Financial news
    Financial News

    Fiscal stimulus helps Philippines' 2009 GDP to expand at modes..

    01-29-2010
  • The Philippine economy expanded at a moderate 0.9 percent in 2009, thanks to fiscal stimulus and remittances that supported a consumption-driven economy. The official GDP figures, which was released by the government on..
  • Japanese parliament approves extra budget

    01-29-2010
  • A 7.2 trillion yen (80 billion U.S. dollars) extra budget that aims to keep the nation's tentative recovery on track was approved by parliament in Japan on Thursday. The budget, written by the Democratic Party of Japan ..
  • Japan's CPI falls by 1.4% in 2009

    01-29-2010
  • The consumer price index (CPI) in Japan fell by 1.4 percent year on year in 2009, according to statistics released on Friday by the Ministry of Internal Affairs and Communications. Using 2005 as a base, the average pric..
  • Japan household spending rises in December

    01-29-2010
  • Household spending in Japan rose by 2.1 percent compared to the previous year, according to statistics released by Ministry of Internal Affairs and Communications on Friday. Meanwhile, incomes were down by 4.8 percent i..
  • Japan's household spending rises 2.1%in December

    01-29-2010
  • Household spending in Japan rose by 2.1 percent in December compared with the previous year, according to statistics released by the Ministry of Internal Affairs and Communications on Friday. On average, households spen..
  • Japan's jobless rate rises 17.4%on year in Dec.

    01-29-2010
  • The number of people in Japan unemployed in December 2009 rose 17.4 percent from a year earlier, the Ministry of Internal Affairs and Communications (MIAC) said in a report on Friday. A total of 3.17 million people were..
  • Brazil's unemployment rate falls 28.75% in 7 years

    01-29-2010
  • Brazil's unemployment rate fell 28.7 percent during President Luiz Inacio Lula da Silva's seven-year administration, according to a study released by the Brazilian Institute of Geography and Statistics (IBGE) Thursday. ..
  • China plans to put local GDP under unified calculation

    01-29-2010
  • China planed to put local gross domestic product (GDP) unde unified calculation in a move to prevent provinces from cooking their economic figures, a top official with the National Bureau of Statistics (NBS) said here Th..
  • U.S. durable goods up 0.3 percent in December

    01-29-2010
  • Orders for U.S.-manufactured durable goods rose 0.3 percent in December, the Commerce Department said Thursday. The December increase in orders for durable goods, big-ticket items expected to last for at least three yea..
  • China Minmetals Development 2009 profit down 50 pct on falling..

    01-29-2010
  • Minmetals Development Co., Ltd, the nation's leading non-ferrous metal producer, said on Thursday its profit slumped at least 50 percent in 2009 year on year as the global economic crisis dampened commodity prices. Stag..