Why do our cities collapse every monsoon?
Jun 18, 2013
Global economy recovering: Stanley Fischer
Jan 24, 2013
RBI takes measures to ease liquidity in market
Sep 16, 2008
Thomson Reuters | Tuesday October 27, 2015
Profits earned by Chinese industrial companies fell 0.1 per cent in September from a year earlier, data from the statistics bureau showed on Tuesday, levelling after a record 8.8 per cent collapse in August.
World News | Reuters | Tuesday July 7, 2015
At least three companies in Greece including its biggest electronic appliances chain have paid staff in cash, after the country imposed limits on withdrawals from banks last week in an bid to ward off a possible collapse of its banking system.
Thomson Reuters | Tuesday July 7, 2015
At least three companies in Greece including its biggest electronic appliances chain have paid staff in cash, after the country imposed limits on withdrawals from banks last week in a bid to ward off a possible collapse of its banking system.
World News | Reuters | Tuesday June 16, 2015
Greece and its creditors hardened their stances on Monday after the collapse of talks aimed at preventing a default and possible euro exit, prompting Germany's EU commissioner to say the time had come to prepare for a 'state of emergency'.
World News | Reuters | Wednesday February 25, 2015
A long-awaited truce appeared to be taking hold at last in east Ukraine on Wednesday as pro-Russian rebels pulled artillery from the front, but the news did nothing to halt a currency collapse that forced the central bank to ban most trading.
Thomson Reuters | Sunday February 22, 2015
Mr Tsipras and his Syriza party won power last month on promises to end Greece's EU/IMF bailout programme.
Thomson Reuters | Thursday February 12, 2015
Last week, Sahara described as forged a Bank of America letter intended to show Mirach had enough funds to arrange a $2 billion deal, which involved refinancing its overseas hotels, including Plaza and Grosvenor House in London.
Thursday December 18, 2014
Moscow said on Wednesday it would sell about $7 billion in foreign reserves to prop up its currency and also implement other measures to prevent a sell-off. That came after a central bank interest rate hike to 17 per cent from 10.5 per cent failed to halt a slide.
Wednesday December 17, 2014
The dramatic fall in Russia's rouble underscored how the oil collapse is shifting wealth and economic expectations around the world, creating a more volatile environment for the US central bank as it prepares to lift rates that have been near zero for six years.
Tuesday December 16, 2014
Russia's central bank raises its key interest rate to halt a collapse in rouble, raising fears about global economy. Russia's economy has been hit by the fall in oil prices and Western sanctions.
Tuesday September 16, 2014
Within three months of Lehman's collapse, the BSE Sensex crashed to 8,535 in the wake of global finance crisis, plunging 60 per cent from around 21,000 levels in January 2008.
Monday August 4, 2014
Lisbon on Sunday announced a near 5 billion-euro rescue of the country's largest listed bank Banco Espirito Santo, preventing its collapse and potential contagion across the continent's banking sector.
Saturday November 16, 2013
JPMorgan Chase & Co, the biggest US bank by assets, said on Friday it has agreed to pay $4.5 billion to settle claims by investors who lost money on mortgage-backed securities before the collapse of the US housing market.
World News | Reuters | Saturday November 16, 2013
JPMorgan Chase & Co said on Friday it has agreed to pay $4.5 billion to settle claims by investors who lost money on mortgage-backed securities before the collapse of the US housing market.
World News | Reuters | Monday October 14, 2013
Three American scientists won the 2013 economics Nobel prize on Monday for research that has improved the forecasting of long term asset prices, a hot topic since the collapse of the U.S. housing market bubble prompted a global financial meltdown.
Thursday September 12, 2013
But five years after the collapse of Lehman Brothers turned a mortgage crisis into a full-blown financial panic, banks are pulling back their balance sheets from the fringes of the credit markets, with more and more risk being driven to unregulated lenders that comprise the $60 trillion "shadow-banking" sector.
Sunday September 1, 2013
Rajan, a high-profile former IMF chief economist renowned for predicting the 2008 global financial collapse, moves into the Reserve Bank of India's office on Thursday, replacing his retiring predecessor Duvvuri Subbarao.
Wednesday August 28, 2013
The rupee has tumbled 17 per cent so far this year and hit an all-time low of 66.30 against the dollar on Tuesday, resisting a spate of interventions by the Reserve Bank of India (RBI) and the government as investor fears about emerging markets deepened in anticipation of reduced U.S. monetary stimulus.
World News | Reuters | Thursday May 16, 2013
Bangladesh will reopen more than 300 garment factories on Friday, ending a three-day forced closure due to worker protests over pay and working conditions after a building collapse killed more than 1,100 people.
World News | Reuters | Wednesday May 15, 2013
Wal-Mart Stores Inc stepped up Bangladesh factory inspections while US and European retailers pursued separate accords to try to prevent another disaster in a garment industry where more than 1,200 workers have died in the past six months.
Monday March 25, 2013
Oil prices rose in Asian trade today after Cyprus and its international creditors struck a 10-billion-euro bailout deal, averting a collapse of the country's banking system.
Monday March 25, 2013
The euro and Asian shares rose on Monday after Cyprus did a last-ditch deal with international lenders for a 10-billion-euro bailout hours before a deadline to avert a financial collapse on the Mediterranean island.
Saturday March 23, 2013
Cyprus faces a Monday deadline to clinch a 10 billion euro bailout from the European Union or the European Central Bank sauys it will cut off emergency funding to the country's stricken banks, spelling certain collapse and potentially pushing the island out of Europe's single currency.
World News | Agence France-Presse | Tuesday March 5, 2013
An Afghan court on Tuesday sentenced two senior Kabul Bank executives to five years in jail for a staggering multi-million-dollar fraud that caused the country's largest bank to collapse in 2010.