Economics
2012-02-06 10:20:40
Australian retail sales unexpectedly declined in December, the first drop in six months, as consumers spent less at grocers and on dining out in an economy where employment growth stalled last year.
2012-02-03 10:02:32
Reserve Bank of India Deputy Governor Subir Gokarn said the monetary authority will cut borrowing costs once it’s confident inflation will keep slowing.
2012-02-03 10:01:41
Indonesia’s growth probably exceeded 6 percent for a fifth quarter as domestic demand helped Southeast Asia’s largest economy withstand the European debt turmoil that has hurt exports across Asia.
2012-02-03 10:00:27
Federal Reserve Chairman Ben S. Bernanke said the central bank will seek to keep prices rising at a 2 percent rate and rejected suggestions that it would sacrifice its inflation goal to boost employment.
2012-02-03 09:59:26
Claims for U.S. jobless benefits fell last week and productivity cooled in the fourth quarter, signaling hiring may accelerate as companies reach the limits of how much efficiency they can wring from existing workforces.
2012-02-02 16:42:18
Letting investors buy short-term bills with negative yields at auction would make the market more efficient, according to CRT Capital Group LLC.
2012-02-02 16:41:13
The European Central Bank is likely to refuse to show its hand on how it will help cut Greece’s debt burden until investors and the government have agreed to a deal, said economists from ING Group to Deutsche Bank.
2012-02-02 16:40:06
China’s economy is headed for a “hard landing” this year as weaker demand overseas chokes off exports, said Gary Shilling, who correctly forecast the U.S. recession that began in December 2007
2012-02-02 16:38:30
Japan’s Finance Minister Jun Azumi escalated his warnings against strengthening in the yen toward a postwar high, and signaled that the Federal Reserve is partly to blame for its recent advance.
2012-01-30 10:59:46
China (CNGDPYOY) signaled caution toward more monetary loosening by holding off on a reduction in bank reserve requirements that some economists had predicted would come before a week-long holiday ending Jan. 28.
2012-01-30 10:59:13
European leaders were told by policy makers, bankers and academics from around the world that it’s time to end the region’s debt crisis and measures aimed at simply containing it are no longer enough.
2012-01-27 12:12:09
Orders for U.S. durable goods climbed more than forecast in December, pointing to a rebound in business investment that will help support the world’s largest economy in early 2012.
2012-01-27 12:11:11
Japan’s retail sales grew at the fastest pace in more than a year as consumer spending propped up an economy reeling from a deepening export slump.
2012-01-27 12:10:28
Japanese Prime Minister Yoshihiko Noda says doubling the consumption tax is a necessary remedy to address soaring debt and social welfare costs. His opponents don’t disagree; they’re just not going to let him do it.
2012-01-27 12:09:45
U.S. monetary stimulus, blamed in 2010 for spurring speculative capital flows to emerging markets, may find less opposition this time round in Asia as the region’s focus shifts to supporting economic growth.
| TIME | |||||
|---|---|---|---|---|---|
| Sydney | Tokyo | Ha Noi | HongKong | LonDon | NewYork |
| Prices By NTGOLD | ||
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| 100g ABC Bullion Bar | ||
| 12,074.30 | 11,144.30 | |
| 1kg ABC Bullion Silver | ||
| 1,524.90 | 1,174.90 | |
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