Economics
2012-03-26 09:41:50
Manufacturers in the U.S. probably received more orders for durable goods in February and consumer purchases climbed the most in five months, economists said reports this week will show.
2012-03-26 09:40:58
The Bank of Japan’s decision to expand bond purchases and set a 1 percent inflation goal was a step too far that leaves the monetary authority likely to finance government deficit spending, a former executive said.
2012-03-26 09:39:42
The good news: China’s government will engineer a soft landing. The bad news: Even a soft landing is painful for industries that have become dependent on the world’s fastest-growing major economy as their main profit engine.
2012-03-22 10:05:41
Sales of previously owned U.S. houses held in February near an almost two-year high, adding to evidence the market that triggered the recession is firming.
2012-03-22 10:04:54
China boosted rural credit by cutting reserve ratios for more branches of Agricultural Bank of China Ltd., the nation’s third-biggest lender by market value.
2012-03-22 10:04:09
South Korea is pushing to include the Gaeseong industrial zone in North Korea in its free-trade deals with the U.S. and Europe, a step that would deepen cross- border ties after the North’s leadership transition.
2012-03-22 10:03:23
Japan reported an unexpected trade surplus for February and higher-than-forecast exports, adding to evidence of a rebound in the world’s third-biggest economy.
2012-03-19 10:12:19
Italy’s Prime Minister Mario Monti will press ahead with efforts to revise labor laws this week, amid fresh warnings that the three-year-old European debt crisis is far from over.
2012-03-19 10:11:14
Home purchases in the U.S. probably climbed in February to the highest level in almost two years, another sign of stabilization in the real-estate market, economists said reports this week will show.
2012-03-19 10:10:18
Japan’s shrinking economy is poised to get a lift from the children of baby boomers taking out their first mortgages with rates close to a three-year low.
2012-03-19 08:54:01
Kim Tae Hee fled North Korea at age 16 and made her way to Seoul via China. Two years after arriving she is unemployed and dependent on government welfare to pay her food and electricity bills.
2012-03-16 13:27:46
China, the largest foreign U.S. creditor, increased its holdings of U.S. government securities in January for the first time in six months as European leaders struggled to contain the region’s sovereign-debt crisis.
2012-03-16 13:27:00
China’s statistics bureau said local officials forced some hotels, coal miners and aluminum makers to report false numbers, highlighting flaws in data tracking the world’s second-largest economy.
2012-03-16 13:25:28
The cost of living in the U.S. probably rose in February as gasoline prices climbed, economists said before a report today.
2012-03-16 13:24:33
Some Bank of Japan board members are concerned that increased bond purchases by the central bank may be viewed as financing government deficit spending, minutes of last month’s meeting show.
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