World Economy

Thousands of shareholders seek compensation from Deutsche Telekom

Deutsche TelekomFrankfurt - Proceedings began in a Frankfurt court Monday in which thou

OECD: Japan needs reforms to stay a world economic leader

Organization of Economic Cooperation and DevelopmentTokyo - J

Japan's foreign reserves hit record 1 trillion dollars

Tokyo - Japan's Japanese Yenforeign reserves rose to a new record in March, exceeding 1 trillion

G8 development ministers to boost aid to developing nations

Tokyo - Development ministers from the Group of Eight (G8) nations Saturday kicked off a two-day meeting to discuss partnerships with emerging economies to increase aid to impoverished regions.

Hungarian premier sees coalition ending but reforms continuing

Hungarian Prime Minister Ferenc GyurcsanyBudapest -  on Frid

Germany world's second biggest aid donor after US

Berlin - Germany has become the world's second biggest aid donor after the United States, the ministry of economic assistance said, quoting statistics released by the Organization for Economic Coop

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