List/Grid World Subscribe RSS feed of category World
Bank of China Profit Up by 28%
Bank of China Ltd, the country’s leading lender in terms of assets, has reported that their first half of the year profit has moved up by 28% to a record...
Japan Downgraded by Moody’s
The credit ratings of banks from Japan were slashed by Moody’s Investors Service due to anxiety over weak public finance that may lessen the capability of the government to provide...
Asian Stocks Move Up as Export Industry Climbs
Stocks originating from Asia have risen for the first time in four days following the climb of exporters on prediction that the United States Federal Reserve is planning to have...
HK 7.9% Inflation May Boost Salaries amidst Threat of Recession
The inflation rate of Hong Kong has moved up at its quickest pace since 1995 which has pushed workers to ask for a higher wage even when the economy is...
Merkel: Avoid Pressure for EU Bonds
The German Chancellor Angela Merkel wanted to close the door on saying yes to the common euro area bonds in order to provide a solution to the debt crisis saying...
Stocks from China Go Down on Anxiety over Tight Monetary Measures
Stocks from China declined which has extended the benchmark index losses for the fifth consecutive day due to anxiety over the government’s tight monetary policies amidst the global economic slowdown...
Currencies in Asia Fall This Week
Asian currencies have declined this week with India’s rupee and South Korea’s won leading the pack due to the United States’ announcement that their figures show that the global economic...
India Gold Imports Set to Go on a High
Imports of gold by India, the world’s biggest consumer of the precious metal, are said to go at its peak record this 2011 as investors are turning on to gold...
Chinese Prime Minister Shows Confidence in US Treasuries
United States Vice President Joe Biden assured Chinese Prime Minister Wen Jiabao that China should not be afraid when it comes to their investment on the American Treasuries. Biden and...
Putin: “The US is a parasite”, Russian Treasuries Up by 1,600%
The Prime Minister of Russia, Vladimir Putin, said that the United States “is a parasite” due to their increasing debts and massive effect on the global economy. Putin also said...
