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Oil hits fresh 13-month low after IEA slashes demand forecast

Last Updated: Wednesday, August 13, 2014, 09:38

US benchmark West Texas Intermediate for September fell 19 cents to $97.18 in mid-morning Asian trade.

IEA lowers outlook for oil demand on unsteady global growth

Last Updated: Tuesday, August 12, 2014, 15:41

Some of these conflict factors, which could be expected to raise tension and prices on the oil market, might even work in the opposite direction, the agency said.

Indian economy sees growth momentum, says OECD

Last Updated: Monday, August 11, 2014, 20:33

India's economic growth is gaining momentum, Paris-based think tank OECD said today amid the new government initiating various measures to bolster the economy.

Black money: OECD unveils automatic info exchange framework

Last Updated: Monday, July 21, 2014, 18:27

In a major development in the fight against black money, multilateral grouping OECD Monday unveiled a 'single global standard' for automatic exchange of financial account information by various countries including India and Switzerland.

Japan`s child poverty hits record high

Last Updated: Friday, July 18, 2014, 10:58

Japan`s child poverty rate has hit a record high, according to a government survey, prompting criticism that Tokyo wasn`t doing enough to fix the problem.

Top economies contract in first quarter of 2014: OECD

Last Updated: Thursday, July 03, 2014, 17:33

The Organisation for Economic Cooperation and Development had recorded growth of 0.5 percent in the previous quarter.

Oil holds above $114 on Iraq conflict

Last Updated: Wednesday, June 25, 2014, 10:42

Brent crude inched lower on Wednesday, but held close to a nine-month high above $114 a barrel as Sunni insurgents battled government forces for control of Iraq`s biggest refinery.

Japan to unveil fresh revival plans: Reports

Last Updated: Tuesday, June 24, 2014, 12:52

Japanese Prime Minister Shinzo Abe is Tuesday expected to unveil a fresh round of reforms to boost a nascent growth recovery, reports said, his second attempt at launching the "third arrow" of his economic action plan.

Unemployment of OECD `lost` generation edges down

Last Updated: Wednesday, June 11, 2014, 20:04

Eurozone unemployment is still far higher than the average rate across advanced countries, the OECD said on Wednesday just as Britain reported another fall.

Unemployment of OECD `lost` generation edges down

Last Updated: Wednesday, June 11, 2014, 19:21

Eurozone unemployment is still far higher than the average rate across advanced countries, the OECD said today just as Britain reported another fall.

India poised to return to high growth path: OECD

Last Updated: Tuesday, June 10, 2014, 19:40

India has grown below 5 percent in each of the two previous financial years mainly because of the global slowdown.

OECD sees momentum easing in developing states, India stable

Last Updated: Tuesday, June 10, 2014, 16:52

Growth momentum is weakening in major developing economies with the exception of India while the economic outlook is stable for most developed countries, the OECD said on Tuesday.