Chief Minister Parkash Singh Badal Saturday urged the governments of India and Pakistan to take initiatives to make the international border between both the countries soft, secure ... Read more...
Posted in South Asia |
Government committed to wellbeing of workers: PM (Lead)
September 15th, 2010 - 4:00 pm ICT by IANS
New Delhi, Sep 15 (IANS) Prime Minister Manmohan Singh Wednesday said the government is committed to promoting the wellbeing of workers, especially those in the unorganised sector who comprise over 90 ... Read more...
Posted in Politics |