ASEAN Economies to Grow by up to 5.6 Pct
The ASEAN economy will grow by about 4.9 percent to 5.6 percent in 2010 with ASEAN economies recording moderate to strong growth.
East Asia's GDP Expected to Grow 8.7Pct in 2010: World Bank
The World Bank Wednesday upgraded its growth forecast for Developing East Asia this year to 8.7 percent
U.S. Geithner Makes an Unscheduled Visit to China
Political observers said as the approaching of a series of international conferences, China may feel much more pressure to reevaluate its currency.
China's Oil Giants Involved in Daimler Bribery Case
China Sinopec admitted that Daimler had offered bribes to a former employee while PetroChina said it was investigating this matter.
China's Exchange Rate Not Manipulated for Int'l Trade Benefits: FM Spokeswoman
China has ever manipulated the yuan exchange rate and it will continue with reform of its exchange rate regime.
Australia Raises Interest Rate by 0.25Pct
PBA hiked its rate by 0.25 percent, which was the fifth in seven months as the global economy is growing.
Moody's Downgrades Five Greek Banks
Moody's credit rating agency downgraded five Greek banks on Wednesday, saying their finances will suffer from the effects of the country's public debt crisis
French Economy Contracts 2.2% in 2009
The French GDP contracted by 2.2 percent in 2009, but showed signs of recovering in the last quarter of the year.
IMF: Europe must Act to Avoid Relegation in World Economic Powers
Europe is in danger of being relegated to the second division of world economic powers, according to IMF chief Dominique Strauss-Kahn.
The 12th International Energy Forum Kicks off in Mexico
Energy ministers gathered in Mexico to discuss oil and gas future in Mexico.
Euro Zone Countries Agree Aid Plan for Greece
A multi-billion-pound deal to rescue the crisis-hit Greek economy was finally agreed last night
Zhong Shan: Forcing Yuan Appreciation Would only Yield the Opposite Result
China Vice Commerce Minister Zhong Shan said the Chinese yuan exchange rate is not a "good recipe" for solving U.S.- China trade deficit.
Geithner Believes China will Let Its Currency Appreciated
U.S. Treasury Secretary Geithner said in an interview that China let Federal Reserve set yuan's path and China will allow its currency to appreciate.
Low-carbon Development May Create Millions of New Jobs
Creating markets for low-carbon technologies will in turn create new job opportunities
IDB Set to Increase Financing for Renewable Projects
IDB plans to provide as much as 80 percent of its loans to renewable energy projects in private sectors
Greek PM: Need Political Support, Not Bailout
Papandreou says Greece requires no bailout, just political support from Europe
IMF Lipsky Warns High Level of Public Debts
The IMF projects that gross general government debt in the G-7 advanced economies, except for Germany and Canada, will rise from an average of about 75 percent of GDP at the end of 2007 to more than 100 percent of GDP at the end of 2014.
EU Members Divided on Aid to Greece
European leaders expressed divergent opinions on aids to Greece recently
Obama Outlines Plan to Increase Employment
Obama outlined a plan to create jobs and help the nation's economy by reducing taxes on March 18
US, India Sign Agreement on Trade, Investment Rules
The United States and India signed an agreement to set rules for trade and investment on March 17.
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