UNITED STATES

IBTimes Logo

Asia stocks up on US jobs, Aussie hits 1-year high

Shares in Asia rose on Monday after U.S. data showed a slowdown in layoffs, while Chinese shares extended gains on hopes that Beijing will pull out more policy tools as needed to support its volatile stock market.

WTO raps European export aid for Airbus: sources

IBTimes Logo
The WTO has found that loans from European governments to Airbus were not only unfair subsidies but in some cases violated a tougher ban on export aid, according to sources familiar with a report that also rejected some U.S. complaints.
IBTimes Logo

China stocks rise, gold holds near $1,000

Chinese shares rose on Monday to extend gains on hopes that Beijing will continue to use policy to support asset prices, while gold prices dipped but kept within striking distance of $1,000 after U.S. unemployment rose to a 26-year high.
More news
IBTimes Logo

Daily Commentary - 07/09/2009

The AUD/USD roared higher on Friday night to break above the psychological 85 cent level for the first time since September last year. The rally came on the back of increasing risk appetite following a better than expected U.S non-farm payroll number, a clear sign of continued improvement in the jobs market stateside.
IBTimes Logo

Karzai inches toward Afghan poll win

Afghan President Hamid Karzai inched closer to a first-round victory as more results came in from an election last month marred by accusations of fraud.
IBTimes Logo

G20 pledges to reform IMF and WB

G20 finance leaders on Saturday pledged to implement reforms to global financial institutions such as World Bank and International Monetary Fund (IMF) the World Bank.
IBTimes Logo

Michael Franti finds

Several weeks ago, as Michael Franti was notching his first Billboard Hot 100 single in a two-decade-plus career, he found himself in surgery with a ruptured appendix.
IBTimes Logo

AIG to sell asset mgmt unit for $500 mln

American International Group Inc agreed on Saturday to sell a part of its asset management business to Hong Kong tycoon Richard Li's Pacific Century Group for about $500 million, after an auction process that dragged on for months.
IBTimes Logo

WTO says Airbus loans illegal - U.S. politicians

The World Trade Organisation ruled on Friday that European loans for Airbus were illegal subsidies under world trade rules, U.S. lawmakers said, but European sources said Washington did not win a sweeping victory.
IBTimes Logo

G20 tackles bank pay, lending rules

G20 finance leaders struggled on Saturday to pin down specific measures to tighten bank pay and lending rules to prevent a repeat of the financial chaos that triggered the worst global recession in decades.
IBTimes Logo

NATO seeks to calm Afghans after deadly air strike

NATO officers met air strike victims and their families in Afghanistan on Saturday and their commander took to the TV airwaves in a bid to cool anger over an incident that undermines efforts to win hearts and minds.
IBTimes Logo

Obama unveils measures to spur retirement saving

U.S. President Barack Obama announced new measures on Saturday to encourage Americans to save more money for retirement, a move the White House said would put the economy on a stronger footing in the future.
IBTimes Logo

G20 warms to tough U.S. bank plan

G20 finance leaders sketched out plans on Saturday that would force conservative rules on banks to curb risky lending blamed for triggering the financial crisis.
IBTimes Logo

G20 united on stimulus, divided on bank reform

The world cannot be complacent about economic recovery and will need to keep emergency stimulus packages in place well into next year, British Prime Minister Gordon Brown said on Saturday.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.