Monthly Archives: July 2012

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Asian Stocks, Oil Pare Losses on China Growth Pledge; Yen Gains – Businessweek

The Associated Press
Asian Stocks, Oil Pare Losses on China Growth Pledge; Yen Gains
Businessweek
By Jason Clenfield and Yoshiaki Nohara on July 31, 2012 Asian stocks and oil pared losses after a disappointing manufacturing report from China gave the world's second-largest economy more room to ease policy. Japanese equity dropped after …
Asia stocks fall as China manufacturing slowsThe Associated Press
Shares fall as stimulus hopes fade, China PMI softensCNBC.com

all 145 news articles

Source: Business - Google News

Real Estate on Top 10 List of Consumer Complaints

Foreclosure increases have homeowners worriedReal estate woes including fraud and timeshares made it onto the list of top 10 consumer complaints for the first time.


Source: Business & Finance News - Yahoo! Finance

Ghost of 2008 Haunts Fed as Companies Take Short View on Risk

FILE - In a Feb. 2, 2012 file photo Federal Reserve Chairman Ben Bernanke's testimony before the House Budget Committee is visible on a television screen on the floor of the New York Stock Exchange. The Federal Reserve appears to be moving toward announcing some new step to try to energize the troubled U.S. economy. (AP Photo/Richard Drew, file)Threats that might portend a slowdown are being given greater weight by companies because they could quickly develop into something worse.


Source: Business & Finance News - Yahoo! Finance

Samsung, Apple Trade Jabs In Court

Jury Selection Begins in Apple-Samsung SuitPatent attorneys for the two companies squared off in a debate over smartphone innovation that they traced back to before Apple co-founder Steve Jobs introduced the iPhone in 2007.


Source: Business & Finance News - Yahoo! Finance

Office building sales rebound hits a speed bump

The rebound in U.S. office building sales hit a speed bump in the second quarter as weak demand for office space made it more difficult for prospective buyers to predict the income from their investments. …

Source: Business & Finance News - Yahoo! Finance

China Manufacturing Teeters Close to Contraction – Bloomberg

BBC News
China Manufacturing Teeters Close to Contraction
Bloomberg
China's manufacturing teetered on the edge of contraction in July, signaling a rebound in economic growth has yet to take hold. The Purchasing Managers' Index unexpectedly fell to 50.1 in July from 50.2 in June. The reading today from the Beijing-based …
China Posts Lower Official PMI in July, Possibly Due to Seasonal FactorsWall Street Journal
Chinese manufacturing lags further in July on sagging demand, weakening export …Washington Post
China HSBC PMI hits 49.3 in July, output rosierReuters
Financial Times

Source: Business - Google News

Record joblessness in euro zone; hope fades for quick ECB cure

People queue to enter a government-run employment office in MadridJoblessness in the euro zone hit on Tuesday its highest level since the single currency was born, a further sign of economic desperation as hopes erode that the bloc will be saved by its central bank this …


Source: Business & Finance News - Yahoo! Finance

Wall Street dips as traders gear up for Fed; ends July up

Traders work on the floor of the New York Stock ExchangeStocks fell on Tuesday with traders' sights set again on Wednesday's Federal Reserve statement on the economy and a possible new round of stimulus. The Nasdaq Composite, which underperformed on Monday, …


Source: Business & Finance News - Yahoo! Finance

China official PMI shows factory sector barely growing

China’s official factory purchasing managers’ index fell to an eight-month low of 50.1 in July from 50.2 in June, suggesting the sector is barely growing, a survey by the National Bureau of Statistics …

Source: Business & Finance News - Yahoo! Finance

China Manufacturing Slows to Eight-Month Low

China manufacturing shrinks in September: HSBCChina's manufacturing expanded at the slowest pace in eight months, adding to evidence Premier Wen Jiabao has yet to reverse the nation's economic slowdown.


Source: Business & Finance News - Yahoo! Finance