January 10, 2012
China export growth slows on weak demand from Europe
Growth in China's exports slowed in December because of sluggish demand from the US and Europe. Exports rose by 13.4% from a year earlier, the customs agency said, down from 13.8% in November. Import growth also slowed, rising 11.8% compared with…
January 10, 2012
Gov’t accused of ‘enslaving’ CLICO policyholders
Former attorney general Ramesh Lawrence Maharaj has accused the coalition People's Partnership government of seeking to "enslave" policyholders even as the High Court is being asked to enforce their right to full compensation on the Executive…
January 10, 2012
French industrial output rises more than expected
French industrial output rose by a greater-than-expected 1.1% in November, lifted by production of electronic equipment and refinery output. Manufacturing output increased by 1.3%, said national statistics office Insee. Year-on-year, manufacturing…
January 10, 2012
Key tax deductions left hanging
It may be a new year, but when Congress returns from its winter break it will be all old business that lawmakers failed to finish before Christmas. The fight over a temporary extension of the payroll tax cut and long-term federal unemployment…
January 10, 2012
Swiss National Bank chairman Philipp Hildebrand resigns
The chairman of the Swiss National Bank (SNB), Philipp Hildebrand, has resigned with immediate effect. It follows revelations his wife Kashya bought $504,000 (£323,024) in August, three weeks before the central bank intervened to cap the Swiss…
January 10, 2012
Voting Begins in First Primary of 2012 US Presidential Election
Voters in the U.S. state of New Hampshire are casting ballots Tuesday in the first primary election of the 2012 U.S. presidential campaign. Residents in the small town of Dixville Notch, near the Canadian border, cast their votes in the…
January 10, 2012
Burma’s Aung San Suu Kyi Confirms Run for Parliament
Burmese opposition leader Aung Sang Suu Kyi has confirmed that she will run for parliament in the country's highly anticipated April by-elections. A spokesperson for Aung Sang Suu Kyi's National League for Democracy party said Tuesday the Nobel…
January 10, 2012
Bomb Kills 25 in NW Pakistan
Pakistani officials say a bomb blast near the Afghan border has killed at least 25 people and wounded 26 others, making it the deadliest attack of its kind in months. The explosion hit a market in the Khyber tribal region Tuesday at a site where…
January 10, 2012
North Korea to Pardon Prisoners to Mark Kims’ Birthdays
North Korea plans to pardon an unspecified number of convicts next month to mark the upcoming milestone birthdays of its two late leaders, Kim Jong Il and Kim Il Sung. The official Korean Central News Agency said Tuesday the amnesty would begin…
January 10, 2012
Syria’s Assad blames ‘foreign conspiracy’
Syrian President Bashar al-Assad has blamed a foreign conspiracy for trying to destabilise Syria. He said the "external conspiracy is clear to everybody", as protests continue against his rule. In his first public remarks for months, he said:…