China has witnessed a sharp increase in labour arbitration cases in its southern export hub of Guangdong as exports shrink and jobs disappear, state media said on Thursday. More than 60,000 applications
Asian shares gained on Thursday as aggressive rate cuts and government actions to revive economic growth improved confidence, but plenty of other worrisome signals remained, supporting government bonds. Oil extended the prior
The House of Representatives approved bailout legislation on Wednesday that would force U.S. automakers to restructure or fail, sending the measure to the Senate where prospects for passage appeared grim. "Gonna be
Gross Domestic Product in Cyprus grew by 3.5% in the third quarter of 2008, by comparison to the corresponding period of last year, according to estimates by CyStat, the Cyprus Statistical Service.
Cyprus ranks 22nd in Mathematics and 33rd in Science among school pupils from 60 countries around the world. According to a 2007 research carried out by TIMSS (Trends in International Mathematics and
China's exports and imports shrank unexpectedly in November as the world's fourth-largest economy slowed in a startlingly abrupt way in response to the global credit crunch. The drop in exports from year-ago
Trading volumes at major European stock exchanges have surged in volatile markets this year, but this is unlikely to rescue their own shares from huge falls as investors stay nervous about bigger
Hopes that governments worldwide will help out ailing industries and implement stimulus measures to fight against a deepening economic crisis lifted global stocks on Wednesday while oil gained $2 a barrel. European
Global miner Rio Tinto, saddled with nearly $40 billion in net debt, said it would cut 13 percent of its workforce, slash capital spending and sell more assets as it battles a
The U.S. economy needs a $900 billion government boost focused on Main Street over the next two years to pull it out of a deep recession, a new report from labor and
