Euro zone crisis escalates on Greek debt fears
2011-04-18 22:12:29
Rising expectations that Greece will have to restructure its mountain of debt, possibly as early as the summer, sent the euro and the bonds of weak euro zone members tumbling
Pay $650,000 to shave Richard Branson's legs
2011-04-18 16:57:00
Billionaire Richard Branson's next cutting-edge risk will expose him like never before: he'll have his legs shaved by a potential stranger who'll pay at least $650,000 for the honor.
Indian wind turbine giant to invest more in China
2011-04-18 16:29:27
Suzlon, the world's fourth largest wind turbine maker, has determined to stay and increase investment in the Chinese market, according to a statement published Monday in the Economic Information Daily newspaper in Beijing.
Add yuan to IMF currency basket - Yi
2011-04-18 15:28:37
China's yuan is close to being a freely usable currency, one of two key tests for it to be included in the International Monetary Fund's currency basket
Toyota resumes production
2011-04-18 10:21:24
Toyota Motor Corp says it has resumed production at all of its plants in Japan for the first time since last month's massive earthquake and tsunami.
Oil market supply 'sufficient': Kuwait
2011-04-18 08:23:19
Kuwaiti caretaker oil minister said the global oil market has sufficient supplies, as unrest in the Midest and North African region has boosted oil prices by around 20 percent.
G20 agrees on system to curb imbalances
2011-04-17 08:20:50
Group of 20 finance chiefs agreed on details of a new surveillance system aimed at highlighting and rectifying flaws in the world economy.
IMF sees signs of overheating in Asia
2011-04-17 08:12:23
Economic growth in Asia will keep robust this year and the next, but there are signs of overheating.
G20 begins work on global imbalances
2011-04-16 21:45:21
Finance ministers and central bank governors from the world's 20 dominant economies have completed the first step to address global economic imbalances, French Finance Minister Christine Lagarde said here on Friday.
Experts: BRICS must show it can lead
2011-04-16 09:24:47
While leaders of the world's five largest emerging economies concluded their meeting looking for bigger roles in international affairs, experts have predicted an optimistic but uneven road ahead.
Moody's cuts Ireland's credit rating
2011-04-15 16:13:03
Moody's has cut Ireland's credit rating to Baa3, one level above junk, and says the nation could struggle to cut its deficit because of weak economic growth.
Sanya Declaration issued
2011-04-14 13:24:19
Leaders of the five fast-growing emerging economies vowed to support the reform and improvement in international monetary system
