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A look at economic developments around the globe (AP) »
REYKJAVIK, Iceland — Iceland’s president blocked a bill to pay
and the Netherlands $5.7 billion for losses from the collapse of one of its banks, potentially undermining the nation’s attempts to repair international relations.
Olafur Ragnar Grimsson vetoed the legislation, which was passed last month by the country’s parliament, after receiving a petition signed by [...]
A look at economic developments around the globe (AP) »
shot higher on the first trading day of 2010 after encouraging manufacturing data around the globe reinforced hopes that an economic recovery is gathering pace. In
, a survey in the 16 countries that use the euro rose to a 21-month high and a manufacturing index for
rose to a 25-month high.
of leading British [...]
A look at economic developments around the globe (AP) »
LONDON — World stocks mostly edged higher as traders headed into the long New Year holiday weekend in a fairly upbeat mood following a nine-month bull run that has seen many markets advance over 50 percent since March. In
, the
of leading British shares closed up 15.02 points, or 0.3 percent, at 5,412.88. That [...]
A look at economic developments around the globe (AP) »
fluctuated. In Europe, the FTSE-100 index of leading British shares held its last full session of the year, slipped 0.73 percent to 5,397.86. In
, the
retreated from its 2009 high reached Tuesday, falling 0.62 percent to 3,935.50 while in Germany, the DAX slid 0.9 percent to 5,957.43. European markets mostly shrugged off reports of [...]
A look at economic developments around the globe (AP) »
moved higher amid expectations China will maintain loose monetary policy.
said it would maintain a “relatively relaxed monetary policy” next year. That followed a three-week slide in
.
jumped 2.6 percent,
climbed 0.9 percent, Seoul’s Kospi added 1.3 percent and Taiwan’s Taiex closed up 0.8 percent.
stock average rose to a fresh three-month high as [...]
A look at economic developments around the globe (AP) »
blew out by an additional 20.3 billion pounds ($33 billion) in November, the largest monthly figure since records began in 1993.
The figure was not as bad as the 23 billion pounds feared by economists.
The Office for National Statistics said the shortfall was up from 15.5 billion pounds in the same month a year [...]
Economic growth in Australia slowed in 3Q »
Wed, Dec 16 2009, 04:36 GMT
by ecPulse.com analysis team
The Australian economy expanded in the third quarter of this year less than expected as exports, one of the main pillars for economic growth, declined and the effect of the government’s stimulus package started to wane. After the release of today’s report, the [...]
A look at economic developments around the globe (AP) »
nudged its 2010 forecast for global oil demand slightly higher, a week before a scheduled meeting, but cautioned that the pace of the global recovery may affect consumer appetite for its chief export.
The 12-nation Organization of the Petroleum Exporting Countries said in its December Monthly Oil Market Report that world oil demand was expected [...]
Japan unveils $81 billion economic stimulus »
TOKYO (Reuters) – Japan’s government agreed on a $81 billion stimulus package on Tuesday, aimed at preventing the economy from tipping back into recession as deflation persists and a strong yen threatens exports.
Economists said the 7.2 trillion yen plan, equal to about 1.5 percent of gross domestic product, would not provide a significant lift [...]