Result Page 28 for Latest Economy News & Archive

Climate Change: Australia’s Boom in Energy Exports Bring World’s Doom

The World Energy Outlook of 2013 report from International Energy Agency

Philippines Expects Economic Growth Curbed by Typhoon Haiyan/Yolanda

Aside from the loss of lives and damages to infrastructure and livestock, the Philippines is expecting Typhoon Haiyan (Yolanda) will make an impact on its economic growth.

Typhoon Haiyan (Yolanda) Update: Residents Are Now Looting Beer from Tacloban Warehouses; Bloomberg Estimates Economic Impact of Megatyphoon at $14B (VIDEOS)

The behaviour of some Tacloban residents continue to puzzle observers after reports surfaced of rampant looting in the city ravaged by Super Typhoon Haiyan (Yolanda). First, the emptied the Gaisano Mall, taking even appliances, electronic goods and branded clothes, putting in question their motives - is it for survival or simply for personal gain. Then they also looted gasoline. On Tuesday, GMA News reported that warehouses in the city were also being robbed of cases of beer!

Google Helpouts Officially Launched: Live Chat via Video with Experts Feat. Sephora Makeup Tricks [VIDEO]

Google has officially launched Helpouts on Nov. 5, 2013. It offers netizens help from experts via live chat over video. It includes tips in Art and Music, Computers and Electronics, Home and Garden, Education and Careers, Fashion and Beauty, Fitness and Nutrition, Health and Cooking. One of the first live video chats to be launched was Helpouts by Sephora featuring several makeup tips and tricks from the French brand and chain of cosmetics stores that can be found all over the world and on the I...

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China Lifts Air Fare Controls, Allows Players to Sell Cheap Tickets

China has lifted its regulations concerning air fare pricing, effectively allowing its airline players to sell cheap tickets to passengers.

Canada’s Avalon Rare Metals Receives Federal Approval to Push Elements Project

Avalon Rare Metals has been granted by the Canadian federal government the green light to push through with its Nechalacho rare earth elements project.

Repeat After Me: Economics Is NOT a Science

On Monday and Tuesday, we visited our youngest son, Edward, a sophomore at the University of Vermont. His roommate joined us for dinner.

Why Central Banks Are Not Printing Money

It really pays to set up shop in close proximity to a central bank. Australian banks, who have surrounded the Reserve Bank of Australia (the bank in the centre), are raking it in. Yesterday the Commonwealth Bank announced a first quarter profit of $2.1 billion, up 14% on the same quarter last year.

2013 World’s Most Polluted Places Put 200M Lives At Risk - Survey

Based on a new survey citing the world's most polluted places, the lives of at least 200 million people are at risk. These areas are believed severely hazardous to man's health spanning Africa, Asia, Eastern Europe and Latin America.

13M Filipinos to be Affected by Category 5 Typhoon Haiyan, World’s Strongest in 2013

About 13 million Filipinos stand to get affected by the possible ill effects of Typhoon Haiyan (local name Yolanda), which has morphed into a Category 5 super typhoon, the world's strongest so far in 2013.

EU Misspent Nearly $9 Billion Of Budget In 2012: Auditors

Approximately 6.6 billion euros ($8.9 billion) in European Union funds were misallocated or lost to inefficient expenditure schemes last year, according to the bloc's official auditors on Tuesday, marking a 0.9 percentage point rise from the previous year and the third year in a row that inefficient spending have rose.

China Needs 7.2 Percent GDP Growth To Sustain Job Market: Premier

China's economy must continue growing by at least 7.2 percent per year in order to sustain the unemployment rate from rising, said Premier Li Keqiang in remarks published on Monday.

US Consumer Watchdog Seek To Crack Down On Aggressive Debt Collectors

China Smog Pollution: Sickens 8-year-old, Develops Lung Cancer; Environmental Hazard Becomes Threat to National Security

An 8-year-old girl from China's Jiangsu Province has developed lung cancer, a fine testament to the seriousness of the country's smog pollution problem. The alarming PM2.5 and smog have been blamed as the underlying causes of her condition. Apart from the growing health hazard, the smog has likewise been identified as a threat to national security.

Philippines Braces for Typhoon Haiyan, Places 9 Regions Under Blue Alert, Likely to Develop into Category 4 Hurricane, Bohol Under Red Alert

The Philippines has placed nine regions, including recently quake-devastated Bohol province, under blue alert as it braces for the wrath of Typhoon Haiyan, which is expected to develop into a Category 4 hurricane even before it makes landfall on the country on Friday morning.

