The UK currently has a “AAA” rating and the move of the Moody’s by placing the country in the negative outlook suggest that Britain’s triple A is at greater risk and there is an increased chance of downgrade within the next one and a half years.
Nickel miner Western Areas reported on Tuesday a 64 per cent decline in its first half net profit due to lower prices of the commodity. From July to December 2011, the firm logged a $24.
Korea Gas Corp (KOGAS), South Korea's state-run gas company, announced on Monday it would be importing in 2012 a total of 36.46 million tonnes of liquefied natural gas (LNG), or 1.
Brisbane Lord Mayor Graham Quirk announced on Tuesday an ambitious 20-year plan that aims to double the city's economy to $217 billion by 2031.
While hundreds of jobs continue to be shed across Australia since the start of February as businesses complain of the strong currency and weak consumer confiden...
Sales at U.S. retailers probably climbed in January as Americans bought more new cars and shopp...
Confederation of British Industry predicts Britain will avoid recession and see growth in second half of 2012.
Business leaders defended on Wednesday the decision of Australian banks and other local companies to offshore jobs.
China betrayed signs of spluttering domestic demand on Friday as imports crumbling to their low...
On 11 February 2011, the West's "man in Cairo", Hosni Mubarak, was toppled from power, the result of continuing and increasingly violent anti-government demonstrations.
The State Bank of India (SBI), the country's biggest lender, reported an unexpected rise in bad loans for the third quarter, taking the shine off healthy growth in loan demand and interest income that helped it post a 15 percent rise in net profit.
Japan’s economy contracted more than economists forecast in the fourth quarter as exports slid on weakness in global demand and strength in the yen.
The President of Iran has made a startling announcement... one sure to set alarm bells ringing throughout the White House, the European Union (EU) and...
The rupee rose further in afternoon trading on Monday helped by robust dollar inflows and a bounce back in local shares after an improvement in risk a...
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