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Last Updated: Feb 9, 2010 - 5:12:46 PM |
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International
Markets News Afternoon: Shares fall in Dublin; Inventories at US wholesalers unexpectedly dipped in December indicating rise in demand
Markets news on stocks, currencies and oil; Inventories at US wholesalers unexpectedly dropped in December, indicating distributors had trouble keeping up with demand.
Feb 9, 2010 - 4:55:13 PM
News
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International
The Big Tilt: Western companies unprepared for the rise of Asia; Senior executives should move to region
The Big Tilt: Two-thirds of respondents in a survey of 1,017 executives from around the world believe that the global recession is accelerating the shift of economic activity towards Asia. But few say their companies are well-prepared. This is the main finding of The big tilt: the rise of the East and what it means for business, a special report by the Economist Intelligence Unit due to be published on Thursday, February 11th. The report recommends that senior executives move to the region.
Feb 9, 2010 - 4:10:20 AM
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International
Markets News Tuesday: Shares fall slightly in Europe and Dublin; German consumer prices dip in January; UK retail sales stall
Markets news on stocks, currencies and commodities.
Feb 9, 2010 - 9:02:33 AM
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International
Tuesday Newspaper Review - Irish Business News and International Stories - - February 09, 2010
Principal news stories from the Irish Independent, Irish Times, Irish Examiner, Financial Times and New York Times.
Feb 9, 2010 - 6:43:51 AM
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International
US Employment Trends Index rose in January for the fifth consecutive month; Trend points to the resumption of jobs growth soon
The US Conference Board Employment Trends Index rose in January for the fifth consecutive month. The index now stands at 93.2, up 1% from December's 92.3, but still down 0.7% compared to January 2009. The trend points to the resumption of jobs growth soon.
Feb 9, 2010 - 5:10:55 AM
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International
Dow Jones Industrial Average closes below 10,000 level; First crossed threshold in March 1999
The Dow Jones Industrial Average closed below 10,000 on Monday, for the first time since November, hit by falls in all its financial components on concerns about the recovery and sovereign debt problems. The blue-chip measure of 30 stocks, dropped 103.84 points, or 1%, to 9908.39, led by a 3.5% dip in Bank of America. It had first crossed the level in March 1999.
Feb 9, 2010 - 3:33:11 AM
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International
Markets News Afternoon: Shares up slightly in Europe and US
Markets news on stocks, currencies and oil.
Feb 8, 2010 - 5:03:18 PM
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International
Markets News Monday: G7 to canvass support for global banking levy; Aer Lingus traffic rose in January; German manufacturing turnover fell in December
Markets news on stocks, currencies and oil; Finance ministers from the G7 countries - - Canada, US, Japan, Germany UK, France and Italy -- the world's most advanced nations, agreed at the weekend, in Iqaluit, northern Canada, just south of Arctic Circle, that the idea of imposing levies on banks to help insure the global economy against future financial crises, should be explored.
Feb 8, 2010 - 9:09:40 AM
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International
Monday Newspaper Review - Irish Business News and International Stories - - February 08, 2010
Principal news stories from the Irish Independent, Irish Times, Irish Examiner, Financial Times and New York Times.
Feb 8, 2010 - 6:55:07 AM
News
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International
Asia 2010 growth forecast upgraded - - region will be responsible for 60% of global growth of 4.4%; World's Emerging Markets will account for 75% of growth
Asia was the first region to emerge from the Great Recession last year. It is also the first region where the incoming data justify a forecast upgrade this year according to US investment bank Morgan Stanley, which has boosted its 2010 GDP growth forecasts for Japan (by 1.4%), China (1%), India (0.5%), Malaysia (0.5%) and Thailand (0.3%). The bank now see Pan-Asia motoring along at a 7.4% pace (from 6.6% previously) and Asia excluding Japan (AxJ) at 8.8% (previously 8.2%). The main trigger for this upward revision was a stronger-than-expected surge in external trade around the turn of this year, which should also lead to stronger capex (capital expenditure) and, especially in India, a better outlook for domestic demand. The region will be responsible for 60% of global growth of 4.4% in 2010 and the world's Emerging Markets will be responsible for 75% of growth.
