Business Blog

Arab uprising economies begin to improve

IMF says GDP growth will increase slightly in Egypt, Jordan, Morocco, Tunisia and Yemen from 2.8 per cent last year to 2.9 per cent in 2014

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US trade deficit narrows in March

Eurozone retail sales rise and UK services expand at their fastest rate in four months

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Switzerland to lift veil on tax secrecy

Switzerland is set to commit to a new global standard on automatic information exchange, in the fight against cross-border tax evasion

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OECD urges ECB to cut rates

Group calls for action ‘to move inflation more decisively towards target’ while issuing generally upbeat short-term economic forecasts

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China’s Canton Fair hit by ecommerce rise

Traders say international trade fair – seen as a barometer of economic health in the country – is losing business to ecommerce and likes of Alibaba

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Eurozone services rise strongly

A breakdown of the purchasing managers’ index provides more signs that the recovery is broadening from the region’s core to its weaker periphery

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