US recovery optimism despite weak jobs data
The American economy appears to have hit some potholes over the past two months though most economists and investors remain comfortable that the long-awaited recovery is on track.
US debt ceiling panic starts up again
US Treasury Secretary Jacob Lew has urged Congress to raise the debt ceiling as soon as possible, saying United States borrowing authority may not last past February 27.
German banks under stress: UK adviser
British government adviser Davide Serra says this year’s stress tests by European authorities are likely to find fresh problems in the euro zone banks.
Aid convoy fired on in Syria
Damascus Syria’s Red Crescent has managed to deliver some food and medical aid to rebel-held areas of Homs city, despite being fired on.
Sham election sets dangerous standard for Bangladesh
For more than two decades, Sheikh Hasina of the Awami League and Khaleda Zia of the Bangladesh Nationalist Party have ruled Bangladesh, and have turned the country’s largest parties into patronage-based personality cults.
S&P downgrades Turkey rating outlook to negative
Ratings agency Standard & Poor's downgraded Turkey's credit rating outlook to negative from stable on Friday, while keeping its local rating at BBB and foreign rating at BB+, the agency said on its website.
US economy adds 113,000 jobs in January
US employers hired far fewer workers than expected in January and job gains for the prior month were barely revised up, even as the unemployment rate hit a new five-year low of 6.6 per cent.
RBC Capital Markets co-head of FX trading leaves bank
Graeme King has left his role as co-head of foreign exchange spot trading at RBC Capital Markets , the bank confirmed on Friday, marking the fourth high profile industry departure this week.
Lufthansa picks Spohr as boss to battle budget carriers
Germany's Lufthansa has picked Carsten Spohr as its new chief executive, naming a company veteran to lead the battle against low-cost carriers and fast-growing Gulf airlines.
German court's ECB move leaves sovereignty unresolved
Germany's constitutional court has sidestepped a crucial dispute over who has ultimate authority in the EU by referring a complaint against the European Central Bank to the European Court of Justice.
Snowden’s cheap software exposes NSA
Intelligence officials investigating how Edward Snowden gained access to a huge trove of highly classified documents say he used cheap and widely available software to access the National Security Agency’s networks, and kept at it even after he was briefly challenged by agency officials.
Foreign leaders hasty and harsh in judgment of Putin
A justifiable attempt to scrutinise the government of President Vladimir Putin has degenerated into an exercise in schadenfreude and ill will.
Japan cranks up the culture wars
Shinzo Abe’s stacking of Japan’s national broadcaster with governors who are wartime atrocity-deniers shows how a dangerous edge can creep into Australia’s sometimes clumsy diplomacy between Tokyo and Beijing.
International travel hits a high
A record 4.5 million Chinese people travelled overseas during the week-long New Year holiday.
