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  • Cuba loses $400 million due to embargo: official

    2010-10-21 12:11

    Cuba lost $400 million in 11 months due to the trade embargo imposed by the United States, Cuban Vice Minister of Foreign Trade and Foreign Investment Orlando Hernandez Guillen said Wednesday.

  • Brazil urges G20 to solve currency war

    2010-10-21 10:44

    Brazilian President Luiz Inacio Lula da Silva Tuesday urged G20 leaders from developed and developing countries to discuss a final solution to what he called a global "currency war."

  • Guangdong, Egypt sign $400 million trade deals

    2010-10-21 09:47

    Egypt and China's Guangdong province Wednesday signed here 22 contracts on trade and economic cooperation with a total value of $400 million in a business conference.

  • IBM to cut 190 jobs in Dublin, move them to China

    2010-10-21 08:23

    IBM Corp said Wednesday it plans to cut 190 jobs at its Ireland server-manufacturing lines and move them to China.

  • ROK's jobless rate fixed at 3.4% in Sept

    2010-10-20 16:11

    South Korea's job market showed signs of stabilization in September, with the monthly jobless rate staying steady, amid an economic recovery in the local economy, a government report showed Wednesday.

  • Russia to join WTO within a year: US

    2010-10-20 14:58

    US President Barack Obama's senior economic adviser says Russia will join the World Trade Organization within the next 12 months.

  • Japan watchdog asked to review Yahoo, Google deal

    2010-10-20 14:43

    A Japanese online shopping mall operator said Wednesday it has asked the country's anti-monopoly watchdog to review a tie-up between Yahoo Japan Corp and Google Inc.

  • China, Turkey hold forum to boost economic ties

    2010-10-20 11:21

    Some 150 participants from China and Turkey held a forum here Tuesday to explore trade opportunities in depth in a recent push to boost economic and trade relations.

  • Eurogroup: Exchange rate volatility harms global economy

    2010-10-19 10:57

    Excessive volatility in the exchange rates could harm global economy, the Eurogroup chief said on Monday as the euro touched a nearly nine-month high against the US dollar recently.

  • Brazil to export oil byproducts: president

    2010-10-19 09:58

    Brazilian President Luiz Inacio Lula da Silva said Monday state-controlled oil and gas giant Petrobras will export oil byproducts besides crude oil.

  • Russia's GDP to grow 10 pct a year by mid-decade

    2010-10-19 09:55

    Russia's gross domestic product (GDP) will grow by 8-10 percent a year by the middle of this decade, Russian Financial Minister Alexei Kudrin told the federal parliament, State Duma, on Monday.

  • Citigroup posts $2.2b profit, tops expectations

    2010-10-18 22:32

    Citigroup Inc reported a third consecutive quarterly profit on Monday, slightly beating expectations, as losses slowed and the bank set aside less money to cover bad loans.

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