Economy
Japan Machinery Orders Unexpectedly Slump to Record Low on Domestic Slump Japanese machinery orders
unexpectedly fell to a record low in November as tumbling
domestic demand overwhelmed an export revival.
China Property Prices Climb Most in 18 Months as Asset Bubble Risks Grow China’s property prices rose at the
fastest pace in 18 months in December, increasing the likelihood
of more government measures to limit speculation.
Australian Jobs Soar for Fourth Month, Currency Jumps on Outlook for Rates Australian employment soared for a
fourth straight month as companies added three times more jobs
than economists estimated, driving the nation’s currency higher
as traders bet the central bank will keep raising interest rates.
Economy Improved in 10 of 12 Fed Districts, Signaling Recovery Broadening The U.S. economy improved in 10 of
the Federal Reserve’s 12 districts last month, marking a
broadening of the recovery, the central bank said today.
Global Economic Confidence Index Rises on Signs of Sustained 2010 Recovery Confidence in the world economy rose
as an acceleration in manufacturing and service industries
signaled a sustained recovery from last year’s recession,
according to a Bloomberg survey of users on six continents.
Senate Aims for Bernanke Confirmation Vote Before Fed Term Ends in January U.S. Senate leaders aim to hold a
confirmation vote on Federal Reserve Chairman Ben S. Bernanke
before his term ends Jan. 31, averting the need for him to step
down temporarily.
New Zealand's Home-Building Approvals Rise For Fifth Month Amid Low Rates New Zealand’s home-building
approvals rose for a fifth month in November, signaling that
lower interest rates are kick-starting demand for property.
U.S. Economic Growth May Accelerate to 6%, Deutsche Bank's LaVorgna Says The U.S. economy may grow as much as
6 percent this year, helped by sales of consumer durables and
increases in inventories, according to Deutsche Bank AG’s chief
U.S. economist.
Bankers `Let Down' as Income Tax Increase Makes London Most Expensive City The U.K. government’s decision to
raise the top rate of income tax will leave residents earning
more than 1 million pounds ($1.6 million) a year worse off than
they would be in any of the world’s other major financial
centers.
South Korea Will Focus on Employment Creation to Avoid Jobless Recovery South Korean Finance Minister Yoon
Jeung Hyun said government policies will focus on creating
employment as the nation seeks to avoid a jobless recovery.
Economy Improved in 10 of 12 Fed Districts, Signaling Recovery Broadening The U.S. economy improved in 10 of
the Federal Reserve’s 12 districts last month, marking a
broadening of the recovery, the central bank said today.
Senate Aims for Bernanke Confirmation Vote Before Fed Term Ends in January U.S. Senate leaders aim to hold a
confirmation vote on Federal Reserve Chairman Ben S. Bernanke
before his term ends Jan. 31, averting the need for him to step
down temporarily.
Geithner's E-Mails, Phone Logs Subpoenaed by House in AIG Bailout Inquiry The Federal Reserve Bank of New York
was ordered by a House committee to provide Timothy Geithner’s
e-mails, phone logs and meeting notes tied to the bailout of
American International Group Inc.
SYMBOL LOOKUP
HOME
