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Economy News

RSS feedDisplaying articles 21 - 30 of most recent articles

Japan vice economy minister: Economy remains on firm footing after tax hike Japanese Vice Economy Minister Yasutoshi Nishimura said on Thursday that the economy remains on a firm footing after the April 1 sales tax hike and that the impact of the higher consumption tax was within expectations. Nishimura was speaking to reporters
Yahoo! News | Apr 17, 2014 09:34 AM [GMT] | comment? | recommend
Under Pressure To Cut Costs, Wall Street Banks Downsize Many banks report earnings this week. Bank of America turned in a loss after taking a big charge for legal expenses. Citigroup will lay off about 300 stock and bond traders in an effort to cut costs.
NPR.org | Apr 17, 2014 09:07 AM [GMT] | comment? | recommend
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Japan's Abe dubs China vital partner amid territorial disputes By Kiyoshi Takenaka TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe criticized Beijing for trying to "change the status quo" with force in maritime disputes but said China was a vital economic partner, as a series of visits suggested a poss
Yahoo! News | Apr 17, 2014 08:02 AM [GMT] | comment? | recommend
Meet The Sisters Saving Spanish Horses From Slaughter Once status symbols for newly minted millionaires, horses are now the voiceless victims in Spain's economic crash. Two sisters are adopting horses that might otherwise end up in the food supply.
NPR.org | Apr 17, 2014 07:28 AM [GMT] | comment? | recommend
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China economy stronger than data suggests: government By Aileen Wang and Adam Rose BEIJING (Reuters) - China's economy is doing better than official data suggests, the Commerce Ministry said a day after figures showed growth at an 18-month low, adding that targets for exports and imports this year shoul
Yahoo! News | Apr 17, 2014 06:00 AM [GMT] | comment? | recommend
Asia stocks fail to match Wall Street gains HONG KONG (AP) Asian stock markets were mostly lower Thursday, with Japan's Nikkei leading the retreat as investors locked in profits after a strong rally.
Yahoo! News | Apr 17, 2014 03:45 AM [GMT] | comment? | recommend
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Canny Australians build a bulwark out of housing debt By Wayne Cole SYDNEY (Reuters) - The adage "safe as houses" has been an oxymoron since the global financial crisis. It's a distinctive feature of the Australian housing market that gives borrowers a vital buffer should the economy take a tu
Yahoo! News | Apr 17, 2014 03:36 AM [GMT] | comment? | recommend
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Google, IBM results raise questions about other tech-sector companies By Alexei Oreskovic and Noel Randewich SAN FRANCISCO (Reuters) - Disappointing results from Google Inc and IBM may unnerve investors shaken by a strong recent selloff in tech stocks, underscoring the challenges the Internet and IT sectors face as corporat
Yahoo! News | Apr 17, 2014 01:33 AM [GMT] | comment? | recommend
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Brazil's leader holds wide lead six months from election: survey Despite a mushrooming scandal at state-run oil company Petrobras and bad news on the economic front, Brazil's President Dilma Rousseff is still the hands-down favorite to win the elections in October, according to a new poll on Wednesday. The survey
Yahoo! News | Apr 16, 2014 11:30 PM [GMT] | comment? | recommend
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Detroit pension deal approved by one retirement system (Reuters) - The board of Detroit's General Retirement System on Wednesday approved economic terms of a settlement with the city that include cuts to pension benefits, putting in place another key component of Detroit's effort to exit bankruptcy
Yahoo! News | Apr 16, 2014 9:47 PM [GMT] | comment? | recommend