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Economic News
Last update: 116 days, 12 hours ago
 
Japan says China quake to cause economic damage
12 May 08, 23:51 ET
A Japanese minister on Tuesday expected an economic blow from China's major earthquake, which shut operations of Toyota Motor Corp. and other Japanese companies.
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Finance minister assures analysts of economic growth
12 May 08, 23:46 ET
BANGKOK, May 13 (TNA) – Finance and Deputy Prime Minister Surapong Suebwonglee on Monday assured securities analysts of the government's ability to rein in ...
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Economic Growth in Kapolei
12 May 08, 23:25 ET
By Brianne Randle You may not see it now...but this will soon turn into this. A one-hundred-thousand square foot community center. ...
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Seemingly Good Numbers Can Mask Economic Weakness: ; ANALYSIS
12 May 08, 23:12 ET
By Jeannine Aversa WASHINGTON - The unemployment rate drops. Productivity grows. The trade deficit shrinks. Sounds great, right? Not so fast. ...
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D&B Survey: Australia Economic Conditions To Worsen
12 May 08, 22:56 ET
(RTTNews) - Economic conditions in Australia are expected to deteriorate, according to the latest analysis from Dun and Bradstreet.
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Dollar higher ahead of key economic data
12 May 08, 22:53 ET
london • The dollar advanced against other major currencies yesteday as the market awaited a raft of economic data this week for fresh leads clues on the ...
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Shoals golf tournament highlights economic success
12 May 08, 22:52 ET
The Shoals is being honored for economic success. This week a golf championship is bringing more new people to the area.
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Government to consider reduction of administrative barriers for ...
12 May 08, 22:47 ET
ASTANA. May 13. KAZINFORM /Kalamkas Abuova/ A regular session of the Kazakh Government is to be held today in Ukimet Uyi (House of Government) in Astana. ...
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FEATURE-Soccer-Austria expects economic boost from Euro 2008
12 May 08, 21:52 ET
VIENNA, May 13 (Reuters) - When the roar of the crowds has faded and the bunting has been taken down, Austria expects to count a substantial economic ...
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Haggling Can Pay Off During Tough Economic Times
12 May 08, 21:30 ET
BOSTON (CBS) ― Everybody likes to save money, especially during tougher economic times, and sometimes all consumers have to do is ask. ...
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Austria expects economic boost from Euro 2008
12 May 08, 21:10 ET
When the roar of the crowds has faded and the bunting has been taken down, Austria expects to count a substantial economic benefit from next month's Euro 2008 soccer championship.
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Moderate, Slower Economic Growth Predicted in Current State Forecast
12 May 08, 21:08 ET
By David Young, 5/12/2008 3:03:45 PM HONOLULU, HAWAII — In its latest quarterly economic report, the Department of Business, Economic Development & Tourism ...
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Iran-Bulgaria 16th economic confab kicks off
12 May 08, 21:06 ET
TEHRAN – The 16th joint economic conference of Iran and Bulgaria attended by Iran's minister of roads and transportation, Mohammad Rahmati, ...
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Obi inaugurates Economic Advisory C'ttee
12 May 08, 21:00 ET
AWKA — GOVERNOR Peter Obi of Anambra State has inaugurated the state’s Economic Advisory Committee which he said, is part of his administration’s efforts to ...
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Economic problem: 'The rise of the rest'
12 May 08, 20:59 ET
Commentator Fareed Zakaria says the growth of developing economies is a major factor in our current economic crisis. We know how to handle a recession, ...
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Govt asked to declare 2008-09 ‘Year of economic renaissance’ - The News
12 May 08, 20:53 ET
Saarc Chamber of Commerce and Industry (SCCI) President Tariq Sayeed Monday urged upon all the stakeholders to play their due role to bring country out of ...
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Local leaders want upstate economic czar
12 May 08, 20:38 ET
By Joseph Spector and John Hill • Press & Sun-Bulletin • May 12, 2008 Southern Tier leaders are among those calling on Gov. David Patterson to retain an ...
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Economic chief named
12 May 08, 20:36 ET
AP - May 12, 2008 8:05 PM ET CARSON CITY, Nev. (AP) - Mike Skaggs, who has made a career of expanding business activity in southwest states, ...
