China’s economy has expanded by a breakneck 9.5% during 2004, faster than predicted and well above 2003’s 9.1%. The news…
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Air China in $1bn London listing
China’s national airline is to make its overseas stock market debut with a dual listing in London and Hong Kong,…
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Mexican in US send $16bn home
Mexican labourers living in the US sent a record $16.6bn (£8.82bn) home last year. The Bank of Mexico said that…
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Australia rates at four year high
Australia is raising its benchmark interest rate to its highest level in four years despite signs of a slowdown in…
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Wall Street cheers Bush victory
The US stock market has closed higher in response to George W Bush’s victory in the presidential elections. The benchmark…
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Qwest may spark MCI bidding war
US phone company Qwest has said it will table a new offer for MCI after losing out to larger rival…
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US interest rate rise expected
US interest rates are expected to rise for the fifth time since June following the US Federal Reserve’s latest rate-setting…
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Continental ‘may run out of cash’
Shares in Continental Airlines have tumbled after the firm warned it could run out of cash. In a filing to…
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Chinese exports rise 25% in 2004
Exports from China leapt during 2004 over the previous year as the country continued to show breakneck growth. The spurt…
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Europe blames US over weak dollar
European leaders have openly blamed the US for the sharp rise in the value of the euro. US officials were…
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