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Bernanke: Weak housing has hurt consumer spending (AP)
February 10, 2012 by elegant · Leave a Comment
AP – Ben Bernanke says declines in home prices have forced many Americans to cut back sharply on spending and warns that the trend could continue to weigh on the economy for years.
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Bernanke: Weak housing has hurt consumer spending
(AP)
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China sets target of average 13 percent annual minimum wage rise (Reuters)
February 8, 2012 by publisher · Leave a Comment
Reuters – The annual average growth of China’s minimum wages should be at least 13 percent in the five years to 2015, according to a government job market plan for the period published on Wednesday.
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China sets target of average 13 percent annual minimum wage rise
(Reuters)
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Hasbro 4Q net income down 1 percent (AP)
February 6, 2012 by creative · Leave a Comment
AP – It was a blue Christmas for Hasbro. The No. 2 toy maker said Monday that its fourth-quarter profit slipped 1 percent, pinched by softer-than-expected demand in the U.S. and Canada and slow sales of games and puzzles during the key holiday season.
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Hasbro 4Q net income down 1 percent
(AP)
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US oil prices fall below $97 (AP)
February 6, 2012 by creative · Leave a Comment
AP – The price of U.S. oil is falling as supplies continue to rise.
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US oil prices fall below $97
(AP)
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China growth could halve if Europe crisis worsens: IMF (Reuters)
February 6, 2012 by publisher · Leave a Comment
Reuters – China’s annual economic growth could be cut nearly in half this year if Europe’s debt crisis tips the world economy into a recession, putting pressure on Beijing to unveil “significant” fiscal stimulus, the International Monetary Fund said.
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China growth could halve if Europe crisis worsens: IMF
(Reuters)
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Merger fails, but D.Boerse CEO says allies a must (Reuters)
February 5, 2012 by publisher · Leave a Comment
Reuters – D.Boerse CEO eyes new allies as NYSE deal crumbles Deutsche Boerse (DB1Gn.DE) does not believe it can survive in the long term without a new partner despite the collapse of its proposed $7.4 billion merger with NYSE Euronext , its chief executive told a German newspaper.
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Merger fails, but D.Boerse CEO says allies a must
(Reuters)
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Analysis: Middlemen take toll on China agricultural profits (Reuters)
February 2, 2012 by admin · Leave a Comment
Reuters – Want a slice of the billions of dollars China spends each year on farm subsidies? Become a middleman and open a toll road.
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Analysis: Middlemen take toll on China agricultural profits
(Reuters)
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China December inflation eases to 15-month low (Reuters)
January 12, 2012 by admin · Leave a Comment
Reuters – China’s annual inflation eased to 4.1 percent December, the lowest level in 15 months, giving the government more room to tilt economic policy away from restraining prices and towards supporting sagging growth.
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China December inflation eases to 15-month low
(Reuters)
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Dynegy bankruptcy examiner appointed (Reuters)
January 12, 2012 by admin · Leave a Comment
Reuters – A lawyer involved in several major recent bankruptcies has been named the examiner for the bankruptcy of Dynegy Holdings LLC and will investigate whether the company is treating bondholders fairly.
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Dynegy bankruptcy examiner appointed
(Reuters)
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Japan, China look to trade talks, debt buys (Reuters)
December 25, 2011 by admin · Leave a Comment
Reuters – Japan and China agreed to start formal talks early next year on a free trade pact that would also include South Korea, Japanese Prime Minister Yoshihiko Noda said on Sunday after talks that showed the deepening bonds between Asia’s two biggest economies.