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EU, US to hold high-level talks on transatlantic economic ties
12 May 08, 19:58 ET
BRUSSELS, May 12 (Xinhua) -- The European Union (EU) and the United States will hold high-level talks Tuesday to enhance transatlantic economic ties, ...
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MoneyLine’s Neil Downing: Economic-stimulus act brings federal tax ...
12 May 08, 19:42 ET
If you own a business, large or small, enjoy two new business-related tax breaks at the federal level, but don’t expect to take advantage of them at the ...
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Free Economic Zone Riddled With Regulations
12 May 08, 19:37 ET
In comparison with other competitive neighbors, Korea’s Free Economic Zones and business cities lack incentives and still are riddled with too many ...
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KDI Projects 4.8% Economic Growth for 2008
12 May 08, 19:37 ET
The Korea Development Institute on Monday said the economy would grow 4.8 percent this year, scaling down its forecast from last October of 5 percent growth ...
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Russia's economic ministers survive reshuffle
12 May 08, 19:32 ET
The Russian government's economic team remained unchanged following the appointment of a new cabinet on Monday. Aleksey Kudrin continues as Minster of ...
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Mounting signs of economic slowdown
12 May 08, 19:07 ET
Poor economic figures on Monday revealed inflationary pressures are rising to levels not seen in nearly 20 years and new data due on Tuesday are expected to show important parts of the economy are stagnating.
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Crucial economic challenges ahead
12 May 08, 19:04 ET
SPEAKERS at a pre-budget seminar organized by the Institute of Cost and Management Accounts of Pakistan (ICMAP) in Karachi have underlined that restoration ...
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Northrop Grumman and the Virginia Information Technologies Agency ...
12 May 08, 19:02 ET
LEBANON, Va., May 12, 2008 (PRIME NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) and the Virginia Information Technologies Agency (VITA) will host on ...
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Official: Economic census to lay ground for macro plans
12 May 08, 19:02 ET
BEIJING, May 12 (Xinhua) -- Vice Premier Li Keqiang said on Monday the second national economic census was essential to promote the strategic and structural ...
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The Economic Costs of the Lieberman-Warner Climate Change Legislation
12 May 08, 18:55 ET
Members of Congress are considering several bills designed to combat climate change. Chief among them is Senate bill 2191--America's Climate Security Act of ...
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Report paints dismal economic picture for blacks and latinos
12 May 08, 18:54 ET
(NNPA) Rapidly increasing amounts of debt, high job losses, skyrocketing gas and food prices, and a tidal wave of foreclosures are driving many American ...
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As cuts loom, Bredesen sets aside $100M for economic development
12 May 08, 18:51 ET
By John Rodgers As TennCare and state employees are preparing to feel the axe from $468 million in budget cuts, Gov. Phil Bredesen isn’t shying away from ...
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KHQA FactFinder: Your economic stimulus payment delayed?
12 May 08, 18:36 ET
By Carol Sowers KHQA Executive News Director Carol Sowers received a viewer e-mail saying that several people the viewer had spoken with on Friday May 9 ...
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Liberia charges Gyude Bryant and two others with economic crimes
12 May 08, 18:10 ET
Montserrado county Senator Edwin Snowe, Bomi county representative Richard Divine and two former officials who also served under Snowe, when he was managing ...
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Barack's "Economic Summit" in Cape Girardeau, With 100 People?
12 May 08, 18:07 ET
RUSH: All right. Now, this is a little out of whack here, folks. Another story on Obama's trip to Missouri and Limbaugh country. ...
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Bredesen: Add $100M economic boost, cut $80M from TennCare
12 May 08, 17:56 ET
By Tom Humphrey (Contact) NASHVILLE - Gov. Phil Bredesen proposed Monday a revised state budget that puts $100 million into a new economic development ...
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In tough economic times, what's a luxury?
12 May 08, 17:53 ET
AP MORGANTOWN, W.Va. - At The Wine Rack, where sales from the $10-and-under shelves are booming, Jocelyn Vorbach says aloud what most of her customers ...
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Treasurys dip as investors buy up stocks; market awaits economic data
12 May 08, 17:48 ET
NEW YORK (AP) - Treasury prices slipped modestly Monday as the stock market rallied and fixed-income looked ahead to a number of key economic reports to be ...
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7.5% economic growth in Q1 and 0.14% budget surplus in four months
12 May 08, 17:31 ET
The estimated Gross Domestic Product (GDP) rose by 7.5 percent in the first three months of the year, which is the biggest first-quarter leap the economy ...
