Sarkozy to discuss EU debt crisis with IMF’s Lagarde

golax news Published 10月 8, 2011 at 5:36 pm
Sarkozy to discuss EU debt crisis with IMF's Lagarde

French President Nicolas Sarkozy is meeting IMF chief Christine Lagarde shortly in Paris to discuss the eurozone debt crisis. read more…

Barroso says Europe will avoid return to recession

golax news Published 09月 5, 2011 at 4:36 pm
Barroso says Europe will avoid return to recession

Europe will not slide back into recession, and the euro remains “strong and resilient”, the president of the European Commission has said. read more…

US East Coast left counting cost after storm

golax news Published 08月 29, 2011 at 5:29 pm
US East Coast left counting cost after storm

The US East Coast has begun clearing up after the devastation of tropical storm Irene, which killed at least 21 people. read more…

Taiwan’s HTC sues Apple in patent infringement dispute

golax news Published 08月 17, 2011 at 10:08 am
Taiwan's HTC sues Apple in patent infringement dispute

The Taiwanese smartphone maker HTC has filed a lawsuit in the US against Apple, accusing its American rival of infringing its patents. read more…

European shares plunge as sell-off continues

golax news Published 08月 9, 2011 at 5:56 pm
European shares plunge as sell-off continues

London’s FTSE 100 index fell 4.1%, Germany’s Dax is down 5.7% and France’s Cac has dropped by 2.4%.

Traders remain on edge after a severe loss of confidence caused by a downgrading of US debt and further strife in the eurozone. read more…

US economy: GDP growth much weaker than thought

golax news Published 07月 30, 2011 at 11:10 am
US economy: GDP growth much weaker than thought

The economy grew at an annualised rate of 1.3% in the second quarter,

the Commerce Department said. Economists had forecast growth of 1.8%. read more…

China’s fiscal revenue up 31.2% in H1

golax news Published 07月 14, 2011 at 5:04 pm
China's fiscal revenue up 31.2% in H1

BEIJING – The Ministry of Finance said on Thursday that the country’s fiscal revenue rose 31.2 percent year-on-year to 5.69 trillion yuan ($875.5 billion) in the first half of this year. read more…

Interest rates raised again to curb inflation

golax news Published 07月 7, 2011 at 10:40 am
Interest rates raised again to curb inflation

BEIJING – The central bank announced on Wednesday that it will increase interest rates, for the third time this year, by 25 basis points. The new rates take effect on Thursday. read more…

China might cut luxury import taxes

golax news Published 06月 21, 2011 at 3:50 pm
China might cut luxury import taxes

The import tariffs on high-end goods might be reduced by 2 percent to 15 percent, and the decision “will be finalized soon,” the Guangzhou Daily reported Monday. read more…

IMF shortlists Christine Lagarde and Agustin Carstens

golax news Published 06月 16, 2011 at 3:50 pm
IMF shortlists Christine Lagarde and Agustin Carstens

The International Monetary Fund (IMF) has shortlisted two candidates to take over as its managing director. read more…

 

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