Gold firms as euro zone fiscal concerns linger The Guardian * Euro zone fiscal woes linger, fuelling safe-haven demand * Dollar firms versus euro, cappint gains in gold * Platinum climbs to 7-week high, tracking other metals (Updates, adds comment, changes dateline from SINGAPORE) By Jan Harvey LONDON, March 10 (Reuters) - Gold rose in Europe on Wednesday as...
UK's Brown paves way for election with budget date Philadelphia Daily News | JANE WARDELL and DAVID STRINGER | The Associated Press | LONDON - Britain's economic recovery remains fragile, British Prime Minister Gordon Brown warned Wednesday, as he paved the way for a national election by announcing the government's budget would be published in two weeks. | In a pre-electio...
China iron ore imports rise 6% on 'bullish' mills China Daily | Iron ore imports by China, the largest buyer, rose 6 percent in February, strengthening the ability of BHP Billiton Ltd, Rio Tinto Group and Vale SA to ask for higher prices. | Imports reached 49.4 million metric tons, compared with 46.6 million to...
China's export recovery adds pressure to pare stimulus measures China Daily | China's exports rose more than forecast in February and posted a third straight gain, a rebound that adds to pressure on policy makers to pare back stimulus measures adopted during the global recession. | Shipments abroad gained 46 percent in Febru...
Home Inns sees Expo boosting Shanghai room rates China Daily | Home Inns & Hotels Management Inc, China's second-biggest budget hotel operator, said this year's World Expo in Shanghai will boost room rates by as much as 20 percent, and it's adding up to 200 hotels nationwide. | "We're positive about demand...
UK's Brown warns of new economic woes China Daily | LONDON - British Prime Minister Gordon Brown warns that the UK may suffer another economic downturn, including a possible dip back into recession. | In a speech on Wednesday Brown will say "there are still substantial risks ahead, there will be bu...
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World stocks little changed as China exports surge Breitbart | Traders work on the floor of the New York Stock Exchange, Tuesday, March... | HONG KONG (AP) - World stock markets were little changed Wednesday even as surging Chinese exports p...
Dollar firms around 90 yen line amid lack of trading cues+ Breitbart TOKYO, March 10 (AP) - (Kyodo)—The U.S. dollar held steady around the 90 yen line in subdued Tokyo trading Wednesday as market participants largely sat on the sidelines in the...
RP stocks up 0.4% on utilities play amid power crisis Inquirer | Most Read Business BIR eyes lifestyle check on individual taxpayers CebuPac in hot water over new flight policy Ford unveils new small car for booming India Save or pay off debt?...
Ahead of the Bell: Wholesale Inventories The Boston Globe | WASHINGTON-Businesses likely increased inventories by a small amount in January, responding to a strong gain in their sales. | Economists surveyed by expect inventories at the wholesale level rose by 0.2 percent in January with sales rising by a st...
Ahead of the Bell: February budget deficit The Boston Globe | WASHINGTON-Economists believe that the federal budget deficit through the first five months of the budget year is running at a record-breaking pace, with the February imbalance likely to climb to the highest level this fiscal year. | Economists sur...
Stock futures narrowly mixed ahead of opening The Boston Globe | NEW YORK-Investors are continuing to search for direction Wednesday, after two days of relatively flat trading. Stock futures are narrowly mixed. | The Dow Jones industrial average is down less than 2 points for the week. | A market surge that bega...
Leading article: Europe must confront its real economic problems The Independent | George Papandreou seems to have decided that the best form of defence is attack. The Greek Prime Minister was in Washington yesterday to lobby for a regulatory crackdown on hedge funds and currency traders who, he argues, are betting vast sums of money on his country defaulting, something which jacks up Greece's interest rates and thereby makes s...
OECD: gov'ts must cut deficits, boost regulation The Press Democrat | In a 30-nation report, the chief economist of the Paris-based Organization for Economic Cooperation and Development said restoring public finances to health will be a "daunting task" for most OECD governments. | There was no specific mention of Greece's fiscal crisis in the report entitled "Going for Growth", an annual overview of economic reform...
