Financial news
    Financial News

    Data shows Italy's consumer confidence highest since March 200..

    08-28-2009
  • Consumer confidence in Italy rose this month to its highest level since March 2007, according to data released on Thursday by treasury ministry's economic think-tank. The Institute for Economic Study and Analysis (ISAE..
  • German inflation rate expected to rise in August

    08-28-2009
  • Germany's inflation rate was expected to rise 0.2 percent in August from minus 0.5 percent in July 2009, statistics showed Thursday. But the rate remained unchanged compared with a year earlier due to the rising price ..
  • Brazil's budget surplus in July down 71% from last year

    08-28-2009
  • The Brazilian government reported Thursday a primary budget surplus of 3.18 billion reais (1.69 billion U.S. dollars) for the consolidated public sector in July, roughly the same as in June but down 71 percent from the s..
  • Pakistan approves rental power plans to end load-shedding

    08-28-2009
  • The federal cabinet of Pakistan on Wednesday approved plans to set up rental power projects generating 2,250 MW to fast-track power generation and bridge the supply and demand in the country by the end of the year, the o..
  • Singapore's overall business receipts drop 4.6% in Q2

    08-28-2009
  • Singapore's overall business receipts declined by 4.6 percent in the second quarter over the same period last year, government data showed on Thursday. According to figures released by the Singapore Department of Stati..
  • Indian enterprises external commercial borrowings increase in ..

    08-28-2009
  • Indian enterprises raised over 2 billion U.S. dollars through external commercial borrowings in July to fund various programs, the highest amount of external commercial borrowings in nine months, said Indo-Asian News Ser..
  • Public confidence in Cambodian banks is growing

    08-28-2009
  • Public confidence in Cambodia's banking sector is growing and has managed to withstand the onslaught from the global economic crisis, local media reported on Thursday, quoting the director general of the National Bank of..
  • Japan's key CPI falls 2.2% in July

    08-28-2009
  • Japan's core consumer price index (CPI) fell for the fifth consecutive month in July, down by a record 2.2 percent year-on-year, as energy costs went further down, said the Ministry of Internal Affairs and Communications..
  • India needs to maintain compound average growth at 3.09%: busi..

    08-28-2009
  • India needs to maintain a compound average growth rate (CAGR) at 3.09 percent for the next 10 years so that the country can achieve a target of 111 million tons of wheat production by 2020, said a business leader on Thur..
  • Indonesian gov't urged to be alerted of foreign capital outflo..

    08-28-2009
  • The Indonesian government is urged to be vigilant of foreign capital outflow when the world's economy recovers in 2010, the private news portal detikcom quoted an official as saying on Thursday. "The capital outflow sh..