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Bank of Japan Governor Haruhiko Kuroda speaks at the International Conference on the Future of Asia in Tokyo today. Photograph: Toru Hanai/Reuters. Kuroda sets out plans to guide Japan to recovery
  • World
  • May 24, 2013, 08:54

BOJ Governor keen to stabilise bond yields through market operations, communication

Time to get into Africa?
  • World
  • May 24, 2013, 01:01

Irish Exporters Association reckons exports to Africa could reach €24 billion by end of decade

A file photograph of US jobseekers standing in line to meet with prospective employers at a career fair in New York City. Photograph: Mike Segar/Files/Reuters. New claims for US unemployment benefits fall
  • World
  • May 23, 2013, 15:29

Figures suggest employers not laying off staff in response to tighter fiscal policy

Lightning from a tornadic thunderstorm passing over Clearwater, Kansas, strikes at an open field last Sunday. “Data on the burning of fossil fuels since the mid-18th century show a consistent rise in annual emissions of carbon dioxide.” Photograph: Reuters Eight ways to tackle climate change

More US consumers gave a favorable view of their personal finances than in anytime since 2007. US consumer sentiment near six-year peak
  • World
  • May 17, 2013, 15:53

Consumers felt better about financial and economic prospects

A Walrus sits on a melting ice shelf in the Chukchi Sea. The earth’s atmosphere is warming faster than expected and evidence is mounting that sea levels could rise between nine and 88cm up to 2100. Photograph: Reuters Market blinds us to dangers of climate change

Foremost reason: civilization built on fossil fuels

Turkey’s government debt has fallen from 78 per cent to 40 per cent of GDP since prime minister Tayyip Erdogan came to power a decade ago. Photograph: Reuters/Umit Bektas Turkey pays off final IMF instalment
  • World
  • Bloomberg
  • May 14, 2013, 13:13

Last loan payment of $422 million to be made to International Monetary Fund after 52 years

Hong Kong is one of the top beneficiaries of investments by wealthy Chinese Tycoons keeps exit options open

China’s rich increase investment overseas

Getting a reservation at Beijing’s top restaurants is much easier now than a year ago, as government officials steer clear of pricey dinners. Graft clampdown hits high end catering

China’s new leader has made combatting corruption a priority

The commercial and shopping district in Kunming, Yunnan province. 20 years a-growing and Yunnan’s transformation amazes

Yunnan’s GDP reached €120bn last year, growth of 13% year on year, compared to national average of 7.8%

Do we have a major bond and/or stock bubble? On bonds, I’d say definitely not. On stocks, probably not, although I’m not as certain Brush aside talk of bubbles and get back to work

What is a bubble, anyway? I’d define it as a situation in which asset prices appear to be based on implausible or inconsistent views about the future

Carl Icahn: has proposed an alternative to a $24.4 billion buyout deal led by founder Michael Dell. Icahn and Southeastern offer alternative to Dell buyout
  • World
  • May 10, 2013, 17:20

Option of $12 a share in cash or $12 a share in stock valued at $1.65 a share

Workers clean empty cages, which were used to transport chickens, after morning trading at a wholesale poultry market in Hong Kong. China records impressive growth but export data comes under scrutiny
  • World
  • May 9, 2013, 06:05

Evidence that exporting groups used over-invoicing to evade capital controls

China’s exports rose 14.7 per cent in April, while imports grew 16.8 per cent, leaving the country with a trade surplus of $18.16 billion for April. Photograph: China Daily/Reuters China trade beats expectations in April
  • World
  • May 8, 2013, 07:10

But data fails end scepticism that financial manoeuvring is masking demand weakness

National Australia Bank, Australia’s largest bank by assets, lowered its variable mortgage rate by 25 basis points on Tuesday, after the Reserve Bank of Australia reduced its main cash rate to a record low 2.75 per cent from 3.0 per cent. Photograph: Reuters/David Gray Australian Central Bank cuts interest rate
  • World
  • Bloomberg
  • May 7, 2013, 10:27

Reserve Bank of Australia follows global counterparts to cut rate to record low of 2.75%

Eurozone growth slump drags on
  • World
  • May 6, 2013, 13:59

Expansion in Chinese economy falls to weakest level since August 2011

The US unemployment rate fell to a four-year low of 7.5 per cent in April. US job growth beats expectations in April
  • World
  • May 3, 2013, 16:06

Unemployment rate at four-year low of 7.5 per cent

Ireland ‘to test banks’ ahead of EU-wide exercise
  • World
  • May 3, 2013, 15:29

Standoff with international lenders over the timing of ‘stress tests’ of bailed-out banks resolved

New export orders fell for the first time this year, a private survey showed today. China’s factory sector growth eases in April
  • World
  • May 2, 2013, 09:08

New export orders fell for the first time this year, survey shows

Google, the world’s most popular search engine, submitted its proposals earlier this month after the European Commission outlined four areas of concern about its business practices, saying these could restrict consumer choice and competition. Photograph: Mike Blake/Reuters EU antitrust body seeks views on Google concessions
  • World
  • Reuters
  • April 25, 2013, 14:20

Search engine could face hefty fines if deal is not reached about business practices

A fall in dairy prices has impacted negatively on profits at the Tipperary-based Arrabawn co-op. Photograph: Brenda Fitzsimons/The Irish Times Arrabawn profits fall 46% to €1.14 million

Turnover at Tipperary co-op increased marginally in 2012 but fall in dairy price impacted on results

Latest Economy

(Left to right) Irish Times editor Kevin O’Sullivan, Irish Times business editor John McManus and KPMG managing partner Shaun Murphy at the publication of the Irish Times Top 1,000 companies magazine in Dublin today. Photograph: Cyril Byrne. CRH leads ‘Irish Times Top 1,000’ survey
Minister for Jobs, Enterprise and Innovation, Richard Bruton has welcomed the announcement of 100 new jobs by three Enterprise Ireland backed firms. Photograph: Dara Mac Donaill/The Irish Times. Three State-supported firms to hire 100 staff
File photograph of a worker controlling a blast furnace at Europe’s largest steel factory in the western German city of Duisburg. Germany’s economy crept back into growth in the first quarter of the year after a sharp contraction at the end of 2012. Photograph: Ina Fassbender/Reuters. Germany posts meagre first quarter GDP growth
European Commissioner for Internal Market and Services Michel Barnier: “We need more responsible companies.” Photograph: John Thys/AFP/Getty Images EU moves to crack down on tax avoidance
Bank of Japan Governor Haruhiko Kuroda speaks at the International Conference on the Future of Asia in Tokyo today. Photograph: Toru Hanai/Reuters. Kuroda sets out plans to guide Japan to recovery
Time to get into Africa?