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Obama Agenda Expected To Boost Federal Hiring
Amid all of the gloomy economic news lately, at least one sector is poised for growth. The $787 billion stimulus package and the $3.6 trillion Obama budget blueprint mean the federal government is hiring.
NPR

BMW warns workers to expect pay cuts
Falling sales will cost BMW board members 40 per cent of their bonuses, with the rest of the group's 100,000 staff also facing pay cuts, it was revealed yesterday. The German car giant's annual result...
Big News Network

A Drop In Canadian Consumer Prices Would Validate Bearish Loonie Technical Outlook
Canadian CPI is expected to fall another 0.1% to 1.0% which would be the lowest since 2004. The country's economy may see its current recession deepen...
Daily FX

Toxic asset plan expected to be unveiled soon
WASHINGTON (AP) -- Treasury Secretary Timothy Geithner is putting the finishing touches on a plan to get toxic assets off the books of the country's struggling banks, according to administration and industry officials. The plan could be announced as soon as Monday, they said....
The Arizona Republic

Mexico seen cutting rates by 25 basis points despite strong peso
Mexico's central bank is expected to slightly pull back the country's key lending rate on Friday, but the recent strength of its currency, the peso, has led some to talk about the possibility of a larger move by policymakers.
Market Watch

Stocks to Watch: Stocks in focus for Friday
Among the companies whose shares are expected to see active trade in Friday's session are Palm, Goldman Sachs and AIG.
Market Watch

S.Korea banks see forex liquidity improving -BOK - Forbes
S.Korea banks see forex liquidity improving -BOKForbes, NYSEOUL, March 20 (Reuters) - South Korean banks have been rolling over their maturing loans without much difficulty and expect better foreign exchange liquidity conditions, the central bank said on Friday. As existing loans have been rolled over ...
Info 5000

PRESS DIGEST - China - March 20 - Forbes
PRESS DIGEST - China - March 20Forbes, NYChinese aluminium smelters are expected to sign favourable price agreements with power generators for electricity supplies that could decrease production costs by 800 yuan a tonne, industry sources said. -- Major Chinese securities brokerages are ...
Feed Digest

Dr Reddy`s: More pain in overseas markets
After outperforming the market for about a year the Rs 5,006 crore Dr Reddys Laboratories has lost some 8 per cent in a month. One reason for this could be that revenues from the Russian and CIS markets are expected to be hurt by the depreciation of the rouble, point out analysts.These markets may bring in just about 12 per cent of the firms revenues but they contribute around a fifth of the profits.
Business Standard

IMF: World, US economies to shrink - Boston Globe: Business
WASHINGTON - The world economy is expected to contract in 2009 for the first time in 60 years and governments should do more to counter the downturn, the International Monetary Fund said yesterday.
NewsRack

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