Pages

Saturday, June 30, 2012

ANC urges bigger state mining role

ANC urges bigger state mining role


ANC urges bigger state mining role

Posted: 29 Jun 2012 04:15 PM PDT

Officials said the detail of what that would entail had to be finalised, in an outcome that is likely to prolong uncertainty that has dogged the industry

Friday, June 29, 2012

Merkel faces up to stormy parliament

Merkel faces up to stormy parliament


Merkel faces up to stormy parliament

Posted: 29 Jun 2012 12:15 PM PDT

Chancellor insists she has reached 'a good compromise' and German taxpayers' money would not be committed without strict conditions

Morsi swears presidential oath to Tahrir crowd

Posted: 29 Jun 2012 11:13 AM PDT

The country's president elect vows to protect the rights of all Egyptian citizens and maintain Egypt as a civil modern state

US consumers cautious on spending

Posted: 29 Jun 2012 10:46 AM PDT

Consumers were more cautious about spending , suggesting weak jobs growth and concerns over Europe are causing shoppers to tighten their pursestrings

Diplomatic scramble ahead of Syria meeting

Posted: 29 Jun 2012 09:12 AM PDT

Officials try to agree on a plan for a transitional government in Damascus amid fears that Russia could derail the deal before the conference

Republican states pressed on Obamacare

Posted: 29 Jun 2012 08:35 AM PDT

Now US Supreme Court has approved health reforms, states must implement insurance provisions and run exchanges or face Washington stepping in

Italy ignores scandal to excel at Euros

Posted: 29 Jun 2012 09:07 AM PDT

Italian football will probably remain a dungheap with flowers. However, it may eventually cease to be a racist dungheap with flowers

Bethlehem sites win World Heritage status

Posted: 29 Jun 2012 10:04 AM PDT

Israelis condemn emergency application by Palestinians as politically motivated, saying Church of Nativity not in need of urgent repairs as claimed

Neighbours balk at sanctioning Paraguay

Posted: 29 Jun 2012 12:13 PM PDT

South American presidents have condemned the ouster of Fernando Lugo in Paraguay and were expected to formally suspend its participation in Mercosur meetings

China’s first woman in space arrives home

Posted: 29 Jun 2012 01:42 AM PDT

The Shenzhou 9 spacecraft returns to Earth after completing a manned docking test critical to its goal of building a space station by 2020

US exempts China from Iran oil sanctions

Posted: 28 Jun 2012 11:49 PM PDT

US says a significant reduction in oil purchases from Iran means Beijing qualifies for an exemption, but China refuses to support sanctions

Thursday, June 28, 2012

US court rules for Obama on healthcare

US court rules for Obama on healthcare


US court rules for Obama on healthcare

Posted: 28 Jun 2012 08:09 AM PDT

The US Supreme Court has left the heart of Barack Obama's healthcare law intact even as it overturned the legislation's legal basis

Eurozone live: EU Brussels summit

Posted: 28 Jun 2012 12:40 PM PDT

The latest news from Brussels as Europe's leaders meet for high-stakes talks on the fate of the euro

China to create special currency test zone

Posted: 28 Jun 2012 06:51 AM PDT

China plans to create a zone to experiment with currency convertibility in Shenzhen, from where Hong Kong banks will be able to lend to the mainland

Hamas chief assassinated in Damascus

Posted: 28 Jun 2012 08:46 AM PDT

Death confirms the concerns of leaders of Palestinian Islamist movement that Syrian capital is no longer safe haven but Israel not yet blamed

Turkey reinforces border with Syria

Posted: 28 Jun 2012 07:25 AM PDT

Anti-aircraft guns and rocket launchers are placed along the 900km frontier but Turkish officials insist there are no plans to engage in conflict

Brazilians suffer loss of mobility

Posted: 28 Jun 2012 09:54 AM PDT

Car repossessions are on the increase as growth in the world's second-largest economy dips and cash-strapped drivers hand back their keys

Mexican left woos crowds ahead of vote

Posted: 28 Jun 2012 05:17 AM PDT

López Obrador remains confident that his humble manner will help him gain votes even as he trails in opinion polls and trump his flashier rival

Boost to investors’ right to information

Posted: 28 Jun 2012 08:12 AM PDT

Ruling by the European Court of Justice on the disclosure of inside information to markets could pave the way for more corporate transparency

Ban gives foie gras makers food for thought

Posted: 28 Jun 2012 10:38 AM PDT

Producers scramble to find new business as they face losses from California's prohibition of fattened duck liver, the result of an animal rights campaign

Australia’s Senate votes down asylum bill

Posted: 28 Jun 2012 07:00 AM PDT

Liberal coalition and the Greens vote against a proposed compromise bill that would have restored offshore processing for refugees

