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Geithner sees `global storm` abating
Tim Geithner identifies 'encouraging signs' in the US economy and a better outlook internationally, adding there would be a reduced role for a key US programme to stimulate the market for toxic assets and loans
FT

Pound responds to upbeat housing data
The pound advanced as housing data showed further signs that the worst of the economic slowdown might be over.
FT

Unions set to take stake in Air Canada
Three of airline's five unions sign deal to take 10% stake in company; pilots, attendants are still on the fence
The Globe and Mail

Reality check
More and more people around the world are inclined to believe that the worst of the economic crisis is over, and that the signs of recovery are in the air. In India, the sense of optimism has been reinforced by the rather unexpected political outcome, which potentially frees the government of the many constraints it operated within during its previous term. Anticipation is building up about a breakthrough Budget, which will add momentum to the virtuous circle of evidence and expectations. However, before the book is closed on the meltdown, it would be prudent to do a reality check on the state of the economy, toting up the negative signals along with the positive.
Business Standard

Problem of plenty for QIPs
The qualified institutional placement (QIP) party that started in mid-April with Unitechs highly successful issue is already showing some signs of fatigue.
Business Standard

Private surveys show bright spots in job market
Signs of stabilization in the job market are emerging, according to several private surveys, as restaurants, mortgage servicers and health centers step up hiring.
Msn

Geithner sees force of `global storm` abating - Financial Times US
Tim Geithner identifies 'encouraging signs' in the US economy and a better outlook internationally, adding there would be a reduced role for a key US programme to stimulate the market for toxic assets and loans
NewsRack

Overview: Doubts over recovery spur bonds rebound
Government bonds stage broad rebound and dollar retreats as investors question whether signs of economic improvement justify talk of higher US interest rates
Financial Times

Geithner sees `global storm` abating for US economy - Financial Times US
Tim Geithner identified 'encouraging signs' in the US economy and a better outlook internationally yesterday, adding that there would be a reduced role for a US...
NewsRack

Signs of life seen in Greater Baltimore home prices
Home prices in Greater Baltimore and nationally are showing signs of leveling off, while still down significantly from where they stood even a year ago, according to a report issued Tuesday.
Biz Journal

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