Economics

Draghi May Copy Bernanke Over Trichet on Path to Record-Low Interest Rates

2012-01-10 09:37:09

European Central Bank President Mario Draghi may act more like Ben S. Bernanke than Jean-Claude Trichet in 2012.

Fed Primary-Dealer Survey Predicts Rate Increase in Second Quarter of 2014

2012-01-05 10:03:02

The Federal Reserve Bank of New York’s survey of primary dealers conducted before policy makers’ Dec. 13 meeting showed the firms expected the Fed to raise its benchmark interest rate during the second quarter of 2014.

World’s Biggest Economies Face $7.6 Trillion Bond Tab as Rally Seen Fading

2012-01-04 10:20:48

Governments of the world’s leading economies have more than $7.6 trillion of debt maturing this year, with most facing a rise in borrowing costs.

Construction Spending in U.S. Beats Forecast

2012-01-04 10:20:06

Construction spending in the U.S. rose in November for a third time in four months, indicating the industry helped boost growth at the end of 2011.

Manufacturing Expands by Most in Six Months

2012-01-04 10:19:18

U.S. factories expanded in December at the fastest pace in six months, adding to evidence manufacturing is improving from India to the U.K. entering 2012.

Fed to Make Benchmark Rate Forecasts Public

2012-01-04 10:18:35

Federal Reserve officials will start announcing their own forecasts for the central bank’s key interest rate in the latest step in Chairman Ben S. Bernanke’s drive for greater transparency.

India, China Manufacturing Shows Resilience

2012-01-03 10:25:40

Manufacturing in India and China improved in December, a sign the world’s fastest-growing major economies are withstanding Europe’s debt crisis.

Germany Says Greek Debt Talks Near End After Report of Bigger Writedowns

2012-01-03 10:24:55

Germany’s government declined to comment on a report that it may push for creditors to accept bigger losses on Greek debt than previously agreed upon, saying only that talks on lowering Greece’s debt level may end soon.

Singapore Economy Shrinks as Manufacturing Eases

2012-01-03 10:23:55

Singapore’s economy shrank for the second time in three quarters as manufacturing eased, increasing pressure on policy makers to spur growth as they forecast slower expansion this year.

Global Growth Slows to 3.9% as O’Neill Sees BRICs Diminished by Population

2012-01-03 10:23:01

A year ago, Catherine Liu employed more than 2,000 people at her five Shanghai luggage-making factories. Now, as the dwindling supply of low-paid young workers forces wages and costs higher, she has 1,200 left.

Slowing Chinese Growth Means Ore-Vessel Rates at Lowest in Decade: Freight

2011-12-30 10:29:14

The weakest growth in demand in at least a decade for shipments of iron ore, the second-biggest commodity cargo after crude oil, means rates for the largest vessels will plunge to the lowest level since 2002.

Singapore GDP Probably Fell in Fourth Quarter

2011-12-30 10:27:30

Singapore’s economy probably contracted in the fourth quarter as manufacturing slumped, increasing pressure on the island’s policy makers to stimulate growth even as inflation accelerates.

Thai Central Bank May Be Saddled With Debt

2011-12-30 10:26:36

Thailand’s government will today press the central bank chief to take on $35 billion of legacy debt from bank bailouts as Prime Minister Yingluck Shinawatra looks for fiscal scope to finance flood defenses.

U.S. Business Activity, Housing Beat Forecasts

2011-12-30 10:25:46

Companies cranked out more goods in December and pending sales of existing homes jumped in November for a second month, pointing to a pickup in U.S. economic growth as 2011 comes to a close.

Women Beat Men to Jobs in Japan’s ‘Mancession’

2011-12-27 11:17:52

Women Beat Men to Jobs in Japan’s ‘Mancession’

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