SKorea's economy grows 0.7 percent in 1Q

No short-term yuan appreciation seen

By: dustgeer

China is not expected to allow the yuan to appreciate against the U.S. dollar in the short term, Chinese experts said.The yuan appreciation in the face of growing Chinese trade surpluses is one of the topics expected to be discussed when U.S. President Barack Obama visits China next week. The United States also wants China to encourage domestic ...

20 days ago

The Falling U.S. Dollar Is A Good Thing

By: amalgam80

The strength of the U.S. dollar is in trouble. In March a $1.25 bought you 1 euro, now it takes $1.50. But I’m here to tell you that this may not be a bad thing, at this time.   Over the long term, a weaker dollar could narrow the long-running United States trade deficit, helping close the gap between exports and imports, as American ...

about 1 month ago

Philippine economy posts 0.8% growth in 3rd quarter

By: edlopez

The Philippine economy as measured by the country’s gross domestic product (GDP) grew by 0.8 percent in the third quarter of 2009. Socio-economic planning Sec. Augusto Santos said: "This reflects the economy’s gradual recovery in the period. There are signals that the global economic rebound is underway with some Asian neighbors ...

1 day ago

China economic growth accelerates

By: patelashishme0932

China economic growth accelerates Investment in factories has risen China has said it is on track to hit its growth target of 8% this year, after the economy grew 8.9% from a year ago in the third quarter. The figure is up from the 7.9% rate seen in the previous quarter and is ...

about 1 month ago