China Gold: Consumption to Hit Above 1,000 Tonnes in 2013, Output to Reach 430 Tonnes

Consumption of the precious safe haven yellow metal gold in the world's second-largest economy has been forecast to hit above 1,000 tonnes in 2013. However, the same could not be said for the year 2014.

Britons Eating Cheaper, But More Unhealthy Food After Financial Crisis: Study

Despite a sharp rise in food inflation, U.K. families are spending 8.5 percent less on food today than what they did before the financial crisis; but the savings had been mostly due to a switch in consumption to cheaper, less healthy choices, according to the Institute for Fiscal Studies (IFS) on Monday.

Swiss Banks May Face Higher Leverage Ratio Requirements

Swiss banks could be forced to raise their minimum leverage ratios to as much as 10 percent, reported the Wall Street Journal on Sunday, in a move aimed at improving industry stability - yet could see banks have to cut down on their service offerings.

Scientists Working on New Technology to Recycle Rare Earths from Wastewater

With some of the most useful rare earths feared to be depleted within the next 50 years, scientists are racing against time to develop technologies to maximise their full potential as well as what could remain of them. Scientists are now specifically trying to establish a method to recycle rare earths from wastewater.

Japan To Investigate Nation's Largest Banks For Yakuza Links

Japan's financial regulator, the Financial Services Agency (FSA), is set to investigate the nation's three largest banks for transactions with the Yakuza, according to Reuters on Tuesday.

US Treasury Says Germany Is Hurting World Economy

Germany's persistently high trade surplus and export-led growth model is preventing the eurozone from recovering quickly, harming the wider global economy in the process, said a U.S. Treasury report on Wednesday.

Beijing’s Divorce Rate Soar By 41% As Couples Exploit Tax Loophole

Nearly 40,000 Chinese couples living in Bejing have filed for during the first nine months of this year, according to the China Daily on Tuesday, a year-on-year increase of close to 41 percent - with experts speculating that couples had been deliberately avoiding a property tax imposed earlier this year.

US Budget Deficit Drops By 37 Percent, Lowest In Five Years

The U.S. government saw a budget deficit of $680.3 billion for fiscal year 2013, showed Treasury Department data on Wednesday, a 37 percent drop from the fiscal 2012 deficit and marking the first time in five years that the figure has been below $1 trillion.

$50M Jackpot Winning Ticket Sold in Western Canada

The fifty million dollar jackpot was won by a couple of players from Western Canada in the massive draw on Friday, according to Loto-Quebec.

Citi Forecasts Australian Economy to Start Growth by Mid-2014, GDP to Grow 3.2% by 2017

Citi analysts are optimistic of better times ahead for Australia and forecast the country would begin to register economic expansion by the middle of 2014.

Australia’s Qantas Airlines, Japan Airlines Ups Stake in Jetstar Japan

Qantas Airlines of Australia and Japan Airlines on Thursday announced they will be increasing their stake ownership in low-cost subsidiary, Jetstar Japan.

Apple (AAPL) iPhone Almost at Arms’ Reach in China? China Mobile Announces Launch of 4G Services in November

Is Apple's (AAPL) iPhone finally penetrating through in China in November 2013? Speculators are getting anxious over the idea based from the latest advert that China Mobile, the world's largest mobile carrier, placed on its Web site.

New Zealand in 5th Place in 2013 Legatum Prosperity Index

New Zealand ranks fifth in world’s most prosperous nation to live in, based on the 2013 Legatum Prosperity Index. The international report contains the rankings of 142 nations in terms of wealth and well-being.

New Airbus of China Southern Airlines to Sydney Launched

Frequent fliers of China Southern Airlines to Sydney now has another reason to commute via the Chinese airliner with the launch of its Airbus A380.

WHO Confirms Polio Outbreak in Syria, Warns of Potential Spread Across Entire Middle East Region

Northeast Syria is now under threat of a polio outbreak. The UN's health agency World Health Organisation on Tuesday said there are now at least 10 confirmed cases in the country, which has a very big potential to spread and encapsulate the entire Middle East region.

Tribal Leaders Gave Us Permission to Wakeskate Banaue Rice Terraces – Grubb

The gods are angry. In this case, it is the Filipino conservationists versus professional wakeskater Brian Grubb who claimed he was able to conquer the Banaue Rice Terraces because he had been given permission no less than by the tribal leaders guarding it.

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