South Korea’s central bank cuts 2013 growth outlook
bySeoul, April 11 (IANS) Bank of Korea (BOK), South Korea’s central bank, Thursday cut its 2013 growth outlook to 2.6 percent from an earlier…
World
China’s new loans rise
byBeijing, April 11 (IANS) China’s new yuan-denominated lending stood at 2.76 trillion yuan ($441 billion) in the first quarter, up 294.9 billion yuan year…
Colombia returns land to peasants plundered by militia
byMonteria (Colombia), April 11 (IANS/EFE) President Juan Manuel Santos travelled to the northern province of Cordoba Wednesday to preside over the restoration of lands…
Russian cyclist Kaykov caught doping
byMoscow, April 11 (IANS/RIA Novosti) The Russian cycling team RusVelo has torn up its contract with rider Valery Kaykov after the 2012 European silver…
South Korea freezes key rate
bySeoul, April 11 (IANS) South Korea’s central bank Thursday froze its benchmark interest rate at 2.75 percent, keeping its wait-and-see stance for six straight…
IMF chief warns over `three-speed’ world economic recovery
byWashington, April 11 (IANS) The world economy looks better than it did half a year ago, but uneven pace of growth among regions have…
33 infected with bird flu, says China
byBeijing, April 11 (IANS/EFE) The number of people infected with the new H7N9 strain of bird flu in China stands at 33 with the…
US federal deficit narrows
byWashington, April 11 (IANS) The US federal government registered a budget deficit of $106.5 billion in March, about half of the level recorded in…
Dutch food watchdog recalls 50,000 tonnes of beef
byThe Hague, April 11 (IANS) Around 50,000 tonnes of beef sold across Europe was recalled by the Dutch Food and Consumer Product Safety Authority…
Spanish chef focuses on creativity to deal with recession
bySantiago, April 11 (IANS/EFE) Spanish chef Joan Roca said Wednesday in Chile that he had managed to ride out Spain’s economic crisis by emphasizing…