Pakistan Requests $4 Billion More IMF Aid, Tarin Says

Pakistan has requested $4 billion more in International Monetary Fund aid as part of an effort to shore up its economy amid a war […]

U.S. Retail Sales Probably Rose in June, Helped by Discounts

Retail sales in the U.S. probably rose in June for the second straight month as price cuts brought shoppers back into stores, economists said […]

Poland’s Political Storm Whirls Round Central Bank Independence

The row between Poland’s top two politicians over the central bank deepened yesterday when Piotr Kownacki, head of President Lech Kaczynski’s office, said a […]

GM on cusp of exiting bankruptcy

A leaner General Motors was close to starting a new life under government ownership Friday.
GM Chief Executive Fritz Henderson is planning a press conference […]

Stimulus spending short sighted - watchdog

Fiscally-stressed states are using their stimulus dollars to satisfy immediate needs rather than undertake longer-term reforms, according to a government report released Wednesday.
For example, […]

Philippines May Cut Key Interest Rate to Record Low

The Philippine central bank may reduce borrowing costs for a sixth time in seven months to boost domestic spending and shield the Southeast Asian […]

Taiwan’s Exports Drop for 10th Month on Global Slump

Taiwan’s exports fell for a 10th straight month in June, extending the longest run of declines since 2001, as global demand for electronics goods […]

Philippines to Slow 2010 Budget Expansion Amid Revenue Threats

The Philippines plans a smaller increase in its 2010 spending plan as it seeks to narrow a record budget deficit while new tax measures […]