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Bernanke And Retail Sales Highlight Tuesday's Events - Economic ...
12 May 08, 17:19 ET
(RTTNews) - Wall Street got a boost Monday, as the Dow closed up over 130 points. Tuesday, data on Retail sales will take center stage, along with comments ...
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Economic department reshuffling begins, McCabe assumes reins
12 May 08, 17:17 ET
Kulongoski has separated the Oregon Economic and Community Development Department's community and business development sides, which will theoretically allow ...
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Churches, synagogues feel economic pinch
12 May 08, 16:44 ET
BY FRED TASKER With the economy down and needs up for the homeless, the hungry and the elderly, donations to South Florida churches and other religious ...
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Bonds down as stocks rise; investors await economic data
12 May 08, 16:43 ET
Treasury prices slipped modestly Monday as the stock market rallied and fixed-income looked ahead to a number of key economic reports to be released in the coming days.
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Why We Need Major Green Economic Incentives
12 May 08, 16:42 ET
By Kerry Mitchell Wake up America! Those who are paid to project the outcome of markets in this country should be fired, and right now! ...
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Ex-Liberian leader, 2 legislators charged with economic sabotage
12 May 08, 16:38 ET
Monrovia, Liberia - The Liberian government has indicted former head of s tate, Gyude Bryant, along with two legislators and two former officials of the L i ...
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Dollar falters vs euro, pound but up on yen as markets await economic data, Bernanke comments
12 May 08, 16:34 ET
NEW YORK (AP) - The dollar weakened further against the euro Monday as markets waited for statements from Federal Reserve Chairman Ben Bernanke and economic data expected Tuesday.
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Economic Woes Even Hit Soap Box Derby
12 May 08, 15:46 ET
MANSFIELD, Ohio — A slumping economy has prompted a central Ohio groups to send out a call for used or borrowed soap box derby cars. ...
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Food Price Report Tops New Zealand-Australia Economic Calendar
12 May 08, 15:41 ET
(RTTNews) - New Zealand traders get a look at trends in the nation's food prices Tuesday. The report on April food prices from Statistics New Zealand, the only economic data release on the day's agenda, will indicate whether the recent trend of fast-rising food prices continued last month.
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IMF Forecasts Bright Economic Outlook for Middle East and Central Asia for 2008
12 May 08, 15:27 ET
(RTTNews) - The outlook for the Middle East and Central Asia continues to look favorable in 2008 notwithstanding the economic downturn in the rest of the world.
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IMF Forecasts Bright Economic Outlook for Middle East and Central ...
12 May 08, 15:25 ET
(RTTNews) - The outlook for the Middle East and Central Asia continues to look favorable in 2008 notwithstanding the economic downturn in the rest of the ...
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Bloomington Hires New Economic Development VP
12 May 08, 15:13 ET
The Bloomington Economic Development Corp. (BEDC) has a new vice president for business development. Jeremy Sowders joins the BEDC after serving as a ...
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Economic Stimulus Rebates and Smart Ways to Save
12 May 08, 14:56 ET
Jason Tyler, senior vice president and a member of the Investment Committee at Ariel Mutual Funds, has some warnings about scams and money saving tips. ...
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Financial guru Suze Orman gives tips for weathering economic storm
12 May 08, 14:44 ET
MIAMI - The housing crisis, employment insecurity, the weak dollar and the rising prices of gas and food comprise the perfect financial storm. ...
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ECONOMIC FORUM / Promises are made to be kept / Modern-day ...
12 May 08, 14:41 ET
While a third-year primary school student, I read a book that contained an anecdote about Sorori Shinzaemon, a scabbard maker who served the 16th-century ...
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Chile Central Bank Cuts 2008 Economic Growth Forecast (Update2)
12 May 08, 14:38 ET
By Sebastian Boyd May 12 (Bloomberg) -- Chile's central bank cut its forecast for economic growth this year, citing increased energy prices and the effects ...
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High oil prices could slow down economic growth, says Rangarajan
12 May 08, 14:27 ET
New Delhi, May 12 Rising global crude oil prices could slow down the country’s economic growth in 2008-09 to between 8-8.5 per cent, the Chairman of the ...
