General
China opposes US and EU demands for yuan revaluation
China is digging in its heels against US and EU demands for a revaluation of
its currency and warning that the global economy could be heading for a
"double-dip" recession.
Categories: General
Bangkok faces mass protests
Tens of thousands of anti-government protestors have descended on Bangkok for six days of protests designed to force the government to resign and call elections
Categories: General
House prices on verge of double dip
House prices look poised to fall again after a flood of sellers wiped out the
seasonal boost usually provided by spring househunters.
Categories: General
EU seeks compromise on hedge fund rules
Spain, EU presidency holder, pressing for agreement at Brussels meeting
Categories: General
Death knell for British tank industry
The British tank building industry is under threat after the Treasury decided
its next generation of armoured vehicles will be made abroad.
Categories: General
Labour urged to set more radical policies
Call to reposition the party with more redistributive tax policies such as higher taxes on the rich
Categories: General
CNOOC to pay $3.1bn for Argentine stake
Chinese oil explorer to pay $3.21bn for 50% stake in Argentina’s Bridas Group in its first foray into Latin America
Categories: General
Wen links inflation to Communist party future
Chinese Premier Wen Jiabao put tackling inflation at the top of the policy agenda by linking rapid price rises with the survival of Communist Party rule
Categories: General
China hits at currency ‘protectionism’
Chinese Premier Wen Jiabao warns other countries that pressuring China over its currency policy was equivalent to protectionism
Categories: General
Lower borrowing fails to lift Treasury gloom
The Treasury is on course to undershoot its borrowing projections for the full
year 2009/10 although the figures will still show the dire state of the
public finances as the election approaches, economists have predicted.
Categories: General
EU prepares rescue package for Greece
A multi-billion Euro rescue package for Greece is set be put to eurozone
finance ministers as early as Monday, with Germany and France the main cash
backers.
Categories: General
The Economic Week Ahead
Categories: General
Swift US financial overhaul is ‘unrealistic’
Republicans have warned Chris Dodd, the Democratic chairman of the Senate banking committee, that his aim to get a financial regulation bill to the Senate floor by the end of the month is unrealistic
Categories: General
Lehman file rocks Wall Street
The fallout from the report into the collapse of Lehman Brothers shook Wall Street and London as US officials grilled banks about off balance-sheet trades and questions were raised over the City’s role in the company’s attempts to cover up its problems
Categories: General
BA cabin crew reveal strike dates
British Airways faces its first strike in more than a decade after representatives of its 12,000 cabin crew announced a series of walkouts later this month
Categories: General
BAE loses to US in £1bn UK army ‘Scout’ race
The British army’s next generation of “Scout” armoured vehicles is expected to be built by General Dynamics of the US in a contract worth more than £1bn
Categories: General
Solid economic data give positive backdrop
Global Markets Overview: Record rise in eurozone industrial production help global stocks build on Wall Street’s overnight advance, but gains tempered by uncertainty
Categories: General
Eurozone works on rescue plan for Greece
Members of the eurozone are working on the details of a possible bail-out for Greece ahead of a meeting in Brussels on Monday, although obstacles to a final agreement have yet to be overcome, according to officials
Categories: General
Tensions escalate over China’s currency
China and the US traded barbs over the economy and human rights, raising the temperature ahead of a possible showdown over currency policy next month
Categories: General
The Bottom Line: Britain still great for business
Political strategy needed to show that Britain is still great for business, says Richard Thomas
"Out of one side of his mouth, Gordon Brown is saying he will make Britain an attractive place to invest, but out of the other he is clobbering higher earners with 50%, which sends out the opposite message.