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Chinese growth quickens in Q3, as expected Beijing (Reuters) - China's economic growth picked up as expected last quarter as a potent cocktail of breakneck investment and buoyant bank lending more than made up for a slump in exports, the government said on Thursday. ReutersAsian markets drop after Wall Street weakness Asian stock markets dropped Thursday as weakness on Wall Street and confirmation of China's economic recovery led investors to take profits from a recent rally. Major markets were lower by about 1 percent, while oil retreated from a 2009 high and the dollar... Sponsored Topics: Wall Street - Stock market - China - Business - Investing SF GateNikkei Slips But Australia Resilient Asian share markets fell Thursday after weakness on Wall Street, though Australian stocks held their ground as investors bet on a quick economic recovery. The Nikkei slipped 1%. Wall Street JournalCredit Suisse has $2.4 billion gain in 3Q ZURICH, Switzerland (AP) -- credit Suisse Group reported 2.4 billion Swiss franc ($2.4 billion) in net income during the third quarter Thursday as it continued strengthening its position following losses caused by the economic crisis.... Market WatchThe 40 Strongest U.S. Metro Economies The 40 U.S. metros with the strongest economies based on job growth, employment, economic growth, and home prices BusinessWeekFed sees signs that growth is stirring Washington » Improvements in housing and manufacturing are driving the early stages of economic recovery amid cautionary signals on the labor front, according to a Federal Reserve survey released Wednesday. The Salt Lake TribuneEuro tops $1.50, at 14-month high The dollar slumped Wednesday, with the euro rising above $1.50 for the first time in 14 months, as optimism about the global economic recovery boosted demand for higher yielding currencies. CNNCurrency Market Focuses on Global Recovery The euro is holding above the key $1.50 level, and stocks and crude oil are also up, amid increased signals that the economic recovery is taking hold, even in those countries worst hit by the credit crisis. Wall Street JournalA sticking plaster for the planet However impressive someone is, however many excellent and entertaining books they might have sold, never believe anyone who tells you there might be a quick fix to global warming.It's hard to deny that Steven Levitt, an economist at the University of Chicago, and the journalist Stephen Dubner know a thing or two about applying economics to unlikely situations. In their latest book, Superfreakonomics, the pair take on global warming, and argue that technology is our best bet in dealing with it.Specifically, they get excited about floating hoses that can shoot aerosols into the upper atmosphere to reflect away sunlight, cooling the Earth by a few degrees.World-changing the easy wayWhere the former World Bank economist Nicholas Stern has calculated the penalty of not dealing with a warming world through fiscal and political policies - and in the process changed the priority the political world gave to the issue - Levitt and Dubner have focused their economic nous on human behaviour. In s GuardianFed Survey Shows Signs Of Economic Recovery The Federal Reserve's latest snapshot of business conditions nationwide found many sectors of the economy either stabilized or logged modest improvements over the last six weeks. The housing and manufacturing sectors showed the most improvement, while the commercial real estate market and consumer spending remained weak. NPR1 2 3 |
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9th of September 2009 - Interview of Feedzilla's founder at the IFA in Berlin. [More]
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