Archive for July 1st, 2009

Singapore Q2 property prices drop 5.9 percent (AP)

Singapore real estate prices fell in the April-June period for a fourth straight quarter amid the city-state’s worst ever recession.

No Comments

Business confidence in Japan improves slightly (AP)

Japanese companies remained deeply pessimistic in June even as a central bank survey showed their confidence improving from record lows, suggesting the world’s second-largest economy is crawling rather than sprinting out of recession.

No Comments

Chinese surveys show manufacturing expanding (AP)

China’s manufacturing expanded in June, adding to signs the world’s third-largest economy is rebounding from the collapse in global trade, but few new jobs were created, according to two surveys released Wednesday.

No Comments

Fed’s Yellen: rates could be near zero for years (Reuters)

U.S. benchmark lending rates could stay near zero for a couple of years based on the amount of slack now in the economy, San Francisco Federal Reserve Bank President Janet Yellen said on Tuesday.

No Comments

Business confidence in Japan improves slightly (AP)

Japanese companies remain deeply pessimistic, but confidence is starting to improve from record lows last quarter, a key central bank survey showed Wednesday.

No Comments

Experts Available to Discuss Four-Legged Victims Of The Recession: Families Who Face Foreclosure And Unemployment Are Forced To Give Up Their Pets (Business Wire)

—-ExpertSource:

No Comments

Administration sends Congress consumer legislation (AP)

President Barack Obama asked Congress on Tuesday to create a new agency to police the fine print on credit card bills and mortgage documents and determine what fees, penalties and interest rates are fair.

No Comments

US recovery must come first, Singapore envoy says (AP)

A recovery from the worldwide economic slump will occur in east Asia only after it has begun in the United States, the Singapore ambassador to the U.S. said Tuesday.

No Comments

Oshkosh gets $1B for new vehicles in Afghanistan (AP)

Oshkosh Corp. won a $1.06 billion Army contract to build new, off-road terrain vehicles to outfit ground forces in Afghanistan, the Pentagon said late Tuesday.

No Comments

Economy – Tuesday (Investor’s Business Daily)

Unemployment up in U.S. cities

No Comments