Beijing :: China
| about 4 hours ago
China Eyes Consumer Boost, May Aim 8% 2009 Growth Reuters 01 Dec 2008 10:03 PM ET China should take further steps to fight a sharp economic slowdown, including cutting interest rates and taxes as well as increasing investments aimed at spurring domestic...
Tags: economy, financial crisis, economic, crisis, financial, China, economic crisis
Şag :: Romania
| about 6 hours ago
The "open letter" that appears in Monday's paper says the actors are jeopardizing the work of other unions that have already made deals with producers. It says "SAG is demanding that the entire industry literally throw out all its hard work because it...
Tags: strike, crisis
New York City :: NY :: USA
| about 14 hours ago
Wall Street often portrays itself as a pay-for-performance meritocracy. The rules are supposed to be simple: Make money, and you get rich...What, then, should Citigroup pay Vikram Pandit, its embattled chief executive? On his watch, Citigroup, hobbled...
Tags: economic crisis, government, depression, financial, economic, crisis, wall street, wall, street, bubble
Beijing :: China
| about 17 hours ago
Stephen Johnson, head of the United States' Environmental Protection Agency, visited Tonji University in Shanghai on Monday, just days ahead of the 5th Strategic Economic Dialogue (SED) between China and the US. At a press conference he declined to comment...
Tags: economic, president, crisis, financial, president hu, obama, barack, george, China, elect
Seoul :: South Korea
| about 17 hours ago
Hundreds of jobs are at risk overall as the bank positions itself for a global investment banking rout. It is expected that up to 10 per cent of staff in Macquarie's trading business could be made redundant because of the financial crisis and lower market...
Tags: financial crisis, financial, jobs, crisis, business, job cuts, banking, banks, ford, Macquarie Bank
Paris :: France
| about 21 hours ago
According to new statistics from the Swedish Public Employment Service ( Arbetsförmedlingen ), 19,907 people were told in November they would be losing their jobs...At the end of last week, 163,739 people were registered with the agency as unemployed,...
Tags: crisis, financial, economic, car sales, Sweden
Shanghai :: China
| 1 day ago
China can weather the financial storm because the economy has no major bubbles while a year of policy adjustments have tamed the property market, a top central bank adviser said in comments published on Monday. The economic slowdown is a "benign correction",...
Tags: slowdown, economy, economic, financial, national, crisis, rates, news, China, central bank
Beijing :: China
| 1 day ago
The official purchasing managers' index declined to 38.8 in November, from 44.6 in October, with any figure under 50 indicating a contraction. The fall was caused by a sharp drop in new orders, especially from abroad...The latest official figure from...
Tags: recession, economy, global, japan, export, China Federation of Logistics, decline, crisis, European, purchasing managers
Seoul :: South Korea
| 1 day ago
Exports dropped 18.3 percent in November from the same month last year to $29.26 billion, the Ministry of Knowledge Economy said in a statement. Imports fell 14.6 percent to $28.97 billion for a trade surplus of $297 million. The ministry cited economic...
Tags: export, economy, recession, global, decline, crisis, South Korean, korean exports, consumer price
Doha :: Qatar
| 1 day ago
The Sultanate reaffirms its support to help achieve development and stability at the global level,” Ahmed bin Abdulnabi Macki, minister of national economy and deputy chairman of the Financial Affairs and Energy Resources Council, said here yesterday,...
Tags: development, conference, financial, economic crisis, economic, crisis, economy, president, doha, china
