News Source: NewKerala
| about 1 month ago
In addition to the return to economic growth, the inflation rate came in at "4.6 percent in the first two weeks of October, the lowest level since May 2008", Calderon said. The official gross domestic product figure will be provided by the National...
News Source: Fox News
| about 1 month ago
European shares started on a muted note Friday ahead of key jobs data out from the U.S. later in the session. Earnings from French building materials firm Lafage didn't help sentiment, with shares in the firm down 3.1% after it reported a 38% drop in...
News Source: EU Observer
| about 1 month ago
Since global credit supplies started to dry up in mid-2007, the ECB has flooded the financial sector of the 16-member eurozone with huge amounts of liquidity in a bid to help banks lend to the wider economy. The institution scrapped its previous...
News Source: Financial Times
| about 1 month ago
Central banks in Washington, London and Frankfurt have done what was expected of them by keeping policy rates unchanged...The US and parts of Europe may have returned to growth, but the recovery is brittle and rates of production still leave...
News Source: The Irish Times
| about 1 month ago
The Labor Department's report is due at 8.30am local time in Washington. Economists' payroll forecasts ranged from declines of 105,000 to 250,000. The October projection would bring total jobs lost since the recession began in December 2007 to 7.4...
News Source: The Economic Times
| about 1 month ago
The top central banks have shown little inclination yet to choke off the extraordinary support given to economies shaken by global financial crisis but some have offered the first signs of changing tack. The Federal Reserve, European Central Bank and...