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Iran, Tajikistan to expand cultural, economic cooperation
12 May 08, 14:21 ET
Iranian ambassador to Tajikistan said economic, cultural, industrial and scientific cooperation between Iran and Tajikistan will expand more. ...
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Economic Report: Federal spending rising twice as fast as taxes
12 May 08, 14:20 ET
WASHINGTON (MarketWatch) - Federal spending is rising more than twice as fast as receipts so far this fiscal year, reflecting the economic slump and the rising costs of the military and other government programs, the Treasury Department reported Monday.
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ECONOMIC REPORT Federal spending rising twice as fast as taxes
12 May 08, 14:12 ET
By Rex Nutting, MarketWatch WASHINGTON (MarketWatch) - Federal spending is rising more than twice as fast as receipts so far this fiscal year, ...
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What Will You Do With Your Economic Stimulus Check?
12 May 08, 13:55 ET
By Joe Wambach Many Hoosiers still haven't received their government stimulus checks but they've already decided how they plan to use them. ...
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Thousands Expected at 8th Leon H. Sullivan Summit to Explore ...
12 May 08, 13:44 ET
African Heads of State, US Delegates to Convene in Arusha, Tanzania June 2 - 6 WASHINGTON, May 12 /PRNewswire-USNewswire/ -- In less than 30 days, ...
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Africa’s Economic Growth Set to Strengthen in the Coming Years
12 May 08, 13:39 ET
Africa’s economic growth in 2007 was well above the long-term growth, trend for the fifth consecutive year and is expected to improve further in 2008 and ...
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Australian companies bracing for US economic impact
12 May 08, 13:23 ET
AUSTRALIA -- As reported by the Brisbane Times: "James Packer's publicly listed gambling company, Crown, and the poker machine maker Aristocrat are bracing ...
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Lakeland to support Fund for Our Economic Future
12 May 08, 13:19 ET
The Fund for Our Economic Future has added Lakeland Community College to its roster of organizations that support financially its collaborative effort to ...
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BONO MACK: PROTECTING IP RIGHTS HELPS AMERICA ’S ECONOMIC PROSPERITY
12 May 08, 13:17 ET
Founding co-chair of the Congressional Caucus on Intellectual Property Promotion and Piracy Prevention, Congresswoman Mary Bono Mack (CA-45) today praised ...
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Explaining the Lack of Economic Diversity on Campus
12 May 08, 13:16 ET
Over the past few years, a number of elite colleges and universities have launched campaigns aimed at providing more financial aid to financially-strapped ...
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Economic Growth in Scotland Shrinks for First Time Since 2003
12 May 08, 13:09 ET
By MARK SMITH DEPUTY BUSINESS EDITOR ECONOMIC growth in Scotland has shrunk for the first time in five years amid a sharp slowdown spurred by the global ...
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Resorts brace for summer's economic hit By Kristen Wyatt
12 May 08, 13:01 ET
By Kristen Wyatt Ulysses Green and wife Lynn, both of Pennsylvania, enjoy their vacation in Ocean City last week. Mrs. Green said there was "no way" she was ...
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USF panel to discuss economic diversification
12 May 08, 12:57 ET
MANATEE - With the bursting of the real estate bubble, experts will be discussing how fast the local economy can be diversified 4 - 5:30 pm Tuesday. ...
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Economic census vital for Plan
12 May 08, 12:53 ET
VICE Premier Li Keqiang said yesterday the second national economic census was essential to promote the strategic and structural adjustment of the economy, ...
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Schumer urges West Side building despite economic slowdown
12 May 08, 12:51 ET
AP Schumer, DN.Y., told Crain's New York Business Forum that the current economic slowdown should not get in the way of big development plans for the area. ...
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Bonds up as investors await weeks economic data
12 May 08, 12:47 ET
By (AP) Treasury prices rose Monday as fixed-income investors secured positions before a number of key economic reports to be released in the coming days. ...
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JEDI selected for an economic development course for third year
12 May 08, 12:38 ET
For the third straight year, the region’s Joint Economic Development Initiative (JEDI) will be lending a hand in shaping a future generation of economic ...
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McCain's economic plan: What about war & Medicare?
12 May 08, 12:37 ET
This is making the rounds today, via Tyler Cowen, It's a statement of support for John McCain's economic plan by a couple dozen economists known for ...
