The Asian Development Bank has warned that the surge in oil prices could undermine the global economic recovery. View full post on All Stories
Posts Tagged ‘global economy’
BOC: Inflation Risks ‘Real’
March 27th, 2011
davidguide The risks of inflation in the global economy are real, and they are being telegraphed by the bond markets, Bank of Canada Governor Mark Carney said in comments after a speech Saturday. View full post on All Stories
Gov’t labors under illusion it can part seas
March 8th, 2011
davidguide There was a time not so long ago when government officials debated which institutions were “too big to fail.” Now they’re learning the lesson that the global economy is “too big to control.” It is the height of conceit for government and corporate officials to spend their time — and … View full post on [...]
Caterpillar’s strong 4Q profit hints at growth
January 27th, 2011
davidguide Heavy equipment maker Caterpillar’s soaring profit reflects strong demand in developing nations and offers reasons for optimism about the global economy and the prospects for other American manufacturers. View full post on All Stories
Japan’s exports climb 13 percent in December as global economy strengthens
January 27th, 2011
davidguide TOKYO – Japan’s export growth accelerated for the second straight month in December, indicating a revival of overseas demand critical to the country’s recovery. Exports from the world' View full post on All Stories
Euro at 2-month high, growth bets lift stocks
January 25th, 2011
davidguide The euro hit a fresh two-month high on Monday as hopes for a durable solution to the euro-zone debt crisis pushed the currency past key technical levels, while stocks rose on bets of higher growth in the global economy. View full post on All Stories
Woolworths reveals downward revisions on its 2011 profit projections
January 24th, 2011
davidguide Giant grocery operator Woolworths Ltd announced on Monday a likely retreat on its earnings guidance for fiscal 2011 as it cited that shaky disposition in consumer spending and volatility in inflation levels, interest rates and uncertainty in the global economy pushed down the prospects of the retail sector. View full post on All Stories
World Bank sees risks to global economy in 2011
January 13th, 2011
davidguide The World Bank has warned that the global economy could return to the dark days of the 2008 crisis, with slowing growth and rising commodity prices. View full post on All Stories
Crude Rises as OPEC Leaves Quota Unchanged, Gold Moves Over $1400 Despite Elevated Yields
December 14th, 2010
davidguide Crude oil rose $0.82, or 0.93%, to settle at $88.61 on Monday. U.S. equity markets advanced to yet another 2-year high and copper hit a record high, as investors and traders become increasingly bullish on the global economy. View full post on All Stories
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