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Oil falls below $49 in Asia amid gloomy data Oil prices slipped below $49 in Asian trade Wednesday as new signs of deterioration in the world's three biggest economies _ the U.S., China and Japan _ undermined crude's recent gains. Benchmark crude for May delivery fell $1.23 to $48.43 a barrel by midday... Presented By:State of Play in Theaters April 17thIn a conspiracy keep your friends close and your enemies closer. Click to Learn More stateofplaymovie.net Ads by Pheedo SF GateThe Day Ahead Asia Pacific: Japan Tankan, Australian Retail Sales (CEP News) - All eyes will be on the Bank of Japan's Tankan survey of business conditions during the Asia Pacific trading session. Economic NewsAsian Data Highlights Severity of Economic Crisis - International Herald Tribune: Business Data from three of Asia's largest economies shows that the world is still in the midst of a severe downturn. NewsRackCapmark Financial Group Inc. Announces Extension for Filing of 2008 Form 10-K HORSHAM, Pa.--(BUSINESS WIRE)--Capmark Financial Group Inc. (“Capmark”) today announced that it has filed a Form 12b-25 with the Securities and Exchange Commission to obtain a 15-calendar day extension of Business WireDeacom, Inc.: Lubricant Manufacturer Selects Chemical Software From Deacom WAYNE, PA (MARKET WIRE) Deacom, Inc. today announced lubricant and specialty chemical manufacturer D-A Lubricant Company, Inc. has licensed the DEACOM Integrated Accounting and Enterprise Resource Planning (ERP) Software System. The DEACOM ERP System will integrate all of D-A Lubricant's business processes, including purchasing, sales, formulation, inventory control and lot tracking, production, and accounting, in a single chemical software system. Market WireAsian shares enjoy monthly gains despite dip Asia-Pacific equities were positioned to mark their biggest monthly gain in a decade despite declines in some major markets including Japan where the economic outlook continued to look gloomy FTADB sees Asia`s growth down in 2009, recovery next year Growth in Asia's developing economies will slow this year to the lowest rate since the 1997/98 financial crisis, but the world's fastest expanding region may rebound next year, the Asian Development Bank said. IB TimesBleak Outlook for Developing Asia, But Region Can Cope with Crisis ADO 2009: Economic growth will slow in 2009 to its most sluggish pace since the 1997/1998 Asian financial crisis, says Asian Development Outlook, ADB's flagship annual economic publication. adb.orgAsia Needs to Rebalance Its Growth to Endure Downturn ADO 2009: Developing Asia should rebalance growth to endure the global crisis and boost its resilience to large external shocks in the long run. adb.orgAuto shares gain in Asia Automobile shares were broadly higher in mixed regional markets Tuesday, with Honda rising 2.6%, Toyota gaining 1.3% and Yamaha adding 2.1% in Tokyo. CNN1 2 |
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