Tags: Economy

UAE SMEs to continue hiring pattern for the next six months

In a survey conducted over UAE small and medium enterprises, over 80% would hire more employees in the next six months.


Too big to fail is not a reason anymore

Banking regulators now are empowered to confiscate and break up a financial institution if bankruptcy would only hurt the economy.

Shadow banking precursor to another 'Lehman Weekend'

The 'Lehman Weekend' was the height of the financial crisis five years ago and may be repeated if 'shadow banking' would be allowed to continue without regulatory action.

Obama remembers Lehman Bros collapse and the gains of the US since then

In the fifth year after the so-called 'Great Recession', Obama highlights the gains made by the US economy as a better capitalized and better regulated economy.


Latest News

The state government of Hong Kong said that the second quarter jobless rate falls within expected estimates.
The Singapore government disclosed plans of improving social programs to alleviate economic strains.
The Bank of Japan (BOJ) would most likely hold on to its present monetary policy as the Japanese economy shows signs of improvement, sources told Reuters.
China's top decision-making body said that it will work to ensure the growth of its economy. The Politburo, China's top decision-making body, declared that it will ensure the growth of its economy.
The annual Lollapalooza held in Chicago's Grant Park is one of the most anticipated music festivals in the country.
The India Manufacturing Barometer survey revealed that manufacturing companies will be holding off on new investments this year.
Spanish unemployment rate drops 0.9% for second quarter and signals beginning of recession recovery.
US crude oil futures suffered its first loss in five weeks as concerns about the slowing Chinese economy continue to haunt the industry.
China may ease up on its monetary policies soon, says watchers. The eyes of economists keen on Asian markets are now focusing intently on what China is going to do next after the government earlier announced fiscal stimulus measures to fire up its weakened 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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