Household spending of Japan down 0.7% in May
06-29-2010
- Japan's household spendings of two or more people fell 0.7 percent in May from a year earlier, the Ministry of Internal Affairs and Communications said in a report on Tuesday.
May's decline compared with a median market..
Leaders of advanced economies voice support to G20 targets on ..
06-28-2010
- Leaders of the United States, Britain, France and Canada on Sunday voiced almost unanimous support to the targets set by the Group of 20 (G20) on advanced economies' debt size, and said they had plans to meet these targe..
Advanced economies pledge to halve deficits by 2013
06-28-2010
- Advanced economies pledged to halve their deficits by 2013 and stabilize or reduce government debt-to-GDP ratios by 2016, according to the declaration announced at the close of the Toronto Group of 20 (G20) Summit on Sun..
Macao's records 2.9% unemployment rate
06-28-2010
- Macao's unemployment rate for the period of March to May this year stood at 2.9 percent, down by 0.1 percentage point over the previous period of February to April, according to the figures released on Monday by the city..
Colombian economy rises 4.4% in Q1
06-25-2010
- The Colombian economy rose 4.4 percent in Q1 2010 compared with the same period last year when it decreased by 0.4 percent, reported the Department of National Administrative Statistics.
Among the sectors that registere..
Chinese consumption may surpass Japan by 2015
06-25-2010
- China may see its final consumption reach 5 trillion U.S. dollars in value by 2015, surpassing Japan as the world's second largest consumer, a senior government official has projected.
Wang Xuanqing, deputy director of ..
Talks to launch iPhone and iPad in China
06-25-2010
- China Unicom and Apple Inc are talking about introducing the iPhone 4 and iPad in the domestic market and the Chinese telco is expected to launch the next version of the iPhone as early as September, media reported yeste..
China sets caps on purchases of subsidized home appliances
06-24-2010
- China's Ministry of Commerce (MOC) announced Thursday it has revised with other government departments the home appliance replacement program to set caps on purchases.
The new amendment to the "old-for-new" subsidy prog..
New Australian PM will resolve mining tax debate
06-24-2010
- According to the state's opposition leader Eric Ripper on Thursday that New Prime Minister Julia Gillard will improve Federal Labor's prospects in Western Australia.
Her elevation could also lead to a resolution of the ..
S. Korean gov't revises up 2010 growth outlook to 5.8%
06-24-2010
- The South Korean government revised upward its growth outlook for 2010 to 5.8 percent from its earlier forecast of 5.0 percent, reflecting the faster-than-expected economic recovery, the finance ministry said Thursday.
..