Personal bankruptcies have risen to the highest level since records began in the 1960s, the Government will reveal this week. On Friday the Department of Trade and Industry will publish details of how many individuals were declared insolvent between July and September.
Despite the hike in oil prices and the local economic slowdown, international air passenger and cargo traffic in and out of Korea rose significantly in the third quarter a government report said yesterday.
Brazil Central Bank Holds CPI Forecasts Below Target (Update3)
WASHINGTON : Orders for US-made durable goods fell 2.1 percent in September, the Commerce Department said Thursday in a report suggesting cooling in the manufacturing sector.
Oct. 27 (Bloomberg) -- The Brazilian central bank said the benchmark inflation rate remains below targets of 5.1 percent and 4.5 percent for this year and next, giving policy makers leeway to continue interest rate reductions.
Government reports on Thursday suggested a possible cooling in the housing market and some economic slowdown due to high energy prices, but analysts said the economy remained robust enough to permit the Federal Reserve to keep raising borrowing costs.
LONDON (AFX) - The euro struck a two-week high against the dollar amid expectations that borrowing costs in the 12-nation single currency zone may rise sooner than anticipated.
ConocoPhillips, Amerada Hess Corp. and Kerr-McGee Corp. posted gains in third-quarter earnings yesterday as surging energy prices more than made up for output disruptions caused by hurricanes Katrina and Rita.
BEIJING, Oct 27 (Reuters) - Chinese newspapers available in Beijing carried the following stories on Tuesday. Reuters has not checked the stories and does not vouch for their accuracy.
Brazil Jobless Rate Unexpectedly Rises in September (Update2)
THE incoming chief executive of publisher John Fairfax, David Kirk, has moved swiftly to embrace a $100 million plan developed by his former rival for the job, Brian Evans, to cut jobs and build revenues.
Oct. 26 (Bloomberg) -- ConocoPhillips, Amerada Hess Corp. and Kerr-McGee Corp. posted gains in third-quarter earnings as surging energy prices more than made up for output disruptions caused by Hurricanes Katrina and Rita.
Brazil Jobless Rate Unexpectedly Rises in September (Update2)
- Things are happening hot and heavy. For one thing, Bush nominated Ben "Blooper" Bernanke, the most arrogant and clueless economics dunderhead in the USA, to replace the retiring (and good riddance) Alan Greenspan as chairman of the Federal Reserve.
FX Asia: Kiwi May Have Peaked Vs Yen As Econ Woes Grow
-Things are happening hot and heavy. For one thing, Bush nominated Ben "Blooper" Bernanke, the most arrogant and clueless economics dunderhead in the USA , to replace the retiring (and good riddance) Alan Greenspan as chairman of the Federal Reserve.
Brazil Jobless Rate Unexpectedly Rises in September (Update1)
Acacia Research Corporation (Nasdaq:CBMX)(Nasdaq:ACTG) announced today that its CombiMatrix Group has launched a new comprehensive influenza DNA microarray as well as services for the typing of influenza strains.
TORONTO (Reuters) - EnCana Corp. reported a lower third-quarter profit on Wednesday as an after-tax loss associated with its hedging program bit into its results.
OTTAWA (Reuters) - The Bank of Canada gave a clear signal on Tuesday that its tightening cycle may last only to next spring, despite there being substantial liquidity in the economy.
ㅡ The National Tax Service said it would step up its tax audits of businesses here, including more frequent audits of major corporations, in an effort to close a budget gap.
SINGAPORE : Property stocks have had a good run this year, in particular after the government eased rules on home financing. But since last week they appear to be trending south, and some analysts say the upside in property counters may be over for now.
Stock investors reacted enthusiastically to the nomination of Ben Bernanke as Federal Reserve Board chairman, sending the Dow Jones industrial average up almost 170 points Monday. But the bond market sold off. The decline in bond prices pushed up...
THREE weeks ago President Bush said it was vital the successor to Alan Greenspan as chairman of the US Federal Reserve be seen to be politically independent.
The September survey of consumer and business confidence in Greece released by IOBE (the Foundation for Economic and Industrial Research) last week confirmed what a few analysts had noticed lately: the dichotomy of expectations between businessmen — specially industrialists — and consumers.
21/10/2005 Charlie McCreevy, European Commissioner for Internal Market and Services, The Future of Europe – Are we asking the right questions? Institute of European Affairs Dublin, 14 October 2005
OUT of some 20 big importers in Cebu, none has made any importation of goods in recent weeks,” revealed Ms. Maria Lourdes Mangaoan, Cebu District Customs collector. “Usually, at this time of the year, goods would starting coming in preparation for Christmas. There is none.
Hellaby slashes outlook in face of falling retail sales
The International Monetary Fund has called upon the Irish government to broaden its tax base, curtail property-related tax breaks and levy an additional property tax in order to protect revenues in the event of an economic slowdown.
TOKYO, Oct 21 (Reuters) - Bank of Japan Deputy Governor Toshiro Muto said on Friday it was necessary to be on the alert for global inflation and an economic slowdown as a result of higher oil prices.