Pakistan 'needs help' on economy

World Bank fears Pakistan crisis
Pakistan must take immediate action to prevent its economy from collapse, the World Bank warns.

Pakistan asks IMF for rescue loan
Pakistan has asked the International Monetary Fund for a loan of at least $7.6bn, its top economic adviser says.

Eurozone officially in recession
The eurozone officially slips into recession after new figures show that the economy contracted 0.2% in the third quarter.

Pakistan to approach IMF for loan
A top Pakistani official says Islamabad will approach the International Monetary Fund for a loan in the next 10 to 15 days.

Oil up on China investment plan
Oil prices climb more than $2 a barrel following China's multi-billion dollar stimulus package aimed at boosting its economy.