Amazon.com announced the launch of Kindle Singles digital books that are longer than a magazine article but shorter than a typical book. Priced between $0.99 and $4.99, each Kindle Single is intended to allow a single killer idea - well researched, well argued and well illustrated - to be expressed at its natural length.
In response to the reconstruction costs associated with the floods that have devastated Queensland and Victoria provinces, the prime minister of Australia, Julia Gillard, has unveiled a new “flood tax” to help pay for the rebuilding.
The Federal Reserve showed on Wednesday it was in no rush to cut short its rescue of the U.S. economy, saying high unemployment still justified its $600 billion bond-buying plan even though the economy has
Ratings agency Standard & Poor’s has downgraded the sovereign credit rating of Japan, the third-biggest economy in the world, to AA- from AA.
Brazil’s unemployment rate fell to a record low in 2010, as the country’s economy records the fastest growth since 1985.
China's annual economic growth is expected to ease to about 9 percent in the first quarter while consumer inflation is projected at 5 percent, according to a government think tank report published in the official Chinese Securities Journal on Thursday.
The U.S. budget deficit will hit $1.5 trillion in 2011, or 9.8 percent of the GDP, according to estimates from the Congressional Budget Office (CBO).
Americans' trust in institutions of all kinds dropped last year as persistently high unemployment sapped people's confidence in business and government, a newly released study found.
South Korea's economy grew more than expected in the last quarter of 2010, posting an increase for the eighth consecutive quarter, the Bank of Korea said on Wednesday.
The minutes of Bank of England's (BoE) Monetary Policy Committee meeting held on January 13 showed that policymaker Martin Weale joined Andrew Sentance in voting for a 25 basis points rate hike.
International ratings agency Standard and Poor's upgraded South Africa's outlook to stable from negative on Tuesday, and said the country's external balance sheet would remain manageable.
The Japanese government is no longer in a position to excessively rely on debt to handle the nations’ finances, Japanese Finance Minister said on Tuesday.
Economy in the U.K. grew slower in the fourth quarter though it was above economists' forecasts, according to the latest report by the U.K. Statistical Department.
The Bank of Japan (BoJ) kept its key overnight call rate unchanged at a range of zero to 0.1 percent on Tuesday, assessing that the economic recovery was showing signs of a pause.
The Reserve Bank of India (RBI) raised key interest rates on Tuesday by a quarter point each, as expected, in a bid to clamp down on resurgent inflation and warned that higher food prices could become entrenched if steps to boost output are not taken.
The ten most “prosperous” nations on earth, according to Legatum’s system, are dominated by Europe. The top ten in order are Norway, Denmark, Finland, Australia, New Zealand, Sweden. Canada, Switzerland, Netherlands and the United States.
Factories in the euro area witnessed strong price increases in January while the services sector too posted better-than-expected growth, suggesting the eurozone has made a solid start to the year.
China’s economy is estimated to grow at 9.8 percent in 2011, with inflation likely to reach 3.7 percent.
China's gross domestic product is expected to grow 9.8 percent in 2011, with inflation likely to stand at around 3.7 percent for the year, the official China News Service said, citing a government think tank.
Australians may be hit with a one-time “flood tax” to help pay for the damages wrought by the devastating floods in Queensland and Victoria.
UK retail sales slid 0.8 per cent in December as food, petrol and clothing sales remained under pressure and the adverse effects of the snow dented high street spending.
Close on the heels of a China central bank adviser hinting at an imminent rate hike, a state-controlled newspaper has said more rate hike is on the cards, probably as early as in February, confirming the dominant view that Beijing will pull out all the stops to address what is becoming a serious political problem.
