New US Jobless Claims More than Estimated
The US Labor Department announced today that a total of 444,000 new jobless claims were made last we...
Property Prices in China Continue to Rise
Property prices in China rose at an annual rate of 7.8 percent in December compared to 5.7 percent i...
US Bank Tax Details Expected Today
President Barack Obama will reveal details later today for a new tax to be charged to banks that rec...
Trichet and ECB remain predictable
[mserve id="Central_Bank_ECB.jpg" align="left" width="291" caption="European Central Bank" alt="Euro...
Australian December Employment Rises 35,200; Jobless Rate 5.5%
Australian employers added workers for a fourth straight month in December, driving the nationââ...
Obama Takes on Wall Street Bankers
Later today, President Barack Obama will announce the application of new fees on those financial ins...
US to Announce Bank Fees to Recover Bail-Out Funds
The Obama administration is set to announce new fees on banks and financial institutions in order to...
Germany’s Economy Shrinks by 5% in 2009
For the first time in six years, Germany's economy suffered a contraction, losing a full 5 percent i...
PBOC is proactive, Bernanke’s Fed is reactive
For many observers, China is the unknown factor in global economic growth. It has been leading world...
US Trade Deficit Increases to $36.4 Billion
The US trade deficit for November increased 9.7 percent to $36.4 billion as a slowly improving econo...