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Economy

S Arabia, S Korea sign MOU on nuclear power

Mar 04 2015 19:05

Saudi Arabia and South Korea have signed a memorandum of understanding (MOU) to co-operate on the development of nuclear energy, Saudi state news agency SPA says.

Economy

UK sells Eurostar stake for £757bn

Mar 04 2015 16:30

The UK government has agreed to sell its 40% stake in the Eurostar International rail operator for £757m to UK and Canadian-based buyers.

Economy

UK living standards back to pre-crisis level

Mar 04 2015 11:00

British living standards are back to pre-financial crisis levels but are still slightly below their peak before the country's last national election in May 2010.

Economy

Chinese students learn wine trade in Bordeaux

Mar 04 2015 10:30

A young crop of Chinese students are flocking to France's largest wine-growing area, to train for careers in the wine trade, a burgeoning industry in China.

Economy

European bank to begin investing in Greece

Mar 04 2015 10:00

Greece is set to receive its first investments from the European Bank for Reconstruction and Development.

Economy

India surprises with early post-budget rate cut

Mar 04 2015 09:30

India's central bank has lowered its policy repo rate by 25 basis points, its second inter-meeting cut this year on the back of easing inflation.

Economy

New Yorkers spend nearly 60% of income on rent

Mar 04 2015 08:55

Rent will gobble up nearly 60% of New Yorkers' income in 2015 with the median cost of an apartment to rise to $2 700 a month, according to a real-estate website.

Economy

Germans working most hours since 1992

Mar 03 2015 18:39

German workers last year clocked up the most hours at work since 1992, according to a report by the German Institute for Research into the Labour Market and Careers.

Economy

Fuel shortages hit Nigeria

Mar 03 2015 18:06

Nigeria's main cities are facing acute gasoline shortages as importers feel the pinch of a plummeting currency, tighter credit lines and unpaid government subsidies.

Economy

Swiss signs tax info sharing deal with Australia

Mar 03 2015 16:30

Switzerland has signed a deal with Australia to exchange tax information, the first such agreement under an international framework to swap tax information.

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Economy

Singapore is world's most expensive city

Mar 03 2015 16:00

Singapore has been named the world's most expensive city for the second year running, a survey by the Economist Intelligence Unit shows.

Economy

China fails to audit $637.42bn of overseas SEOs

Mar 03 2015 15:30

Chinese government does not audit assets of state owned firms hold overseas, highlighting difficulties it faces when expanding its anti-corruption drive to SOEs.

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