Economists estimate that when Japan reports its December quarter GDP on Feb 15, it will show that the economy probably grew at the fastest pace since the first quarter of 2008, up 3.6%, as a
Today, I will start off with east Africa’s biggest economy, Kenya. Bloomberg News reported that the Energy Minister said the country will begin rationing electricity from tomorrow as dry weather has diminished the water supply that powers Kenya’s hydroelectricity plants, the source Read more...
Expectation high for Chinese stock market
August 4, 2009
China’s benchmark stock index, the world’s second-best performer this year (up 100% from its November low), may continue to gain as company profits recover and economic growth accelerates, according to Bloomberg News. China’s manufacturing expanded in July for a fifth Read more...
Manufacturing reports lift markets
August 3, 2009
US equity markets stayed positive all day, closing up almost 1.5% as manufacturing activity showed better than expected results in the US, the UK, the Far East, Russia and in the Euro zone. In fact, manufacturing growth in China hit a 12-month high. These reports confirm that economies worldwide are Read more...
Today, I will start off with east Africa’s biggest economy, Kenya. Bloomberg News reported that the Energy Minister said the country will begin rationing electricity from tomorrow as dry weather has diminished the water supply that powers Kenya’s hydroelectricity plants, the source