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Can Diamonds Outlive India's Gold Obsession?
Socio-economic development and gold's relative high price are prompting more Indians to turn to diamonds.
George Osborne: Triple-Dip Won't Change Government's Fiscal Strategy
Chancellor Osborne insists austerity is only way to recover public finances despite prospect of intensified downturn in UK economy.
China's Industrial Profits Rise 17% in December
China's industrial profits rise for the fourth straight month in December, indicating ongoing economic recovery.
Japan Forecasts 2.5% Real GDP in FY 2013
The aggressive stimulus measures from Japan's new government prompt analysts to estimate improved conditions.
New Bank Boss Prioritises Growth
Incoming Bank of England governor Mark Carney says stimulus measures must remain in place to take UK economy out of danger zone.
Britain's Austerity Drive Will Continue, Vows Clegg
Deputy prime minister faces down criticism that cuts have gone 'too far, too fast', saying the coalition remains committed to slashing the deficit.
US Military Blacklists Afghanistan’s Kam Air Airline over Opium Smuggling Claim
Opium allegedly hidden on Kam Air passenger flights between Kabul and Tajikistan’s capital of Dushanbe.
European Shares Extend Gains as Investor Sentiment Builds Bullish Case
European banks repay nearly a third of emergency ECB loans after German business sentiment rises for a third consecutive month
UK Economy: A Three-Way Bet to Avoid a Triple Dip
David Cameron, George Osborne and Mervyn King have placed an all-in bet on Britain's economic future, says IBTimes Business Editor Martin Baccardax.
Triple-Dip Recession Ahoy? Analysts React to Q4 UK GDP Slump
ONS preliminary data shows -0.3 percent contraction of UK economy in fourth quarter of 2012.
WEF Paints Bleak Outlook for Russia's Economy
The World Economic Forum benchmark report emphasises significant changes needed to sustain economic growth
UK Economy Contracts 0.3% in Final Quarter of 2012
Triple-dip recession looms as ONS preliminary data says UK economy contracted 0.3 percent in 2012's fourth quarter.
European Stocks Cautious Ahead of Key Economic Indicators
Markets open lower as traders await UK's fourth quarter GDP and Germany's IFO business survey.
Japan Consumer Prices Fall Puts BoJ Under Further Stimulus Pressures
Japan's consumer prices fall in December raises deflation concerns despite the recent government efforts to boost inflation rates.
Germany's Comeback Highlights '3-Speed' Europe as Markit PMI Data Points to Deeper Recession
Record unemployment in Spain and three-year low for manufacturing in France indicate growing divergence in eurozone.
South Korea's Growth Picks Up but at Three-Year Low in 2012
Asia's fourth largest economy posts weaker-than-expected GDP figures as lower external demands hurt growth.
HSBC Flash China Manufacturing PMI Rises to 2-Year High in January
Domestic demand expected to drive China's ongoing economic recovery.
Asian Markets Pick Up after Improved China PMI
Markets recover from a weak start sparked by Apple's weak results after HSBC's China Flash PMI shows improvement.
World Economic Outlook: IMF Lowers UK Growth Forecast
Slower growth predicted by International Monetary Fund delivers latest economic blow for Chancellor George Osborne.
UK November Unemployment Rate Falls to 7.7% [VIDEO]
ONS data also shows employment rate rising despite weak UK economy.
World Economic Forum Meeting opens in Davos
World Economic Forum discusses global, regional and industry agendas to shape world.
European Shares Dip After Bank of Japan Delay, EU Tax Proposal
Stock markets post modest declines as bond and currency traders prepare for David Cameron's key EU speech in London
EU Green Light to Pursue Financial Transaction Tax
France and Germany among 11 countries to design regional 'Tobin Tax' after EU finance ministers give majority support.
UK Adds £15.4 Billion to Public Debt Pile in December
Public debt as a portion of GDP now 70.7 percent, reports Office for National Statistics.
European Shares Nudge Higher Ahead of Bank of Japan Decision, Key UK Data
US markets closed for Martin Luther King holiday keep traders on the sidelines as investors await Bank of Japan policy decision.
'Low Growth Landscape' for UK Economy - E&Y ITEM Club
Ernst & Young predicting just 0.9 percent growth in 2013 for UK economy.
New RAF Super Jet Could 'Blow Up' In Bad Weather
The new £135 million Lightning II is vulnerable to lightning strikes, according to Pentagon documents.
Asian Markets Weekly Roundup: Solid China GDP and Weak Yen Boost Sentiments
Markets advanced this week as a better- than- expected China GDP and a weak yen bolstered global economic optimism.
UK Economy Set for Sharp Fourth Quarter Slump After Limp December Retail Sales
Consumer demand remains elusive as investors turn on sterling amid bets of a new round of support from the Bank of England.
European Stocks Jump on China's Improved GDP
Sentiments upbeat as Chinese GDP growth boosts global economic optimism.