Wednesday, June 27, 2012

Bo family bought luxury London flats

Bo family bought luxury London flats


Bo family bought luxury London flats

Posted: 27 Jun 2012 09:20 AM PDT

An FT investigation has found links between an architect arrested recently and the jet-set life of those in the fallen Chinese official's household

China-Vietnam row hits energy groups

Posted: 27 Jun 2012 09:48 AM PDT

Vietnam accused China of acting 'illegally' after it invites foreign companies to tender for exploration rights in an area already licenced by Hanoi

Insecurity fails to stem Mexico’s growth

Posted: 27 Jun 2012 08:23 AM PDT

Ahead of the presidential election, the institutional fragility of the fledging democracy helps explain how Mexico combines violence and economic boom

Merkel dubs quick bond solutions ‘eyewash’

Posted: 27 Jun 2012 11:54 AM PDT

Despite public resistance, officials involved in the deliberations said the German government was becoming more amenable to quick action

Obama edges ahead in battleground states

Posted: 27 Jun 2012 10:50 AM PDT

President continues to face difficulty among white men and low income voters. But he appears to have gained traction in Pennsylvania, Ohio and Florida

Felda IPO key to Malaysia’s ambitions

Posted: 27 Jun 2012 05:21 AM PDT

Listing is crucial to the government's efforts to lift poor rural farmers out of poverty in a massive social engineering experiment

Syria conference aims for transition deal

Posted: 27 Jun 2012 11:28 AM PDT

A draft proposal urges Bashar al-Assad to make way for a national unity government as violence soars and pro-regime TV staff are killed in attack

Football reflects economics for Germany

Posted: 27 Jun 2012 09:23 AM PDT

The country is no stranger to building excellent teams through co-operation and with lessons from abroad when it recognises old models no longer work

Sanctions threaten weak Iranian economy

Posted: 27 Jun 2012 09:29 AM PDT

Domestic dissent is growing over inflation and high unemployment, which is caused partly by the crisis over Tehran's nuclear programme

Gillard scores victory in refugee battle

Posted: 27 Jun 2012 06:34 AM PDT

Australia's lower house narrowly approves bill to allow offshore processing of asylum seekers but the Senate looks unlikely to pass new law

Tuesday, June 26, 2012

Nigeria losing $1bn a month to oil theft

Nigeria losing $1bn a month to oil theft


Nigeria losing $1bn a month to oil theft

Posted: 26 Jun 2012 09:13 AM PDT

'We have to get very serious about the bunkering issue,' says Ngozi Okonjo-Iweala, the finance minister, as criminal activity soars

Monti’s need for speed underpins EU summit

Posted: 26 Jun 2012 10:07 AM PDT

The debate at Thursday's gathering is stark: will leaders agree to take short-term measures or instead limit themselves to the long-term?

Erdogan declares Syria ‘clear’ danger

Posted: 26 Jun 2012 10:08 AM PDT

Turkish PM tells parliament that shooting down of Turkish fighter will not go unanswered as clashes intensify around Damascus

US senator calls for Magnitsky crackdown

Posted: 26 Jun 2012 12:52 PM PDT

John McCain has called on the US government to designate a group of Russian officials as a "transnational criminal organisation" in relation to the lawyer's death

Mexico’s new middle class shakes up poll

Posted: 26 Jun 2012 09:50 AM PDT

With an estimated 80m people eligible to choose a new president on Sunday, changing habits and aspirations have fragmented traditional voting patterns

Merkel urged to back euro crisis measures

Posted: 26 Jun 2012 10:16 AM PDT

Germany's opposition leader says emergency action to reduce eurozone interest rates needs to be agreed at this week's European summit in Brussels

Brazil’s bad loans hit record high in May

Posted: 26 Jun 2012 10:14 AM PDT

May's data add to fears that the world's leading emerging markets are heading for a deeper than expected slowdown

Japanese lawmakers pass sales tax bill

Posted: 26 Jun 2012 06:26 AM PDT

Prime minister secures approval from the lower house for his bill to double sales tax to 10% but dissenters in the DPJ threaten to divide the ruling party

Hollande pressed to show his hand

Posted: 26 Jun 2012 10:10 AM PDT

Many in the French Socialist party believe strongly that the president should resist perceived German domination of the eurozone

Monday, June 25, 2012

Cyprus requests eurozone bailout

Cyprus requests eurozone bailout


Cyprus requests eurozone bailout

Posted: 25 Jun 2012 09:27 AM PDT

Days before a deadline to recapitalise one of its biggest banks, the government of Cyprus has applied for an EU bailout

