Browsing Category News
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New rules help South Korea’s housing market
Policy makers have stepped up plans to stimulate the real estate market and entice more buyers after the country registered tentative demands and want to prevent further wavering d... -
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World braced for global food shortages
In the last five months, the US has lost around 100m tonnes of crops, predominately in South America and the US grain belt, an area which has been struggling with over 37.C degree ... -
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Shakeup at Singapore Stock Exchange
The change comes after the Hong Kong market watchdog, the Securities and Futures Commission (SFC), threatened to move in on investment banks if they allowed any false information a... -
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Bernanke panics
In his opening statement to a committee in Congress yesterday, Bernanke said the bleak issues must be dealt with “sooner rather than later.” “We are looking very carefully at... -
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Chinese growth slows to three year low
The National Bureau of Statistics (NBS) found China’s growth fell to 7.6 percent, down from 8.1 percent in the first quarter. The world’s second-biggest economy has been plague... -
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China cuts cost of crude
Chinese authorities have reduced the fuel price by five percent and said the move was made as a result of internationally low crude oil prices and changes in global and regional ec... -
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Spanish recession targeted
The first instalment is part of an emergency €100bn aid initiative agreed in June to inject some much needed funds into the wavering economy and to prevent any further downward s... -
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EU banks set for regulatory shake up
One single bank supervisor will report directly to the European Central Bank in order to police the largest and most influential banks in the EU, in the wake of the Libor scandal t... -
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UK prepared to close its doors to Greece
Addressing his MPs at the House of Commons liaison committee yesterday, Cameron said he’d “do whatever it takes to protect the United Kingdom from a Greek influx,” should the... -
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GlaxoSmithKline found guilty in US drug fraud case
The fine comes after the British heavyweight admitted several criminal charges relating to US marketing laws, by promoting two of its drugs for unapproved use and for failing to re...
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