The recovery from the global economic crisis has been faced with setbacks since the middle of 2010 and the outlook for growth in 2011 remains grim, states a new UN report pre-released on Wednesday.
Die VN sê daar gaan volgende jaar min groei in die wêreldekonomie wees.
Asian stock markets opened higher Monday encouraged by robust Wall Street gains before the weekend and record-high gold prices.
Markte in Asië het vanoggend hoër begins as gevolg van Vrydag se positiewe sluiting op Wallstraat.
National Planning Commission Minister, Trevor Manuel, says transformation at the World Bank Group and International Monetary Fund - known as Bretton Woods Institutions - is too slow.
Die minister van die nasionale beplanningskommissie, Trevor Manuel, sê die Wêreldbank en die Internasionale Monitêre Fonds moet vinniger verander word.
US stock markets reached their highest level in four months on Friday as mixed economic data offered traders a glimmer of hope that the US economy was strengthening.
Markte in die VSA het hulle hoogste vlak in vier jaar bereik, met gemengde ekonomiese data wat makelaars laat dink die ekonomie is besig om sy kop op te tel.
Asian stock markets climbed Monday, encouraged by gains on Wall Street and Chinese economic indicators released over the weekend.
Markte in Asië is hoër vanoggend na die VSA Vrydag beter gesluit het en positiewe ekonomiese data uit Sjina oor die naweek.
The dollar edged down against the yen and euro in Asian trade Monday as investors waited for the outcome of this week's US Federal Reserve policy meeting, analysts said.
Die dollar het teruggeval teen die euro en die yen vanoggend in Asië, met kenners wat sê beleggers wag vir die beleidsvergadering van die Amerikaanse reserwebank.
President Barack Obama says the US economy is showing improvement from the deepest recession in decades but conceded the "progress has been painfully slow."
President Barack Obama sê die VSA herstel van sy ekonomiese krisis, maar die vordering is “pynlik stadig”.
Germany's top 10 banks will need to raise 50 billion euros in new capital to meet proposed new global banking rules due to go into effect in 2019, the weekly Der Spiegel reports.
Die top 10 banke in Duitsland sal 50 miljard euro moet bymekaarmaak om nuwe bankreëls na te kom.
Oil prices slipped to near $74 a barrel Monday in Asia as a stubbornly high US unemployment rate undermined confidence in stronger demand for fuel.
Die olieprys het vanoggend geval tot naby $74 na die hoë werkloosheidsyfer in die VSA sterker aanvraag vir olie teengewerk het.
Asian stocks were mixed in early trading Thursday, but Japan's Nikkei index extended gains after Tokyo intervened in the currency market for the first time since 2004 to weaken the yen.
Markte in Asië ry wipplank vanoggend, maar die Nikkei is hoër na Japan die eerste keer in ses jaar ingemeng het om die waarde van die jen te verminder.
European Central Bank chief Jean-Claude Trichet says if Greece were to leave the eurozone and revert to the drachma, that would be the "worst possible option".
Die hoof van die Europese sentrale bank, Jean-Claude Trichet, sê dit sal die swakste moontlike besluit vir Griekeland te wees om terug te val na die dragma.