EU could rewrite eurozone budgets

Posted: 25 Jun 2012 12:29 PM PDT

Proposals part of ambitious plan to turn eurozone into a closer fiscal union, giving Brussels more powers to serve like a pan-European finance ministry

Greek finance minister quits over health

Posted: 25 Jun 2012 10:16 AM PDT

Athens scrambles for successor before EU summit as the country's six-day-old government is plunged further into disarray

Justices uphold key part of Arizona law

Posted: 25 Jun 2012 11:23 AM PDT

The Supreme Court has issued a split verdict on Arizona's controversial law targeting illegal immigrants, overturning three of the four key provisions

Turkey says Syria fired at second jet

Posted: 25 Jun 2012 11:59 AM PDT

As Nato prepares to discuss the shooting down of a fighter, Ankara has alleged that a rescue aircraft was also shot at by forces of Damascus

Egypt’s president faces balancing act

Posted: 25 Jun 2012 06:50 AM PDT

Political analysts say Mohamed Morsi is likely to adopt a mix of confrontation and accommodation with the army as he tries to focus on the economy

Anti-sleaze activist joins Aeroflot board

Posted: 25 Jun 2012 09:57 AM PDT

Alexei Navalny, a leading Russian opposition figure and blogger, is to use his new position to promote his corporate governance campaign

S Africa steelmaker braced for change

Posted: 25 Jun 2012 08:14 AM PDT

Proposals to be discussed by the ANC include the establishment of a state-backed steel operator to counter AMSA's near monopoly, as well as additional mining taxes

China’s officials forced to sell luxury cars

Posted: 25 Jun 2012 08:29 AM PDT

Cash-strapped local governments have begun auctioning off fleets of vehicles to bolster revenues hit by the country's slowdown

Azerbaijanis seek words for identity

Posted: 25 Jun 2012 07:22 AM PDT

In an attempt to create cohesion in a multilingual population the country's nine national TV stations are banned from showing foreign language shows

Sunday, June 24, 2012

Islamist leader wins Egyptian presidency

Islamist leader wins Egyptian presidency


Islamist leader wins Egyptian presidency

Posted: 24 Jun 2012 11:31 AM PDT

Mohamed Morsi has been declared president by the powerful electoral commission, a week after polls closed in a tightly-fought election

Turkey consults Nato on downed jet

Posted: 24 Jun 2012 03:33 AM PDT

Ankara weighs response with international partners to the downing by Syria of a military aircraft but steers clear of strong rhetoric against Damascus

Spain to ask for aid as EU fights debt crisis

Posted: 24 Jun 2012 12:33 PM PDT

Madrid to ask for up to €100bn to recapitalise banks – and in return eurozone partners will want a restructuring of Spain's domestic lenders

Tense wait for Supreme Court’s Obamacare ruling

Posted: 24 Jun 2012 09:59 AM PDT

Mr Roberts has presided over a bench that has issued an increasing number of 5-4 decisions, a trend that has fuelled suspicions the court is becoming ever-more political

China moves to lift property market

Posted: 24 Jun 2012 06:43 AM PDT

The two-speed property market presents a dilemma; the biggest cities remain buoyant but weaker activity elsewhere worries Beijing

Congo threatens to take back oil blocks

Posted: 24 Jun 2012 09:01 AM PDT

Kinshasa threatensd to take away two prospective oil blocks awarded to start-up offshore companies linked to Israeli tycoon Dan Gertler

Ashraf faces hot summer of crisis

Posted: 24 Jun 2012 09:46 AM PDT

Pakistan's new prime minister, who has fought past corruption allegations, will be under pressure to call early elections as troubles grow

Greek lenders postpone mission to Athens

Posted: 24 Jun 2012 11:23 AM PDT

The EU, ECB and IMF troika delayed its trip – tightening the financial squeeze – because the new PM and finance minister were in hospital

Malaysian greens join rare earths battle

Posted: 24 Jun 2012 12:37 PM PDT

A fight is growing over plans by the Australian miner Lynas to build a rare earth refinery that could break China's grip on supply

Myanmar delays foreign investment laws

Posted: 24 Jun 2012 09:00 AM PDT

With inward finance this year running at a low level, the authorities have indicated that key economic legislation will be further put back

Saturday, June 23, 2012

Bahrain opposition says leader injured

Bahrain opposition says leader injured


Bahrain opposition says leader injured

Posted: 23 Jun 2012 04:35 AM PDT

Bahrain's main opposition group says its leader was injured when police opened fire on a protest in Bahrain's capital, escalating the cycle of pro-democracy protests

Egypt to announce president on Sunday

Posted: 23 Jun 2012 08:39 AM PDT

Powerful election commission says it will disclose result of closely watched contest between Islamist and former Mubarak official

