Jolted by the U.S. subprime housing market, IMF's head Rodrigo Rato has warned that global investment and growth prospects were at risk from a dramatic rise in private equity buy-outs.
There are risks associated with the recent dramatic growth in..
Archive - July 2007
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Economics often prevails over politics. This observation is well proved by the increasing trade between Cuba and the US state of Alabama. Cuba has been an anathema for the US, since Fidel Castro took over the Central American country. Castro's anti-US...
The International Monetary Fund has assured that Asian economies will not face any substantial financial crisis amid the heavy influx of global capital.
Developing Asian economies are successfully attracting healthy foreign direct investment and...
US shares saw their biggest drops in more than four months as investors dealt with disappointing earning reports and rising concerns about the mortgage market.
The Dow Jones Industrial Average weakened by 226.47 points to 13716.95. Twenty-nine of..
China raised interest rates in the latest series of tightening steps aimed at keeping inflation in check and preventing the world's fourth-largest economy from overheating.
The People's Bank of China increases its benchmark one-year lending...
Wall Street retreated after Federal Reserve Chairman, Ben Bernanke's comment that the deteriorating economy pace, rising inflation and looming housing sector will remain a risk to consumer spending and overall economic growth.
Amid the inflation...
China's General Administration of Quality Supervision, Inspection and Quarantine has suspended imports of chicken and pork from Tyson Foods Inc with six other U.S. companies.
China's quality watchdog agency arraigned that frozen chicken meat...
New Zealand's inflation increased more than 1 per cent in the second quarter amid the rising petrol prices.
Statistics New Zealand's published data shows that petrol prices increased by 8 per cent, which lifted country's transport prices by...
Rising foreign investment is ensuring China's development as it mounted 22 percent to $6.6 billion in June compared to last year.
The Ministry of Commerce asserts that China's foreign direct investment (FDI) grew 12 percent to $31.9 billion in...
China's economy is booming despite its humiliating foray into tainted food and other hazardous stuff. In the last three months, country's foreign reserve has added an overwhelming $266.3 billion, which pushed the total reserve to a record $1.33...
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