Feb 8, 2010 - 3:08:00 AM
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International
US unemployment rate fell to 9.7% in January; Employment dipped by 20,000 and the broad measure of unemployment fell to 16.5%
US unemployment rate fell to 9.7% in January and employment dipped by 20,000; Broad measure of unemployment fell from 17.3% in December to 16.5% in January.
Feb 5, 2010 - 3:59:13 PM
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International
Markets News Friday: Stocks, commodities and euro plunge; OECD composite leading indicators give stronger signals of economic expansion
Markets news on stocks, currencies and commodities; Stocks and commodities fell Friday, the euro dipped to an eight-month low and bond risk jumped for a second day on worries European governments will struggle to fund deficits as the US struggles with unemployment. Meanwhile, OECD composite leading indicators (CLIs) for December 2009 provide stronger signals of an expansionary economic outlook than last month.
Feb 5, 2010 - 11:17:30 AM
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International
Friday Newspaper Review - Irish Business News and International Stories - - February 05, 2010
Principal news stories from the Irish Independent, Irish Times, Irish Examiner, Financial Times and New York Times.
Feb 5, 2010 - 7:08:11 AM
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International
China says currency exchange rate close to "reasonable" level
China on Thursday rejected US criticism of currency exchange rate saying it is close to a "reasonable" level.
Feb 5, 2010 - 4:27:42 AM
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International
Markets News Afternoon: Stocks slide in Europe and US as sovereign debt worries rise; Euro below $1.38; Trichet says ECB’s interest rate are “appropriate”
Stocks fell in Europe and the US Thursday as macroeconomic issues came to the fore with The Wall Street Journal reporting that the cost of insuring the debt of Eurozone members with large budget deficits against default rose, dashing hopes that the European Commission's qualified endorsement of Greece's budget plan would calm investor fears. Greece, Portugal and Spain were in focus, with their five-year sovereign credit default spreads moving sharply wider.
Feb 4, 2010 - 5:01:08 PM
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International
US retailers posted mixed sales results for January; New weekly jobless benefit claims rose unexpectedly; Manufacturers' orders gained in December
US retailers posted mixed sales results for January while new jobless benefit claims rose unexpectedly last week. Meanwhile, manufacturers' orders gained in December.
Feb 4, 2010 - 3:36:58 PM
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International
Markets News Thursday: Deutsche Bank reports net income of €5.0 billion in 2009; Embattled Toyota swung into black in last quarter
Markets news on stocks, currencies and commodities; Deutsche Bank, Germany’s biggest bank, today reported its fourth straight quarterly profit on a recovery in trading, after a record loss a year earlier.
Feb 4, 2010 - 9:05:32 AM
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International
Thursday Newspaper Review - Irish Business News and International Stories - - February 04, 2010
Principal news stories from the Irish Independent, Irish Times, Irish Examiner, Financial Times and New York Times.
Feb 4, 2010 - 7:41:03 AM
News
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International
Growth of global service sector moderated in January
Global PMI (Purchasing Mangers' Index) data in January, indicated that the recovery in the worldwide service sector continued at the start of 2010. At 51.2, down from 51.8 in December, the JPMorgan Global Services Business Activity Index signalled an increase in activity for the sixth successive month. However, the rate of expansion was slower than the previous month and well below that signalled for manufacturing output.
Feb 4, 2010 - 6:08:19 AM
News
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International
Obama raises issue of China's dollar-pegged currency at time of rising tensions
President Obama on Wednesday raised the issue of China's dollar-pegged currency at a time of rising tensions with the key trading partner.
Feb 4, 2010 - 3:05:31 AM
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