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Monthly Archive July, 2008

Belgium

July 31, 2008

Economic growth in Belgium weakened to the slowest pace in more than three years in the second quarter as soaring inflation sapped consumers' purchasing […]

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Bush to sign housing bill

July 25, 2008

President Bush dropped his opposition Wednesday to legislation aiming to calm the chaotic housing market despite his objections to a $3.9 billion provision. The […]

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Apple beats estimates but guides lower

July 24, 2008

Computer and consumer electronics maker Apple reported fiscal third-quarter earnings Monday that beat forecasts on strong sales of Mac computers and iPhones. But shares […]

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China Must Improve Yuan Management to Curb Hot Money

July 23, 2008

China needs to better manage its exchange rate to curb accelerating inflows of “hot money'' that pose a threat to the economy, the finance […]

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Australia

July 22, 2008

Australia's annual inflation rate probably accelerated in the second quarter, reinforcing speculation the central bank will leave borrowing costs at a 12- year high. […]

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The

July 21, 2008

JPMorgan Chase’s profits plunged more than 50%. Continental Airlines reported a loss.
But this was initially cause for celebration on Wall Street today because […]

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Swiss July ZEW Investor Confidence Falls to Record

July 17, 2008

Investor confidence in the Swiss economy dropped to the lowest ever as soaring raw material costs and flagging growth in the U.S. and Europe […]

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Bush, Democrats spar over gas prices

July 16, 2008

President Bush on Saturday tried to pin the blame on Congress for soaring energy prices and said lawmakers need to lift long-standing restrictions on […]

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China

July 9, 2008

China should eliminate energy price controls “as soon as possible'' to prevent shortages, central bank adviser Fan Gang said.
“Under-priced energy is distorting market […]

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Unemployment claims highest since March

July 8, 2008

The number of newly laid-off people signing up for unemployment insurance rose sharply last week.
The Labor Department, in a new report Thursday, says new […]

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