China's Exports Rise 46% The New York Times | BEIJING —China announced Wednesday that its exports climbed 46 percent in February from a year earlier. Economists said the data signaled a rebound in consumer demand from the United States and other Western markets after the financial crisis last year. | It was the third consecutive month o...
Pakistan risks IMF's $1.2bn Asia Times | By Syed Fazl-e-Haider | KARACHI, Pakistan - Islamabad's tardiness in naming a finance minister to succeed Shaukat Tarin, who resigned on February 23 to pursue his own business interests, may delay the release of US$1.2 billion from the International Monetary Fund (IMF), part of a bailout package a...
Turkey and I.M.F. End Talks on Stand-By Loan The New York Times | ISTANBUL — Turkey said on Wednesday it was no longer holding talks with the International Monetary Fund on a stand-by loan because it did not need emergency funds, but it left the door open for a possible future deal. | “We don’t ...
Novel Idea for Japan: Airport for Budget Travel The New York Times | MITO, JAPAN — The diktat from the governor was the kind of sweeping order that gives Japanese bureaucrats heart attacks: plans for a three-story airport terminal, painstakingly laid over years, were to be scrapped and replaced with a single-f...
Pakistan risks IMF's $1.2bn Asia Times | By Syed Fazl-e-Haider | KARACHI, Pakistan - Islamabad's tardiness in naming a finance minister to succeed Shaukat Tarin, who resigned on February 23 to pursue his own business interests, may delay the release of US$1.2 billion from the Internationa...
China assesses its gold strategy Asia Times | By Russell Hsiao | Chinese leaders convening in Beijing for the annual plenary session of the National People's Congress (NPC) - China's ceremonial legislature - this week will, among other things, hammer out a blueprint for the ascendancy of the c...
ABr / Valter Campanato
Brazil's Silva: A Rousseff win would KO machismo The Boston Globe | BRASILIA, Brazil-Brazil's president said his hand-picked candidate to succeed him in October's election would help do away with machismo by becoming the first female president of...
UK Budget Due in 2 Weeks, Paving Way for Election The New York Times | Filed at 4:51 a.m. ET | LONDON (AP) -- British Prime Minister Gordon Brown said Wednesday that his government will lay out its budget plans on March 24, paving the way for a nati...
Brazil's Silva: A Rousseff win would KO machismo The Press Democrat | President Luiz Inacio Lula da Silva told The Associated Press on Tuesday that Dilma Rousseff, currently his chief of staff, would carry on his legacy of boosting the economy whil...
OPEC raises 2010 oil demand forecast The Press Democrat | The Organization of the Petroleum Exporting Countries, supplier of about 35 percent of the world's crude, raised its demand forecast to 85.24 million barrels per day, roughly 100,000 barrels per day higher than its February projections. It also sai...
Portugal sells $1.34 billion worth of bonds The Press Democrat | Alberto Soares, president of the Portuguese debt agency, told The Associated Press the institution received bids worth euro1.58 billion ($2.15 billion) for the April, 2021 bonds at a rate of 4.17 percent | "It went very well," Soares told The AP by...
Canadian corporates go on a shopping spree National Post By Tim Shufelt, Financial PostMarch 10, 2010 8:54 AM After the year started with dismal mergers-and-acquisitions figures, corporate Canada has gone on a bit of a 'shopping spree,' said Douglas Porter, deputy chief economist at BMO Capital ...
Obama using 'bounty hunters' for health care fraud Khaleej Times WASHINGTON - President Barack Obama said Tuesday he'll bring in high-tech bounty hunters to help root out health care fraud, grabbing a populist idea with bipartisan backing in his final push to overhaul the system. | The White House announcement came as Obama prepared to travel to Missouri on Wednesday, taking his closing argument to the nation's ...
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 investment interest held firm amid persistent con...
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 pointed to a pickup in global trade. | Asia's major indexes were mixed as many markets fluctuated for the second day in a row and European stocks opened without conviction...