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G20 vows to boost global GDP by $2 trillion in next 5 years

Last Updated: Saturday, April 12, 2014, 22:25

G-20 members said they would ensure that their comprehensive growth strategies to be presented at the Brisbane Summit outline ambitious, realistic and concrete measures to achieve strong, sustainable and balanced growth.

Gold price down on low investor interest, signs of economic growth

Last Updated: Thursday, January 16, 2014, 20:10

Gold last traded down 0.2 percent at USD 1,238.50 an ounce Thursday. It touched a one-month peak of USD 1,255.00 on Tuesday.

Global economic growth hits 32-month high in October: PMIs

Last Updated: Wednesday, November 06, 2013, 23:52

Global economic growth accelerated in October to a 32-month high, bolstered by a solid improvement in new business, a survey showed on Wednesday.

IMF cuts global economic growth rate for third time in year

Last Updated: Wednesday, July 10, 2013, 23:48

According to CNN, in an update to its World Economic Outlook, the IMF said it now expects world output to expand by just 3.1 percent in 2013, down from 3.3 percent in April.

'Asian travellers may make 1/3rd of travel spend by 2020'

Last Updated: Tuesday, March 12, 2013, 15:16

Asian travellers are likely to account for one third of the world's travel spend by 2020 as mid-size cities in emerging markets -- mainly in India and China -- will account for 40 percent of global economic growth, according to a report.

India, China to lead global economy in 2013: Report

Last Updated: Thursday, January 24, 2013, 09:24

With the global economy and the outlook reeling under the eurozone debt crisis and the high unemployment in the United State, emerging economies such as India and China will lead the growth in 2013, says a report.

Global FDI rises 16% in 2011; this year may see a slower increase : Report

Last Updated: Friday, July 06, 2012, 12:45

Despite the ongoing eurozone crisis, global foreign direct investment (FDI) increased by 16 percent to USD 1.536 trillion in 2011, a UN report sai

European banking crisis could choke global eco growth: Krishna

Last Updated: Friday, June 22, 2012, 21:04

Euro-zone woes dominated talks between External Affairs Minister S M Krishna and his German counterpart Guido Westerwelle here Friday as New Delhi expressed apprehension that an emerging banking crisis in the region could choke global economic growth.

No recovery in sight for global labour market: UN

Last Updated: Tuesday, May 01, 2012, 14:11

A new UN report Monday warned that despite signs that economic growth has resumed in some regions, the global employment situation is alarming and shows no signs of recovery in the near future.

Oil lower in Asia on economic growth fears

Last Updated: Tuesday, February 28, 2012, 09:46

Oil was lower in Asian trade, Tuesday on profit-taking amid concerns that rising prices could hamper global economic growth, analysts said.

2012 may see 2nd slowest year of global economic growth in a decade

Last Updated: Monday, February 13, 2012, 20:42

If the World Bank is correct, 2012 will see the second slowest year of global economic growth in a decade, at a level consistent with a world recession that, like the 2008/2009 financial crisis, would not spare Asia.

US economy to show stamina as global growth slows

Last Updated: Friday, December 23, 2011, 17:20

The US economy is gaining momentum and should push through next year with only a few bruises despite an almost certain European recession and slower global growth.