US Economy Watch

                   

Natixis bank shareholders approve capital increase

yahoo.com     22 hrs ago   6 related          

on Friday approved a planned 3.7 billion euros (5.44 billion dollars) capital increase to repair the damage caused by the US subprime home loan crisis. Despite vocal opposition from some shareholders, the vote passed by a...                    

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Japan reveals plans to boost economy

financemarkets.co.uk     yesterday   8 related          

In a bid to boost its economy, Japan has revealed a stimulus package worth 11.7 trillion yen (£59 billion). It is hoped that the package will help citizens cope with rising fuel and food prices and help agricultural and...                    

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US: Q2 GDP upwardly revised on higher exports

fxstreet.com     yesterday          

The preliminary Q2 GDP report showed a change in GDP from 1.9% to 3.3%, while a smaller revision was expected (2.7%). The changes were broadly due to higher net exports as exports were revised up (13.2% from 9.2%) and...                    

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Airport Link languish

news.com.au     yesterday          

Queensland Investment Corporation chief executive Dr Doug McTaggart on Friday defended his group's multimillion-dollar investment in BrisConnections. His defence came as securities in the company behind the Airport Link...                    

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ft.com: people relaxing outside GUM store Moscow ft.com

Time to pay the bill?

ft.com     yesterday          

By David Oakley and Rachel Morarjee In the bars of downtown Moscow, there is still a buzz as if all is well in the world. With Russian equities down by 15 per cent for their biggest monthly fall in almost eight years,...                    

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Dollar down on strong US GDP

news.com.au     yesterday   4 related          

THE dollar opened weaker today as stronger than expected US economic growth data made traders revisit the idea of an American interest rate rise. At 7am AEST, the dollar was trading at $US0.8623/29, down from yesterday's...                    

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Days of rage in streets derailing Asia

livemint.com     yesterday          

Asia has indeed decoupled—not from the US economy, but from political reality.Thailand is Exhibit A. Three years ago, it was the post-Asian crisis role model. Living standards were rising, investors were funnelling in and...                    

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World economy: US recession fears eased by revised figures

guardian.co.uk     28-Aug-2008   12 related          

But some experts believe that the US may not be able to skirt recession for much longer Fears that the US is falling into recession were dispelled, at least temporarily, today when second-quarter growth for the world's...                    

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afp.com: afp.com

US economy sees surprise 3.3% spurt

afp.com     28-Aug-2008   84 related          

School teacher Liza Gleason shops for 'Back-to-School' supplies at a Target store in Daly City, California WASHINGTON (AFP) - The Commerce Department revised up last month's estimate of a 1.9-percent annualized pace of...                    

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ECB and US Fed want to ease cash access in times of crisis: report

yahoo.com     28-Aug-2008   9 related          

FRANKFURT (AFP) - The European Central Bank (ECB), the US Federal Reserve and other central banks plan to ease dollar refinancing rules in times of emergency, the Financial Times Deutschland said on Thursday. According...                    

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