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Economy warning from China's President Hu Jintao

Beijing :: China | 1 day ago | Business News

Posted by razak

By James Reynolds BBC News, Beijing China's President Hu Jintao has warned that the global financial crisis could weaken his country's competitiveness. Mr Hu gave his warning at a meeting of the Politburo and his words have been made public...

24 news stories / 0 blog posts / 1 image / 8 videos / 1 voice

The Financial System Crashed, Jobs Slashed, Stocks Plunged, and ...

Beijing :: China | about 1 month ago | Business News

Posted by Majdy

So they say technically, we are not in recession because an economy only goes in recession when the country's domestic economic output or GDP declines for two consecutive quarters. But looking at the current pandemic engulfing United States of America...

50 news stories / 7 blog posts / 20 images / 16 videos / 14 voices

Japanese Stocks Fall on Obama Win

Tōkyō :: Japan | 26 days ago | Business News

Posted by cooldiponline

As U.S. television networks called the presidential election for Barack Obama at 11 p.m. on the East Coast and cued up celebrations in Chicago’s Grant Park and across the country, Japanese stock traders in the middle of their Wednesday afternoon...

50 news stories / 7 blog posts / 0 images / 18 videos / 0 voices

Oil falls to $63 as investors eye falling demand

Singapore :: Singapore | about 1 month ago | Business News

Posted by cooldiponline

SINGAPORE – Oil prices fell to 17-month lows at $63 a barrel Monday in Asia as investors weighed Friday's OPEC output cut against growing evidence of a severe global economic slowdown that would undermine crude demand. Light, sweet crude for...

50 news stories / 7 blog posts / 6 images / 9 videos / 0 voices

World markets slide further; Nikkei at 26-year low

Tōkyō :: Japan | about 1 month ago | Business News

Posted by cooldiponline

HONG KONG – World markets resumed their slide Monday, with Japan's Nikkei stock index falling to a 26-year low, as government rescue measures failed to ease fears of a prolonged global recession. Investors seemed loath to wade back into securities...

50 news stories / 30 blog posts / 21 images / 30 videos / 1 voice

Asian markets slide further; Nikkei at 26-year low

Tōkyō :: Japan | about 1 month ago | Business News

Posted by kalex

Asian stock markets resumed their slide Monday, with Japan's Nikkei stock index falling to a 26-year low, as government rescue measures failed to ease fears of a prolonged global recession. Investors were scared to wade back into equities, worried a...

50 news stories / 26 blog posts / 12 images / 30 videos / 0 voices

Asian markets show signs of life!

Seoul :: South Korea | about 1 month ago | Business News

Posted by Majdy

After the big cut in the interest rate by the Australian Central Bank, Asian markets started showing signs of life. Main indices in South Korea, Taiwan, and Singapore all edged higher reacting positively to this bold move. RBA Gov. Glenn...

39 news stories / 5 blog posts / 3 images / 14 videos / 2 voices

Asia is expected to avoid a "full-fledged" financial crisis

Tōkyō :: Japan | 22 days ago | Business News

Posted by BiodunIginla

4 news stories / 7 blog posts / 11 images / 9 videos / 0 voices

Latest melamine products to be pulled out from supermarkets

Singapore :: Singapore | about 1 month ago | Business News

Posted by pausmiling

The latest melamine alert was issued in Singapore affecting some popular brands including Julie's and Kraft. The latest list of biscuits widely consumed by the public can be found here . Local supermarkets have erred on the side of safety...

4 news stories / 4 blog posts / 3 images / 0 videos / 1 voice

Brunei Forward To Be An Offshore Financial Centre

Bandar Seri Begawan :: Brunei | about 1 month ago | Business News

Posted by Fendi

Brunei could explore the possibility of becoming an offshore financial centre to diversify its economy, the visiting Lord Mayor of London said yesterday. Lord Mayor of London Alderman David Lewis said that Brunei's stable political and good judicial system provided...

5 news stories / 0 blog posts / 2 images / 6 videos / 0 voices