World Economy

Japan's current account surplus rises 2.9 per cent in February

Tokyo- Japan's current account surplus in February rose 2.9 per cent from a year before to 2.48 trillion yen (24.38 billion dollars) for its second increase in a row, thanks to growing investment i

ECB expected to hold key rate, despite inflation threat

European Central BankFrankfurt- The European Central Bank (ECB) is expected

Asian CEOs more confident about business outlook than others

Singapore- Chief executive officers (CEOs) in Asia are far more upbeat about the business outlook for revenue growth than their counterparts across the globe, a survey said Thursday.

High commodity prices keep world afloat in US recession

Washington- For decades, Latin America has suffered badly during economic downturns in the United States, but the International Monetary Fund's latest global growth forecast predicts that a looming

US economy in recession, 25-per-cent chance world will follow

Washington - The United States economy is expected to enter a recession in 2008 and there is a 25-per-cent chance the rest of the world will follow suit, the International Monetary Fund forecast on

German financial authorities suspend activities of small bank

Berlin FinanceBerlin - The German financial supervisory authority BaFin Wednesday ordered an immedi

Pages