economy

Chicago's Lollapalooza expects to draw large crowds again

The annual Lollapalooza held in Chicago's Grant Park is one of the most anticipated music festivals in the country.

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No major investments for India's manufacturing sector: survey

The India Manufacturing Barometer survey revealed that manufacturing companies will be holding off on new investments this year.

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Spanish unemployment rate declines after two year upsurge

Spanish unemployment rate drops 0.9% for second quarter and signals beginning of recession recovery.

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US Crude oil futures slip, the first in five weeks

US crude oil futures suffered its first loss in five weeks as concerns about the slowing Chinese economy continue to haunt the industry.

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Economists see China easing monetary policies

China may ease up on its monetary policies soon, says watchers.

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Royal baby's arrival to boost US$360 million on British economy

Prince William and Duchess Kate's first baby boy was born today at 4:24pm local time in the private wing of London's St. Mary's Hospital.

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Japan's prime minister vows to revive economy

In a statement said by Prime Minister Shinzo Abe, he vowed to bring back Japan's economic status.

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Israel's central bank buys US$35 million

The currency of Israel depreciated by almost US$0.6 last week.

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Israel's newspaper warns of "economic tsunami"

Despite an Israeli minister's denial of an economic boycott, an Israeli newspaper said that "an economic tsunami" is heading to the country.

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China to boost technology, energy-saving in reform drive

China planned to promote technology and boost the progress in energy-saving industries to unleash the economy's potential.

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Biden appeals for US-China trust

US Vice President Biden calls for trust between US and China while pushing for Chinese economic reforms.

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Brazil's New Middle Class Teed Off

Brazilian are hitting the streets to show dissatisfaction

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Shares around the world rise as yen falls

Global shares gained after the metal industry and the yen weakened.

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Asian factory blues remain, exports plunge

Asian factories were knocked again and the halt in growth is expected to last for nine months.

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Nishimura: Japan needs a growth strategy

Senior vice minister Nishimura said that Japan needs a plan to boost growth.

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