|
|
XINHUANEWSBusinessIMF approves 2.2-bln-euro rescue fund for GreeceThe IMF on Monday approved the release of a long-delayed tranche of rescue fund for Greece under the joint IMF-EU bailout program following headway made in Greek fiscal reforms.France, Germany take notes to S&P's perspective reviewFrance and Germany has taken note of the perspective of a review by Standard and Poor's Ratings Services of the credit rating of several euro area member states, according to a brief statement Monday.U.S. stocks end higher on European optimismU.S. stocks extended gains on Monday as investors cheered the Franco-German plan to rewrite the EU constitution for more central control of euro zone budgets. The Dow Jones industrial average surged as much as 167 points.OECD report shows members facing greater inequality challengesA report released on Monday by the Organization for Economic Co-operation and Development showed that its member countries are facing greater inequality risks.S Korea's economic growth revised up to 0.8% in Q3South Korea's economic growth was revised up to 0.8% in Q3 due to brisk exports and rising government expenditures, the central bank said Tuesday.S&P puts 15 euro zone nations on negative watch Standard and Poor's put 15 eurozone nations on "CreditWatch negative" on Monday due to deepening economic and political turmoil in the region.New Zealand Treasury cuts growth forecast for next fiscal yearThe outlook had weakened to the extent that the Treasury now expected New Zealand's economic growth in the year ending March 2013 to be closer to 3 percent than the 3.4 percent forecast in the PREFU.Italian cabinet approves emergency reform plan Italian government on Sunday passed emergency reform measures for boosting economic growth and saving the eurozone from split.Dagong maintains China's sovereign credit ratingDagong Global Credit Rating Co., Ltd., China's domestic rating agency, decided on Monday to maintain the local and foreign currency sovereign credit rating of China at AA+ and AAA with a stable outlook.Slow motion becomes the fashion as China aims to gear down from fast trackAfter thirty years of breathtaking, non-stop fast track development that has catapulted China to number two in the world's economic league table, it is now some drowsy hamlets, once obscured by the aura of record-breaking development tales, that are being hailed as tranquil sanctuaries for people seeking a less frenetic existence.Chinese company wins energy awardChinese company Suntech won a Gigaton Award on Sunday for outstanding business leadership in carbon emissions reduction.RRR cut: China's monetary fine tuningAnalysts said the move, implying a fine tuning of macro policy, will contribute to keeping the stable and relatively fast economic growth in the current complex situation, however it does not mean the change will bring about a full-on move toward a looser monetary policy.Failing EU summit to exacerbate debt crisis: RehnEuropean Union (EU) Commissioner for Economic and Financial Affairs Olli Rehn said here on Sunday that failure to reach decisions at the bloc's upcoming summit aimed at securing euro's stability would lead to a possible break-up of the common currency in its present form.China's paper sector eyes 18% reduction in energy use by 2015China's major paper producers aim to lower the energy and resources consumed to turn out a tonne of paper by 18 percent at the end of 2015 from the level in 2010."Time to step on the gas" to bolster U.S. economy: Obama The U.S. should step up efforts to revive its economy even after the private sector has been creating jobs over the past 21 months in a row, Obama said Saturday.U.S. unemployment rate drops, but job market still tough The widely watched U.S. labor market got good news Friday as unemployment rate improved significantly in November, but the challenge for sustainable job growth remains.China-U.S. trade up 17% in first ten months: commerce ministerCommerce Minister Chen Deming said Friday that China-U.S. trade rose 17 percent year-on-year to reach 363 billion U.S. dollars in the first ten months of the year.China cannot rescue Europe with foreign reservesChina cannot use its 3.2 trillion U.S. dollars in foreign exchange reserves to rescue other countries, a senior diplomat said on Friday.U.S. stocks post best weekly gains in over 2 yearsU.S. stocks finished Friday barely changed even as monthly jobs data came in stronger than expected, but major indexes still achieved their best week in more than two years.Oil slips on lingering European woes, eased Iran concernsCrude prices Thursday retreated from the high boosted by joint intervention of six major western central banks, as European woes lingered and concerns over Iran nuclear program eased.
|
|
|
|
Portal Front Page
news
novosti
xinwen
text
