Thursday, 26 Nov 2009 | Source: Reuters
Australian businesses investment slipped unexpectedly last quarter but a sharp upward revision to spending plans supported policy makers' optimism about the economy and left intact the case for an imminent rise in interest rates.
Thursday, 26 Nov 2009 | Source: CNBC staff and wire reports
Asia's major stock indexes finished lower across the board in a volatile, holiday-thin session Thursday, despite Wall Street posting modest gains overnight.
Wednesday, 25 Nov 2009 | Source: Reuters
President Barack Obama sought to reassure Indian Prime Minister Manmohan Singh on Tuesday of his commitment to boosting U.S. ties with India even as his administration has set its rivals, China and Pakistan, as top priorities.
Wednesday, 25 Nov 2009 | Source: Reuters
Rates on 30-year mortgages dropped in the past week to match a record low set in April, while the 15-year home loan rate fell to a new all-time low, home funding company Freddie Mac said on Wednesday
Wednesday, 25 Nov 2009 | Source: CNBC.com
There will be a short-term pullback after Thanksgiving in stock markets and there is a 50 percent chance that the US economy will double-dip, according to Paul Schatz, president of Heritage Capital.
Wednesday, 25 Nov 2009 | Source: Reuters
Fresh economic reports painted a picture of a gradual economic recovery as consumer spending rose and durable orders unexpectedly fell. The employment picture strengthened as jobless claims tumbled more than expected.
Wednesday, 25 Nov 2009 | Source: Reuters
Demand for U.S. home loans slipped last week even as mortgage rates hovered near record lows, the Mortgage Bankers Association said on Wednesday.
Wednesday, 25 Nov 2009 | Source: The Associated Press
Sales of new homes are expected to post a modest increase in October, reinforcing data this week that showed the real estate market is regaining its footing after a dramatic collapse.
Wednesday, 25 Nov 2009 | Source: The Associated Press
The Miles family is changing it up this year in the annual American race to make it to the table for Thanksgiving dinner. Instead of booking plane tickets, they opted to take the 1,100-mile trip by train.
Wednesday, 25 Nov 2009 | Source: CNBC.com
UK shoppers still hear the same Christmas classic tunes, but the bright signs screaming “sale, sale, sale” aren’t what they had expected. The deals of Christmas-past are distant memories as inventory cutbacks are in full swing.
Wednesday, 25 Nov 2009 | Source: Reuters
Half of the losses suffered by banks could still be hidden in their balance sheets, more so in Europe than in the US, IMF chief Dominique Strauss-Kahn was quoted as saying.
Wednesday, 25 Nov 2009 | Source: Reuters
Vietnam's central bank governor said on Wednesday the bank would raise the benchmark base rate to 8 percent from 7 percent effective Dec. 1 and announced a one-off devaluation in the dong, effective from this afternoon.
Wednesday, 25 Nov 2009 | Source: Reuters
President Barack Obama sought to reassure Indian Prime Minister Manmohan Singh on Tuesday of his commitment to boosting U.S. ties with India even as his administration has set its rivals, China and Pakistan, as top priorities.
Wednesday, 25 Nov 2009 | Source: Reuters
The dollar slid to a fresh 15-month low against a basket of currencies Wednesday as upbeat data on weekly jobless claims, personal consumption, and new home sales bolstered the outlook for the U.S. economy.
Tuesday, 24 Nov 2009 | Source: Reuters
Japan's exports grew in October for the third straight month thanks to robust shipments to Asia, the country's export-driven economy is on the mend.
Posts |
TOPIC : Economy (Global)
27 Nov 2009
President Barack Obama's plan to announce the U.S... Read More
25 Nov 2009
Everyone on Wall Street is watching to see how the holiday season pans out... Read More
25 Nov 2009
Retailers are gearing up for one of the busiest shopping days of the year—Black Friday... Read More
25 Nov 2009
For jobless claims, the dividing line between job losses and job gains is probably between 450k and 475k, which means that at 466k the latest figure may be pointing to a cessation of job losses, says bond expert Tony Crescenzi.... Read More
25 Nov 2009
Stocks climbed Wednesday after a report showed new-home sales rose more than expected... Read More
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