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
Stocks in the US posted strong gains today, up more than 1% as investors loaded up on financial shares after several banks said they weren't seeing as many loans go bad. In addition, Wal-Mart, the world’s largest retailer, in fact, the world’s largest company, said it expects sales Read more...
Signs global economic recovery may accelerate
October 6, 2009
Canada’s currency, the Loonie, advanced to the strongest level (C$1.0605 per U.S. dollar) in more than a year as stocks and crude oil, the nation’s biggest export, rose amid signs the global economic recovery may accelerate. Business spending in Canada increased last month more tha Read more...
US service sector grew in Sept
October 5, 2009
Reuters said the U.S. service sector grew in September for the first time in more than a year, creating jobs in banking and restaurants and giving a fresh sign that the US economy is healing after recent poor payroll data cast doubts on the sustainability of the recovery.
The euro zone' Read more...
Stocks in the US posted strong gains today, up more than 1% as investors loaded up on financial shares after several banks said they weren't seeing as many loans go bad. In addition, Wal-Mart, the world’s largest retailer, in fact, the world’s largest company, said it expects sales