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Economics


2012-01-26 12:19:02

New Zealand central bank Governor Alan Bollard signaled interest rates may stay at a record low for longer than he intended a month ago, citing inflation that’s “reassuringly” contained amid Europe’s debt crisis.
 

2012-01-26 12:18:06

Treasury Secretary Timothy F. Geithner, the last remaining member of the Obama administration’s original economic team, said he doesn’t expect the president to ask him to stay in office if re-elected.
 

2012-01-26 12:17:12

Chairman Ben S. Bernanke said the Federal Reserve is considering additional asset purchases to boost growth after extending its pledge to keep interest rates low through at least late 2014.
 

2012-01-26 12:16:18

South Korea’s economy grew the least in two years in the fourth quarter as exports sank because of Europe’s sovereign debt crisis and a faltering global expansion.
 

2012-01-24 11:45:16

A decline in unemployment and pickup in manufacturing point to accelerating U.S. growth. Some economists say the numbers may not be as good as they look.
 

2012-01-24 11:44:18

The biggest year for overseas buyouts by Japan’s companies since at least 2000 was financed without a single yen coming from a $130 billion program Prime Minister Yoshihiko Noda set up to spur such deals.
 

2012-01-24 11:42:43

Germany floated the idea of combining Europe’s two rescue funds, in a concession to bolster the fight against the fiscal crisis as Greece bargained with bondholders over debt relief.
 

2012-01-24 11:41:55

Japan will probably miss its goal of balancing the budget by fiscal 2020 even if it doubles the nation’s sales tax, government estimates show, underscoring the difficulty of containing the world’s largest public debt.
 

2012-01-23 18:26:14

Bondholders negotiating a debt swap with Greece have made their “maximum” offer, leaving it to the European Union and International Monetary Fund to decide whether to accept the deal, said Charles Dallara, who’s representing private creditors in the talks.
 

2012-01-23 18:25:17

Federal Reserve Chairman Ben S. Bernanke’s focus on full employment and price stability is being validated as the U.S. expansion gains speed and his counterparts in Europe emulate his approach.
 

2012-01-23 18:24:10

European officials will forge ahead today with crafting a long-term plan to tackle the region’s debt crisis, as banking and government negotiators continue trying to reach an agreement that will lighten Greece ({GDBR10)’s debt burden.
 

2012-01-23 18:22:54

European leaders heading to the home of Thomas Mann’s Magic Mountain sanatorium are surprising credit-ratings companies, and the economists who agree with them, as the consensus predicts another year of trauma for the euro area.
 

2012-01-20 10:14:01

A year ago, when Sydney property agent Peter Green’s clients decided to sell, half opted for auctions, betting competition among buyers would deliver them the best price. Today, less than one in five take that chance.
 

2012-01-20 10:10:30

Claims for jobless benefits last week dropped to the lowest level in almost four years, pointing to an improvement in the U.S. job market that may help bolster spending in the new year.
 

2012-01-20 10:08:28

Investors forecasting the euro and Swiss franc will weaken against the dollar may find comfort in shares of European luxury-goods companies.
 

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