China, India 'changing world economy'

2011-04-14 10:09:31

Australia's central bank governor says the world economy's center of gravity is shifting rapidly to Asia.

IMF: Many European banks on shaky ground

2011-04-14 09:14:53

The IMF singled out European banks as it insisted that more needs to be done to shore up the global financial system

Russia gets support from BRICS to join WTO

2011-04-13 13:51:56

Ministers from the BRICS countries expressed their strong support for Russia to join the World Trade Organization in 2011.

Japan downgrades economic outlook

2011-04-13 13:27:38

Japan says it has downgraded the country's economic outlook for the first time in six months due to the fallout from the March 11 earthquake and tsunami.

Cisco to overhaul consumer products unit

2011-04-12 21:41:28

Cisco Systems Inc will cut 550 jobs and shut down its Flip camera business in an overhaul of its troubled consumer products

Microsoft attacks Google over security

2011-04-12 11:06:08

Microsoft Corp found a new way to lash out at Google Inc on Monday, extending the hostilities between two of the most prominent corporations in the technology industry.

Japan says economy in 'severe' condition

2011-04-08 17:15:35

Japan's economy is in a "severe condition" with no quick recovery in sight following a triple disaster triggered by the March 11 earthquake that has sent service-sector sentiment plummeting the most on record, the government said on Friday.

Toyota to resume car output at half capacity

2011-04-08 16:36:13

Toyota Motor Corp said Friday it will resume car production at all its plants in Japan at half capacity from April 18 to 27.

BRICS to sustain strong growth

2011-04-08 07:55:52

CASS report says about $110 billion in foreign capital will flow into emerging markets this year.

Stocks fall after another earthquake hits Japan

2011-04-08 00:55:41

Stocks fell Thursday after a 7.4-magnitude earthquake struck off the coast of northern Japan. The losses moderated after a tsunami warning was lifted.

FTSE falls as eathquake in Japan hits sentiment

2011-04-08 00:30:59

Britain's top share index fell on Thursday after a second large earthquake to strike Japan within a month knocked investor confidence, with traders wary of further losses once Asian markets open.

Spain insists it is not next in line for bailout

2011-04-07 17:06:26

Spain's finance minister defended the nation's hurting economy on Tuesday, insisting that the country would not end up joining its neighbor Portugal in requesting a bailout.