Archive for February 2005
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Chinese producer prices rose 5.8 percent in the year through January, the slowest rate in eight months, suggesting a benign outlook for consumer price inflation and steady interest rates in the near term. The producer
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Global index provider FTSE said Monday it was taking over the calculation of the specialist real estate index, the EPRA/NAREIT Global Real Estate Index Series, previously done by Euronext. The index, which will be renamed
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There is no reason to be downbeat about the German economy this year as consumers and investors expect growth to resume after a contraction at the end of last year, the Bundesbank said on Monday.
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A decline in credit markets could prompt a wave of lawsuits against investment banks, as investors ratchet up losses on risky credit derivatives, lawyers said on Monday. The warnings come after Barclays Capital last week
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Novartis AG became the world's biggest copy-cat drug maker by agreeing to buy unlisted German firm Hexal and US company Eon Labs in a cash deal worth a total of more than $8 billion. Novartis
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The accounting body which sets International Financial Reporting Standards (IFRS) appointed two new European trustees on Monday but denied it had bowed to European Union (EU) criticism of how it takes decisions. The EU adopted
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Japan's population grew only 0.05 percent in the year to October 1, its slowest increase in 54 years, underscoring concerns that an ageing population may dent future growth in the world's second-largest economy. Japan's population
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Smaller economies and new mainly central European member states are set to drive growth in the European Union this year, as traditional powerhouses continue to lag behind the world's other major economies, the United Nations
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Russia's government has signed a set of regulations on issuing new long-distance phone licences, a Telecoms Ministry official said on Monday, bringing closer an end to the monopoly position of Rostelekom. "The new licensing regulation
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More than 211 million children world-wide aged 5-15 are working full time, half of them in appalling conditions, some as prostitutes and miners, and huge aid increases are needed to help them, Unicef's UK branch
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