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Manchin to tout state's economic progress at Chicago luncheon - Daily Mail
12 May 08, 12:36 ET
by George Hohmann Gov. Joe Manchin will visit Chicago later this month to pitch the state's economic progress and growth. Manchin is scheduled to be the ...
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Economic census to lay ground for macro plans
12 May 08, 12:26 ET
BEIJING -- Vice Premier Li Keqiang said on Monday the second national economic census was essential to promote the strategic and structural adjustment of ...
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Forex & Economic Commentary by Lloyds TSB
12 May 08, 12:23 ET
The focus will be on inflation this week, with the latest monthly data due in the UK, US and euro zone. The continuing rise in crude oil prices and higher ...
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Chile Central Bank Cuts 2008 Economic Growth Forecast (Update1)
12 May 08, 12:22 ET
By Sebastian Boyd May 12 (Bloomberg) -- Chile's central bank cut its forecast for economic growth this year, citing increased energy prices and the effects ...
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Stocks jump as economic optimism lifts tech
12 May 08, 12:22 ET
NEW YORK (Reuters) - Stocks rose on Monday, pushing the Nasdaq up more than 1 percent, as investors snapped up big-cap technology shares on hopes that the ...
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US STOCKS-Market jumps as economic optimism lifts tech
12 May 08, 12:20 ET
NEW YORK, May 12 (Reuters) - US stocks rose on Monday, pushing the Nasdaq up more than 1 percent, as investors snapped up big-cap technology shares on hopes ...
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Bonds up as investors await week's economic data
12 May 08, 12:07 ET
Treasury prices rose Monday as fixed-income investors secured positions before a number of key economic reports to be released in the coming days.
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Snow Sports Retail Sales Buck National Economic Trends...
12 May 08, 11:45 ET
by Greg by deadheadskier by Sparky by gmcunni by ALLSKIING by severine by Greg by Trekchick by thetrailboss by WoodCore By AlpineZone News MCLEAN, ...
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Bleak Economic Outlook Remains Positive for Treasury Bonds
12 May 08, 11:41 ET
The Treasury market improved once the 10 year auction was out of the way on Wednesday of last week. There were a couple of news items that I considered to ...
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BCC calls for fast action to avert severe economic slowdown
12 May 08, 11:32 ET
The British Chamber of Commerce has warned the Bank of England that the country could face a massive economic downturn if interest rates are not cut quickly ...
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Stocks sag on economic uncertainty
12 May 08, 11:30 ET
A man passes an electronic board displaying the closing price of Japan's Nikkei share average in Tokyo April 25, 2008. (REUTERS/Yuriko Nakao) SINGAPORE ...
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Economic Woes Are Easing the Nursing Shortage
12 May 08, 11:25 ET
In the every-cloud-has-a-silver-lining department, it seems that the current economic downturn is actually helping to ease America's nursing shortage. ...
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Small, Local Businesses Taking Economic Downturn in Stride,
12 May 08, 11:25 ET
The economic downturn is a reality, but the specific ways that it affects businesses run the gamut based on the size and type of business. During these times, small, local businesses often feel the pinch more quickly and sharply, causing some to take evasive maneuvers to keep afloat. Based on the , those who stick with proven advertising programs—-rather than cutting them out of their ...
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Economic Opportunity Replaces Conflict in Iraq
12 May 08, 11:12 ET
BALAD, IRAQ, May 12 /Standard Newswire/ -- The US Agency for International Development's (USAID) Agribusiness Program, 'Inma,' is leading the way to ...
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BAHRAIN TO HOST UN ECONOMIC AND SOCIAL COUNCIL MEETING
12 May 08, 11:09 ET
MANAMA, MAY. 12 (BNA) -- BAHRAIN HOSTS ON JUNE 1 AND 2 THE REGIONAL MEETING OF THE UN ECONOMIC AND SOCIAL COUNCIL UNDER THE THEME SUSTAINABLE URBANIZATION. ...
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UK economic data raises doubt over June rate cut
12 May 08, 11:06 ET
LONDON - British economic data published Monday has heightened inflation worries, reducing the prospect of a fresh interest-rate cut by the Bank of England ...
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Stobart sees no signs of UK economic slowdown
12 May 08, 10:46 ET
By Alistair Osborne, Business Editor Stobart, the road haulier whose trucks have spawned a spotters' fan club, said it was seeing no signs of an economic ...
