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Asian Markets Cautious on Corporate Earnings Concerns
Nikkei average gains 0.08 percent while Shanghai index rises 0.09 percent. KOSPI drops 0.42 percent.
China's Shadow Over US Presidential Election
Early in November, the world's first and third largest nations by population have elections. On Tuesday, 06 November 2012, the third country by population (314.5 million) with the largest capitalist economy but also the one with the greatest debt, the United States, will elect a new President Romney or re-elect President Obama for a second term. Leaving aside what wonderful husbands both men apparently are and their equally wonderful, devoted wives and families who at times in the campaign a...
Spain: Rajoy Defiant on EU Bailout as Regional Elections Loom
Spain's Prime Minister faces challenging votes in Catalonia and the Basque region as investors fear window of opportunity for EU support closing fast
UK Government Borrowing Hits Four Year Low in September: ONS
Stronger tax receipts help narrow budget deficit to £4.9bn higher than it was at this time last year.
Asian Markets Close Higher on China GDP, Industrial Output and Retail Sales
Nikkei average ends 2 percent while KOSPI gains 0.20 percent. Shanghai index and Hang Seng up 1.24 and 0.48 percent.
Chinese Economy Slows to 7.4 Percent in Third Quarter
Although the GDP has dipped, China's economy shows signs of stabilising.
Asian Markets Gain on Chinese GDP and US Housing Data
Nikkei climbs 1.66 percent while KOSPI gains 0.15 percent. Shanghai and Hong Kong markets rise 0.52 and 0.48 percent.
Britain's Labour Market Mystery: 'We're Either Too Lazy or We Can't Count'
Record high employment figures mask a recession stuck economy. But economists remain puzzled as to why we're working longer but failing to growth
Goldman's Jim O'Neill: Bric Countries to Set up Development Bank
Legendary chairman of Goldman Sachs Asset Management says a union of several emerging markets are looking to set up a development bank
Asian Stocks Up on Moody's Spain Rating and US Economic Data
Nikkei gained 1.33 percent while KOSPI and Hang Seng rose 0.85 and 0.81 percent. Shanghai index eased 0.11 percent.
George Osborne's OBR Torpedoes UK Austerity Plan
Britain has clawed back less than a third of value lost during global economic crisis thanks to faster inflation, weak exports and government spending cuts.
US Quarterly Earnings and Retail Sales Push Asian Markets Up
Nikkei gains 0.94 percent while KOSPI is up 0.32 percent. Shanghai Composite index and Hang Seng trade 0.02 and 0.05 percent higher.
Chinese Consumer Inflation Declines to 1.9 Percent
Inflation rate eases mainly on account of drop in food prices.
Phone User Solenne San Jose's €11.7 Trillion Phone Bill Dwarfs EU Debt
Bouygues Telecom tells shocked customer in Bordeaux that 17-digit bill can be paid off in instalments.
Europe Heading for 'Triple Bailout' as Germany Pushes to Bundle Aid Requests
Spain insists there's no pressure to seek financial aid, IMF urges more time for budget measures to take hold as Germany juggles multiple bailouts
UK Economy to Stall for Another Year and £50bn More QE Coming, Say Economists in Poll
Reuters survey of economists shows most think British economy will barely lift out of recession over the next four quarters.
Bank of England's Martin Weale: UK Facing Triple-Dip Recession
MPC member Weale also used Daily Mail interview to air inflation concerns over more quantitative easing in the UK economy.
A Famous Past Yom Kippur Anniversary Remembered And This Year's Just Past
According to The Great Order of the World (Seder Olam Rabbah) a chronology of events in the Bible, written about 160 AD by Yose ben Halafta and much used in traditional Rabbinic teaching, the Exodus of the Jews out of Egypt commenced in 1313 BC. Part of the Book of Exodus in the Old Testament relates how Moses, the leader of the Jews, left the Israelites for 40 days and nights in order to receive God's Ten Commandments. During this time, the Israelites became afraid that he would not return...
David Cameron at Conservatives' Conference Live: 'Hour of Reckoning' for British Economy [VIDEO]
Prime minister speaking at Conservative party conference insisting '"painful decisions' and austerity imperative if UK economy to recover.
Asian Markets Decline on US Earnings Concerns and European Crisis
South Korea's KOSPI falls 1.18 percent, Shanghai Composite Index is lower by 0.57 and Hang Seng by 0.56 percent.
Britain's Economy Grew 0.8% in Third Quarter - NIESR
Leading economic thinktank says underlying growth may only be 0.2 percent as economy stagnates.
Jack Straw: Two European Unions Will Form by 2020
Former UK home secretary and foreign Secretary sees a gulf between a core EU and periphery EU countries
Merkel and Samaras Vow to Keep Greece in Eurozone as Protests in Athens Turn Violent [VIDEO]
Merkel praises reforms but warns of tough road ahead as IMF says Greece likely to miss key debt targets in 2011 bailout agreement.
UK to Kickstart 5G Mobile Internet with £35m Investment
Government, handset makers and network providers invest £35m in Surrey University's 5G Innovation Centre.
UK Manufacturing Output Plunges, Trade Deficit Worsens as Recovery Hopes Dim
Worse than expected trade and manufacturing data may hinder anticipated sharp bounce in third quarter GDP data.
George Osborne Speech as it Happened: Deficit Pledge Paid in Benefits, Taxes on Rich
Chancellor George Osborne is set to unveil billions more in welfare cuts as the coalition strives to tackle the budget deficit.
World Bank Cuts East Asia Growth Forecast as Chinese Economy Slows
World Bank's East Asia and Pacific Economic Monitor predicts the region's growth to be 7.2%.
President Obama and Mitt Romney Both Plan to Tax Game Industry Hard
During the first televised Us presidental debate, Barack Obama and Mitt Romney agreed to tax the game industry 'hard.'
Fact Check: Ed Miliband's Labour Conference Speech Stretches Economic Truth
Labour Party Leader Ed Miliband's attack on the economic record of Prime Minister David Cameron and Chancellor George Osborne raises several questions of accuracy.
Bank of England Holds Fire on Key Rate and QE
An improving economy that will likely emerge from recession in the third quarter deters Bank of England policymakers from yet more quantitative easing