Fast-growing China has passed moribund Japan as the world's second-largest economy, according to the latest figures on gross domestic product coming out of Japan.
It's one of those fun milestones that politicians and the media love to make a big deal out, but that actually mean very little. Nothing has changed: China is still desperately poor but growing fast. Japan is rich, but relatively sta
Stocks News » Markets
China, World No. 2, but still desperately poor
Posted by xiulian 23 days ago (http://www.marketwatch.com)Euro at four-year low against dollar in Asia Trading
Posted by xiulian 115 days ago (http://www.marketwatch.com)
The euro extended its losses against the U.S. dollar in Asian trading Monday, falling to its lowest level since April 2006, as worries about Europe's fiscal situation persisted.
The euro extended its losses after falling below the $1.2300 level, falling as far as $1.2233 according to FactSet Research and reportedly touching $1.2234 on popular currency trading platform EBS.
The euro extended its losses after falling below the $1.2300 level, falling as far as $1.2233 according to FactSet Research and reportedly touching $1.2234 on popular currency trading platform EBS.
Australian working families affected by Interest rates increase
Posted by CaraTan 115 days ago (http://www.egoli.com.au)
The Board of the Reserve Bank of Australia this afternoon has raised its cash rate by 25 basis points to 4.5%, the third straight month it has done so and the sixth increase since October.
The interest rate hike takes interest rates back their highest level since the end of 2008.
The hike was widely expected, especially as the announcement was only one day after a report indicated property
The interest rate hike takes interest rates back their highest level since the end of 2008.
The hike was widely expected, especially as the announcement was only one day after a report indicated property
A Nightmare On Wall Street: What Happenned?
Posted by KeithTimimi 125 days ago (http://www.economywatch.com)
First of all, at this time, no one has the slightest idea of what happened, and we won't have any idea "what happened" for a while. So while the various investigations - and cover-ups - go on, let's not pretend that any of the "causes" pointed to explain the reason the Dow bottomed so badly at 2:46 p.m. on Thursday, May 6. EXCEPT that - no matter where you look, with, as always, at least so far,
Six More ETFs From Direxion -- Seeking Alpha
Posted by ChenJiaWen 176 days ago (http://seekingalpha.com)
On Thursday (3/11/2010) Direxion added six new funds to its menu, giving investors leveraged and inverse opportunities in the BRIC countries, India, and the semiconductor sector. This was Direxion’s second batch of new ETFs this year. Back in February they launched two leveraged and inverse short-term Treasury ETFs.
Chinese consumers are key to fund manager's focus
Posted by stocksky 196 days ago (http://www.marketwatch.com)
China's middle class will likely grow to rival that of the United States, the Jordan Opportunity Fund(JORDX 10.52, -0.13, -1.22%) manager said. "We're trying to find ways to play the Chinese consumer through a number of different holdings."
Singapore Increases 2010 Economic Growth Outlook
Posted by SHPark 199 days ago (http://www.cnbc.com)
Singapore raised its economic growth forecast for this year after reporting better-than-expected fourth-quarter data, citing a pickup in trade and industrial production and stable financial markets.
The government now expects gross domestic product to grow by 4.5 percent to 6.5 percent in 2010, up from a forecast of 3 percent to 5 percent made only a month ago, the Ministry of Trade and Indust
The government now expects gross domestic product to grow by 4.5 percent to 6.5 percent in 2010, up from a forecast of 3 percent to 5 percent made only a month ago, the Ministry of Trade and Indust
Where are Arab investors pitching tent?
Posted by MengCheong 199 days ago (http://economictimes.indiatimes.com)
Investors across the world look towards the Arab world for investment. But it is pertinent to ask: what are the Arab investors looking for? It is
an open secret that Arab investments that run into trillions of dollars are not parked in the Gulf countries, but in the financial capitals of the world such as London, New York, Paris, Tokyo and Singapore.
an open secret that Arab investments that run into trillions of dollars are not parked in the Gulf countries, but in the financial capitals of the world such as London, New York, Paris, Tokyo and Singapore.
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