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  • Cambodia eyes Chinese market for rice export: PM

    2010-10-18 16:20

    Cambodia's Prime Minister Hun Sen said Monday that his country is eyeing Chinese market for rice exports.

  • US fiscal 2010 deficit thins to $1.29 trillion

    2010-10-16 13:37

    The US budget deficit for fiscal 2010 narrowed to $1.294 trillion from last year's record $1.416 trillion as tax collections started to recover and bailout spending fell sharply.

  • Bernanke sees case for more Federal Reserve easing

    2010-10-16 10:42

    US Federal Reserve Chairman Ben Bernanke on Friday offered his most explicit signal yet that the US central bank was set to ease monetary policy further, but provided no details on how aggressively it might act.

  • US to delay decision in China currency dispute

    2010-10-16 00:56

    The Obama administration plans to delay a decision on whether to label China a currency manipulator, a move long demanded by many U.S. lawmakers but also a potentially big wrench in an important relationship.

  • Nepal Likely to Join IMF Program in 2011

    2010-10-15 13:46

    Nepal could enter a program of the International Monetary Fund(IMF), if the new government did not opine otherwise, from 2011 for three years to avoid possible adversities of balance of payment deficit and maintain financial instability.

  • S Korea's unemployment rate drops most in OECD

    2010-10-14 13:33

    South Korea's unemployment rate reported the sharpest fall among member countries of the Organization of Economic Cooperation and Development (OECD) in August, a report showed Thursday.

  • EU struggles over ways to prevent new debt crisis

    2010-10-14 09:00

    After months of agonizing, leaders of the European Union are closing in on new oversight rules to ensure sound finances, prevent another government debt crisis and restore the credibility of the euro.

  • Bulgaria welcomes Chinese investment: official

    2010-10-12 11:28

    Bulgaria invites Chinese investment as the country offers the lowest taxes within the European Union, a senior Bulgarian official said Monday.

  • HP's new CEO to start job in a courtroom

    2010-10-12 10:47

    Hewlett-Packard Co's new CEO will start his job in a courtroom and in the crosshairs of HP's new antagonist, Oracle Corp.

  • IMF fails to ease currency frictions

    2010-10-11 07:22

    The world's top finance officials wrapped up three days of talks in Washington on Sunday after failing to reach a consensus on measures to head off what some see as a looming currency war.

  • Further shift in IMF quota shares likely

    2010-10-10 08:53

    The International Monetary Fund (IMF) main policy committee on Saturday called on its managing director to report to it on progress on quota and governance reforms by the end of October.

  • Dow closes above 11,000 for first time since May

    2010-10-09 09:42

    The Dow Jones industrial average closed above 11,000 for the first time in five months Friday as hopes built that the Federal Reserve will take more action to get the economy going again.

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