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Financial Crisis Has Created ‘Three-Speed’ World, Says Lagarde
The global financial crisis has created a ‘three-speed’ world economy with the eurozone at the bottom, and a ‘too-big-to-fail’ banking system that is now “more dangerous than ever”, said...
EU Officials Seek More Clout to Deal with Trade Disputes
European Union trade regulators are seeking new powers to compel companies to cooperate in anti-dumping investigations, a move which analysts say is aimed at strengthening the bloc's ongoing disputes...
South Korea Should Consider Developing Nuclear Weapons, Says Top Lawmaker
A prominent South Korean official on Tuesday said his country should consider matching the North’s nuclear work step-by-step, or bring back a former U.S. arsenal, as a way to...
Infographic: The World’s Natural Gas Giants
Using data from a BP statistical review, this infographic analyses how natural gas compares other with fossil fuels, and how the global natural gas market and its application has...
Asian Emerging Markets Vulnerable to Shock: ADB
Asia’s developing economies will pick up speed in 2013 but its recovery will remain fragile said the Asian Development Bank on Tuesday, citing vulnerability to external shocks and increasing...
US Treasury Secretary Urges EU to Focus on Growth, Not Austerity
The United States Treasury Secretary Jacob Lew on Monday urged European officials to adopt more growth-friendly policies to counter the region’s debt crisis, as well as to enact stronger...
China Promises Level Playing Field for Foreign Businesses
Chinese President Xi Jinping has promised to protect the interests of foreign companies in China amid rising concern among global firms about discriminatory policies and complicated bureaucratic processes that...
IMF Backs Japan’s $1.4tn Monetary Policy Boost
International Monetary Fund managing director Christine Lagarde on Sunday said the radical $1.4 trillion stimulus from the Bank of Japan would not only boost investor confidence in the world’s...
Key Economic News to Watch This Week: April 8
After a weaker-than-expected U.S. monthly jobs report on Friday, markets can expect the parade of weak March data to continue into the week. However, the upside to these signs...
Current Oil Prices Unlikely To Harm World Economy, Claims OPEC Chief
The Organization of the Petroleum Exporting Countries (OPEC) will not seek to raise oil prices any higher, said its secretary general Abdallah el-Badri on Thursday, claiming that the current...


