Browsing Category News
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South Africa’s COSATU calls on ANC to tighten FX rules
South Africa’s biggest union federation COSATU, a partner of the ruling ANC party, has called for a reversal of measures taken to relax foreign exchange controls and taxing short... -
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Zambia raises 2010 GDP forecast to 6.6%
Zambia has raised its 2010 economic growth forecast to 6.6 percent from a June forecast of 5.8 percent after a higher than expected performance in the first half of the year, Finan... -
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BOJ not doing enough on deflation
The Bank of Japan is not doing enough to fight deflation and one possibility is for the central bank to buy more government bonds, a campaign aide to a ruling party powerbroker cha... -
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Ukraine signs $950m China loan for railway link
Ukraine has secured a $950m loan from China to build a railway link between Kiev and the capital’s main airport and has hired a Chinese company for the project, the Chinese Peopl... -
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German president raises pressure on divisive banker
German President Christian Wulff has increased pressure on the Bundesbank to dismiss its contentious board member Thilo Sarrazin, arguing that the central bank needed to limit dama... -
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Japan dilemma as economic dependence on China grows
Japan’s growing dependence on China for growth grates with concerns over its expanding military reach, deepening a dilemma over how to engage with its giant neighbour even as the... -
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Russia home to wealthiest expats, Eurozone lags
Russia, Saudi Arabia and Bahrain are home to the wealthiest expats, with Eurozone countries falling behind when it comes to paying for foreign expertise, according to a survey of e... -
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Double-dip fears hit stocks, yen near 15 year high
World stocks fell on Tuesday in markets dominated by concerns the US economy is sliding back into recession, prompting further flows into safe-haven assets. The yen – favoured fo... -
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Seadrill sees growth and M&A after Q2 beat
Norway’s Seadrill Ltd, the world’s number two deepwater oil rig group, is ready to throw its weight around now that the Gulf of Mexico oil spill has made life harder for smalle... -
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Independent News revenue rises, advertising improves
Irish publishing group Independent News & Media has posted its first revenue growth in more than two years as recovering advertising pushed first-half sales up eight percent. ...
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