Warren Buffett“A public opinion poll is no substitute for thought.”
Adlin Sinclair“Success is a welcomed gift for the uninhibited mind.”
General Growth net loss narrows in November »
NEW YORK (Reuters) – Bankrupt shopping mall owner General Growth Properties Inc, which is seeking to surface from bankruptcy protection next year, posted a narrower net loss in November from the month before, according to a monthly regulatory filing.
The owner and operator of regional shopping centers also said revenue and operating income improved sequentially. [...]
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 [...]
Inflation Growth Helps Pound to Gain »
Thepound gained today versus several important currencies andspecially versus theeuro after areport showed anincrease intheU.K.’s inflation, helping speculations that interest rates will be raised inthecountry togrow.
’s target of2 percent reaching 1.9 percent intheannualized figures forthepast month, it beat forecasts andadded confidence that interest rates will rise inBritain next year, providing support forthepound togain versus [...]
Yen Advances Despite GDP Growth Slowdown »
TheJapanese yen continued togrow against theother major currencies forathird day today even after theworse than expected GDP data was released inJapan, asthe
still remains popular inthemarkets.
Theeuro weakened tothelate November levels against theyen astheglobal stock markets demonstrated adrop. Themarkets are still under astrong influence oftheDubai’s debt problems andthenew fiscal problems inGreece. Despite theoptimistic statistics coming [...]