Shankar besta

China's manufacturing activity expanded in November, pointing to more inflationary pressure in the near term.

China has said it will revise penalties on price manipulations, stepping up its measures to tackle inflation.

Eurozone annual inflation rate remained unchanged in November after inching closer to the European Central Bank's (ECB) target of 2 percent in October.

Ecuador on Monday offered residence to WikiLeaks founder Julian Assange ‘with no problems and no conditions’.

The eurozone’s economic sentiment rose to three-year high in November, despite concerns over the sovereign debt crisis in some countries in the region.

The Pentagon on Sunday condemned the latest publication of hundreds of thousands of sensitive classified documents by WikiLeaks and unveiled various measures to stop future disclosures of secret files.

Excessive intake of alcohol takes toll on the health of New Yorkers, besides causing death of 1,500 adults annually.

The European Commission announced plans on Thursday to ban trading credits related to certain industrial gases from its Emissions Trading System (ETS) starting from 2013.

Bad debt related to credit cards in China rose in the third quarter, as the amount of money 180 days past the due date increased sharply.

People collecting benefits from the Supplemental Nutrition Assistance (SNAP) program in the US rose by 15 million since the start of the recession in December 2007.

As a new crop of freshmen legislators in the US Congress brace for spending cuts, a reduction in federal funding will significantly impact the services in the City of Philadelphia, says a report.

US core durable goods demand fell unexpectedly in October, recording the largest decline since March 2009.

U.S. home loan demand rose sharply in the week ended Nov. 19, reaching a two-year high, the Mortgage Bankers Association (MBA) said on Wednesday.

UK economy grew in the third quarter, boosted mainly by a strong increase in exports of goods and services.

China and Russia announced on Tuesday to renounce US dollar and use their domestic currencies in bilateral trade.

China reiterated its stance on climate change ahead of UN climate summit in Cancun next week, promising effective measures to reduce greenhouse gas emissions over the next five years.

Monthly job additions in New York State rose sharply in October, hitting a five-year high.

Property prices in China are expected to decrease by about 20 percent in 2011 and the market is likely to readjust in March or April next year, says a report.

Growth of the U.S economy is expected to remain sluggish next year as the nation suffers from high employment, high public debt, and rising commodity prices, says a report.

Thailand’s economy fell into recession following a contraction in the past two consecutive quarters, as strong baht and a weak global demand hit the country’s exports.

The US guest workers programs design needs an immediate and substantial in the wake of high unemployment in the nation.

The Dutch government said on Thursday it will cut 10,000 defence ministry jobs as part of austerity measures to reduce the budget deficit.

A surge in food prices propelled Chinese consumer prices to a 25-month high in October, despite the government's efforts to control inflation. Food prices in the world’s second largest economy went up by 10.1 percent in October year-on-year.

U.S. initial jobless claims rose less-than-expected for the week ended Nov. 13, after falling sharply to a four month low in the previous week.

UK factory orders rose more than expected in November, but the manufacturers expect the output growth to slow in the next three months.

UK public sector borrowing rose more than expected in October, raising doubts over the coalition government's ability to meet its spending cut estimates.

Chinese Premier Wen Jiabao said on Wednesday that the State Council, China’s cabinet, is drafting measures to contain rising commodity prices.

U.S. consumer prices rose lower than expected in October mainly driven by a rise in gasoline prices.

U.S. home loan demand fell sharply in the last week, as fixed mortgage rates rose from near all-time lows.