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Greece sticks to bailout targets in draft budget

Oct 06 2015 16:30

Greece has stuck strictly to the targets enshrined in its international bailout programme in unveiling a draft budget which sees the economy shrinking in 2016.


OPEC chief sees oil market improving

Oct 06 2015 16:00

The Organisation of the Petroleum Exporting Countries sees the oil market improving because of higher demand for crude and a drop in supply growth from non-members.


US trade deficit widens by most in five months

Oct 06 2015 15:30

The US trade deficit has widened in August by the most in five months as imports picked up and weaker overseas growth limited sales to customers abroad.


Why I decided to buy into China and India

Oct 06 2015 07:23

The problem the world faces is the use of interest rates as a policy instrument, says Edward Ingram.


Pacific trade negotiators reach landmark deal

Oct 05 2015 17:22

The United States and 11 other Pacific Rim countries have reached a deal on the most sweeping trade liberalisation pact in a generation.


China can manage slowdown - IMF

Oct 05 2015 16:30

China has the capacity to manage its economic slowdown, but needs to communicate policy more effectively and guard against potential spillovers, says the IMF.


Greece to unveil painful 2016 draft budget

Oct 05 2015 12:03

Greece will unveil a painful draft budget meant to satisfy international creditors, projecting the economy will stay in recession before returning to growth.


UK services expand at slowest pace in two years

Oct 05 2015 11:15

UK services growth has faltered in September, highlighting the breadth of the fallout from weakness in the global economy.


Britain warns it needs robust reforms to stay in EU

Oct 04 2015 17:45

Britain will vote to leave the European Union in a planned referendum if it does not secure "robust, substantial and irreversible" reforms, warns the foreign secretary.


New Zeeland warns of fallout if Pacific trade talks fail

Oct 04 2015 15:15

A Pacific free trade deal is within reach and New Zeeland warns that failing to finalise the pact would have worrisome long-term strategic implications.



China eyes oil shake-up with new crude futures

Oct 04 2015 14:30

China is seeking to assert its growing influence on global oil markets with a yuan-denominated crude futures contract.


Merkel: VW scandal has not hurt German reputation

Oct 04 2015 10:08

The emissions scandal around German car maker Volkswagen has not been so great that Germany is no longer deemed a good place to do business, says Angela Merkel.

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With infrastructure spending having been identified as one of the key focus areas of the National Development Plan, tradesmen will continue to play a critical role in growing the South African economy through their skills..

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