Lugo sacked as Paraguay president

Posted: 22 Jun 2012 04:40 PM PDT

Riot police turned water cannon and tear gas on protesters after the Senate voted for impeachment over the former priest's handling of a fatal land eviction

Friday, June 22, 2012

Eurozone rift deepens over debt crisis

Eurozone rift deepens over debt crisis


Eurozone rift deepens over debt crisis

Posted: 22 Jun 2012 11:07 AM PDT

Rome meeting intended to show unity ahead of EU summit, ends in disagreement over the need for short-term intervention in the markets

Push for EU-wide ‘Robin Hood tax’ ends

Posted: 22 Jun 2012 09:43 AM PDT

Ministers have ditched efforts to agree a financial transaction levy across Europe, leaving willing states free to pursue a limited version

Egypt’s military hits at Muslim Brotherhood

Posted: 22 Jun 2012 08:19 AM PDT

The Muslim Brotherhood, which claims a narrow victory for its presidential candidate, has is pressuring the military to hand over power

Tension as Turkish jet crashes off Syria

Posted: 22 Jun 2012 10:51 AM PDT

Emergency talks were being held between the neighbouring states – who have become adversaries – amid claims that the F4 was shot down

Rio+20 declaration lacking on pledges

Posted: 22 Jun 2012 10:59 AM PDT

Some, such as the US, China and many business groups have hailed a 'step forward', but environmental groups have condemned an 'epic failure'

Ex-minister elected Pakistani PM

Posted: 22 Jun 2012 01:59 AM PDT

The national assembly elected Raja Pervez Ashraf, a former utilities minister whose tenure was tainted by scandal

German business confidence drops to 2-year low

Posted: 22 Jun 2012 02:22 AM PDT

Indicator of growth trends adds to evidence that Germany's economy is faltering as the eurozone crisis takes its toll on business confidence

New Greek finance minister in hospital

Posted: 22 Jun 2012 07:21 AM PDT

Vassilios Rapanos is undergoing checks after he was rushed to hospital following a fainting spell, just hours before he was due to be sworn in by president

Romney’s Mormon army mobilises

Posted: 22 Jun 2012 09:45 AM PDT

The US Republican presidential campaign plans to harness local energy by deploying supporters from Utah to battleground states

Tata wins West Bengal land grab ruling

Posted: 22 Jun 2012 04:35 AM PDT

Tata Motors scores victory as a court overrules order forcing the group to return land originally due to manufacture its ultra-cheap Nano car

Thursday, June 21, 2012

ECB to relax loan rules for Spanish banks

ECB to relax loan rules for Spanish banks


ECB to relax loan rules for Spanish banks

Posted: 21 Jun 2012 09:01 AM PDT

Lenders will be allowed to make greater use of asset-backed securities with other measures intended to reduce the role of credit rating agencies

Pakistan’s political crisis deepens

Posted: 21 Jun 2012 08:38 AM PDT

The ruling party was forced to withdraw its candidate for prime minister after a warrant was issued for his arrest by an anti-narcotics agency

Legal move threatens EU rescue fund

Posted: 21 Jun 2012 12:08 PM PDT

A German opposition party has asked the highest court to suspend ratification of the €500m European Stability Mechanism

Eurozone divided on Athens bailout terms

Posted: 21 Jun 2012 11:49 AM PDT

France indicates it is open to allowing Greece some leeway on deficit targets while other northern European countries showed less leniency

Fighting creeps closer to Damascus

Posted: 21 Jun 2012 09:47 AM PDT

As fighting intensifies, some residents of the Syrian capital are questioning whether anyone has the ability to end the bloody 15-month crisis

Italy’s quake-hit north strives to recoup

Posted: 21 Jun 2012 09:35 AM PDT

Quake-damaged region struggles to keep its economy afloat as citizens make do in tents and improvised offices while long-term debts remain unpaid

Opus eyes record price for HK property

Posted: 21 Jun 2012 06:55 AM PDT

Developers of luxury complex are expected to ask $58m for flats despite predictions of slowing demand among wealthy buyers from the Chinese mainland

Infrastructure snarls up Rio+20 success

Posted: 21 Jun 2012 10:44 AM PDT

Transport and hotel issues irk delegates enough to turn some away from the city preparing to host the 2016 Olympics and the 2014 World Cup

US ‘troubled’ as Egypt delays poll results

Posted: 21 Jun 2012 02:23 AM PDT

Hillary Clinton is concerned over the military's power grab and spoke of 'clear red lines' over how the transition process should be managed

South Africa’s ANC losing its way

Posted: 21 Jun 2012 07:45 AM PDT

Critics say patronage, corruption and factionalism are hampering the governing party's fight against unemployment, poverty and inequality