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BOJ's Shirakawa Sees Uncertainty Surrounding Economic Outlook
12 May 08, 10:36 ET
(CEP News) - The Japanese economic outlook is uncertain, said Bank of Japan Governor Maasaki Shirakawa at a luncheon of the Japanese Press Club on Monday ...
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Canada well-placed to withstand economic headwinds: Flaherty
12 May 08, 10:32 ET
Canada is in a strong position to weather the financial challenges of an ailing US economy, Finance Minister Jim Flaherty said Monday. ...
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Debt Reduction Key to Economic Health, Says Canadian Finance ...
12 May 08, 10:26 ET
(CEP News) Toronto - Canadian Finance Minister Jim Flaherty says the federal government will continue to focus on debt reduction rather than massive new ...
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Hazel Vernon’s legacy of economic, cultural loyalty
12 May 08, 10:24 ET
BY MICHAEL H. PRICE The death of Hazel Perkins Burnett Vernon leaves an immeasurable gap in the real estate and arts-and-commerce industries of Fort Worth. ...
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Manchin to tout state's economic progress at Chicago luncheon
12 May 08, 10:08 ET
Gov. Joe Manchin will visit Chicago later this month to pitch the state's economic progress and growth. Manchin is scheduled to be the luncheon keynote speaker at Chicago's Mid-America Club on May 28.
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Japan's Economic Confidence Continues to Sag in April
12 May 08, 10:07 ET
(CEP News) - According to a survey by the Economic and Social Research Institute, the Japanese current economic conditions index declined in April to 35.5 ...
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Economic outlooks are far from bright and shiny
12 May 08, 10:04 ET
By Tom Stundza -- Purchasing, 5/12/2008 7:36:00 AM Even with a temporary boost from the economic stimulus package, the growth outlook for the second half of ...
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Sierra Leone: Country Socio-Economic Situation 'Hopeful,'Security Council Told
12 May 08, 09:58 ET
Sierra Leone's prospects of moving forward and boosting its socio-economic situation is "hopeful," a senior United Nations peacekeeping official told the Security Council last week.
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In times of economic hardship, is the discounter still king?
12 May 08, 09:55 ET
The conventional wisdom is that in times of economic hardship, discounters reign - consumers react to tighter credit conditions and job insecurity by ...
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Economic Snapshot for May 2008
12 May 08, 09:53 ET
Large economic imbalances ignored by policymakers for years are now coming to a head and weakening the economic fortunes of America’s middle class. ...
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Bruce Bittles: Week's Economic News Expected to Show Economy in ...
12 May 08, 09:43 ET
(RTTNews) - Bruce Bittles from Baird remarked Monday that the equity markets, faced with a weakened technical condition and strong economic headwinds, ...
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Boycott might open economic discussion for NCAA athletes
12 May 08, 09:43 ET
By MARK NAGEL & RICHARD SOUTHALL The Boston Red Sox earlier this year completed a trip to Japan to play two regular-season games against the Oakland ...
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Bruce Bittles: Week's Economic News Expected to Show Economy in Slow Growth Mode
12 May 08, 09:42 ET
(RTTNews) - Bruce Bittles from Baird remarked Monday that the equity markets, faced with a weakened technical condition and strong economic headwinds, are expected to remain in a wide trading range of 1350 to 1440 on the S 500 in the second quarter.
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More scope for S’pore—North Korean economic cooperation
12 May 08, 09:39 ET
PYONGYANG: There is greater scope for further economic cooperation between Singapore and North Korea. Singapore Foreign Minister George Yeo said this on the third day of his visit to North Korea.
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Leading Companies Managing Economic
12 May 08, 09:13 ET
With the prices of many critical commodities beyond their control, companies around the world are taking aggressive steps to reduce costs where they can in ...
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More scope for S'pore-NKorean economic cooperation
12 May 08, 09:07 ET
PYONGYANG: There is greater scope for further economic cooperation between Singapore and North Korea. Singapore Foreign Minister George Yeo said this on the third day of his visit to North Korea.
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Iran-Bulgaria 16th economic confab kicks off
12 May 08, 09:06 ET
TEHRAN, May 12 (MNA) – The 16th joint economic conference of Iran and Bulgaria attended by Iran's minister of roads and transportation, Mohammad Rahmati, ...
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BCC concerned about economic outlook
12 May 08, 09:00 ET