BCC says worst of recession is over The worst of the recession is over, but it is too early to say that a recovery is under way, according to a survey published on Tuesday.
The manufacturing and services sector declined at a much slower pace in the second quarter of the year, but they […]
China says 156 dead in Xinjiang unrest
China locked down Urumqi, the capital of its northwestern Xinjiang province, as officials said 156 people had been killed in rioting, in the worst ethnic unrest in the country since the Cultural Revolution
http://link.ft.com/r/H60H77/W9VNV/HEFUZ/D8UGP/RY8US/RF/h
Obama and Medvedev agree arms cuts
The US and Russia on Monday pledged to make […]
Samsung predicts sharp rise in profit
Samsung Electronics, the world’s biggest maker of memory chips and liquid crystal display screens, gave a surprisingly bullish profit forecast which suggested that the worst might be over for the technology giant
http://link.ft.com/r/XYEWFF/GVR7S/J93LM/AHF70/9GKLC/QR/h
Securitisation reinvented to cut costs
Investment banks, including Goldman Sachs and Barclays Capital, are inventing schemes to […]
G8 shifts focus from food aid to farming
US, Japan, Europe and Canada connect food security closely with economic growth and social progress as well as political stability in major scheme against global hunger
http://link.ft.com/r/73UJGG/DOQCF/TL6VQ/P40SH/V96WS/T3/h
Indonesian cadidates have to mind the gap
During the run-up to Wednesday’s vote in […]
‘Rogue broker’ blamed for oil spike
Traders said the broker implicated had allegedly accounted for at least half of the unusual market activity, with the rest the result of others chasing the rapid rises
http://link.ft.com/r/DHGUVV/6L547/UTO29/P46YM/13CN8/KI/h
Jobs data dash recovery hopes
The US economy shed another 467,000 jobs last month, signalling aggressive government stimulus measures are […]