1 Sep
(NY Times) Wall Street began a new month on Wednesday with a surge on upbeat economic reports from Australia, China and, somewhat surprisingly, on manufacturing in the United States.
Markets were higher in Asia and Europe after reports showing manufacturing activity picked up slightly in China in August after several months of slight declines, and Australia reported that its economy had expanded more than….read the full story HERE.
27 Aug
Another submission by our reader Barak Herzman, thank you Barak. Read the full story HERE.
13 Aug
While the mainstream press latches on to every single bit of bad news they can find and jam it down our throats as indication that we will soon be leading donkeys around with pots and pans clanking off the sides, I was able to find positive sentiment, as I usually can nearly any day that I have time. While we’re not out of the woods, this just may be our new “reality” for a while and we all just need to dig in and deal with it. The good news is that it’s causing more of us to re-think our spending and in fact savings is on the rise, which is good. Planning for retirement instead of taking that two-week cruise to Spain, just may be the smart bet for a lot of us… Now, for the positive news.
8 Jul
(Reuters) – The International Monetary Fund upgraded its 2010 global growth forecast on Thursday, citing robust expansion in Asia and renewed U.S. private demand, but warned the euro area’s debt crisis posed a big risk to recovery. Read the full story HERE.
15 Jun
(Reuters) – A strong global economic recovery — led by Asia — is under way, and is unlikely to be thrown off course by European debt woes or the improbable event of the bursting of an asset bubble in China, a top Federal Reserve official said on Tuesday. Read the full story HERE.
1 Mar
LONDON/BEIJING (Reuters) – Factories around the world enjoyed a bumper February with business surveys showing the manufacturing sector in major economies continued to lead an economic recovery, despite a slowdown in some growth rates.
Read the full story HERE.
19 Jan
Submitted by Juan Cajigas, from the UK
By Tanya Powley
The number of mortgages approved for house purchase rose in November to 60,518, the highest level since March 2008, according to the latest figures from the Bank of England (BoE).
Oliver Gilmartin, senior economist at the Royal Institution of Chartered Surveyors, said the BoE’s figures supported its view that “increasing momentum” in the housing market would see further rises in house prices during early 2010.
Read the full story here…
11 Dec
WASHINGTON – Signs of a strengthening global recovery emerged Friday, with consumers boosting retail sales, companies restoring stockpiles and Chinese exports mounting a comeback.
The reports heightened hopes that consumers are starting to feel more comfortable about
Read the full story here….
28 Oct
From a global survey by the Nielsen Company…
By Susan Fenton
HONG KONG (Reuters) – Global consumer confidence is rebounding, and in the United States has risen for the first time since 2007, amid signs the world economy is picking up although spending is still restrained, a survey showed on Wednesday.
Confidence was highest in India, followed by Indonesia and Norway, and was weakest in Japan, Latvia, Portugal and South Korea, although in Korea it had improved markedly, according to a quarterly survey by The Nielsen Company, conducted between September 28 and October 16.
27 Oct
By Chang-Ran Kim, Asia autos correspondent
TOKYO (Reuters) – Honda Motor (7267.T) surprised investors with a near tripling of its annual profit forecasts, bumping it further ahead of Japanese rivals thanks to a dominant motorcycle business and line-up heavy in small cars.
