Nov. 20 (Bloomberg) -- Japan’s government need to focus onincreasing its long-term growth potential because the publicdebt burden leaves little room for further stimulus spending,the Organization for Economic Cooperation said. “Additional fiscal stimulus is not warranted given theexpected pickup in output ...Read More
Fear of youth unemployment rising above 1 million in the new year prompted Gordon Brown to use the last Queen's speech of the parliament to promise more money to ease the impact of the recession on the young.
Some of the ...Read More
Nov. 16 (Bloomberg) -- Japan’s economy expanded at thefastest pace in more than two years in the third quarter, ledby a rebound in domestic demand that may ease concern of areturn to recession next year.
Gross domestic product rose at an ...Read More
Nov. 13 (Bloomberg) -- Hong Kong’s economy grew less thaneconomists forecast in the third quarter as exports slid,underscoring the fragility of the city’s recovery from its worstslump since the Asian financial crisis. Gross domestic product rose a seasonally adjusted 0.4percent from ...Read More
The pound lurched sharply lower after Bank of England governor Mervyn King noted in a press conference accompanying the BOE's quarterly inflation report that recent sterling weakness would be supportive to an export-led recovery. While it's not the first time that ...Read More
Nov. 9 (Bloomberg) -- India may be among the first Group of20 nations to begin winding back fiscal stimulus after PrimeMinister Manmohan Singh said faster economic growth would allowthe measures to be withdrawn. “There are clear signs of an upturn in ...Read More
Nov. 8 (Bloomberg) -- India will “wind” down fiscalstimulus from 2010 as growth in Asia’s third-largest economyrecovers to more than 7 percent, Prime Minister Manmohan Singhsaid today. “There are clear signs of an upturn in the economy,”Singh told the World Economic ...Read More
* China to resist G20 calls that world needs a stronger yuan * Cites domestic demand surge, slide in external surplus * Beijing won't be made a scapegoat on climate change either * For other stories on the G20, click on [ID:nLQ516726] BEIJING, Nov ...Read More
NEW YORK (Reuters) - The U.S. economy has been kick-started into growth but stock investors still face an uncertain outlook as Wall Street gears up for comments from the Federal Reserve and a key report on employment this week.
The Fed's ...Read More
WASHINGTON -- Obama administration officials expect new reports Friday to show that the government's fiscal stimulus program helped create or save about 650,000 jobs, a figure officials are prepared to tout as a significant sign of stimulus success. The figure would ...Read More
- Next
