(6 Feb 2007) IG Metall, Germany’s powerful engineering trade union, on Tuesday pressed ahead with an inflation-beating 6.5 per cent wage demand even as signs emerged that the country’s industrial upswing might have stuttered late last year. Jürgen... more >

(18 Aug 2006) China has raised interest rates for the second time in less than five months in the latest measure taken by the central government to quell rapid credit growth and over-investment in key industrial sectors. The People’s Bank of China, the... more >

(18 Aug 2006) Malaysia on Friday set an ambitious annual economic growth target of 6.3 per cent over the next 15 years to achieve its goal of developed-country status by 2020. Malaysia, the third richest south-east Asian nation on a per capita basis after Singapore... more >

(18 Aug 2006) The government has registered the biggest budget surplus yet for a July, according to official data released on Friday, a welcome relief for Gordon Brown since the fiscal year had got off to a poor start. However, the jump in receipts flowing... more >

(17 Aug 2006) The taxable profits of corporate America will fall 8 per cent next year and remain on a downward trajectory until 2010, a new study by the Congressional Budget Office predicts. The CBO estimates that total taxable profits will inch up in 2008... more >

(25 May 2006) Enron announced earlier this month that it has reached an agreement with Credit Suisse Securities (USA) LLC, formerly known as Credit Suisse First Boston LLC, to settle ’MegaClaims’ litigation in the Enron bankruptcy case. Under the... more >

(24 May 2006) A performance league table compiled by EDHEC, a leading European business school, and EuroPerformance, a European fund rating agency, has shown that there is little to choose between the performance of Switzerland’s top asset managers. The... more >

(22 May 2006) The US Securities and Exchange Commission last Wednesday announced a series of actions that it intends to take to improve the implementation of the Section 404 internal control requirements of the Sarbanes-Oxley Act of 2002. The actions the Commission... more >

(19 May 2006) Beijing will resist pressure for the removal of tax on interest income because the government believes that the levy plays a key role in helping it to redistribute income from the wealthy to low income groups. Liu Shangxi, deputy director-general... more >

(12 Apr 2006) European equities were weaker on Tuesday as oil prices and industrial metals hit record highs adding fuel to inflationary fires that have been burning since Friday’s strong US payrolls numbers. By mid morning, the FTSE Eurofirst 300 was... more >