IBEC slashes growth forecast as consumer spending set to fall 2pc
ECONOMY Business lobby group IBEC has cut its growth forecast for this year from 1.6pc to 0.9pc. In its first quarterly economic outlook of 2012, it said consumer spending was set to fall by a further 2pc in 2012, before recovering by 0.5pc in 2013. Themore
Bankers cheer game changer with ECB cash at year-end
Daily Newspaper published by Gulf Publishing & Printing Co. Doha, Qatarmore
Krung Thai Bank Cuts Key Interest, Lending Rates By 12.5 Bps Monday
Source: Fox Business BANGKOK ? Krung Thai Bank PCL (KTB.TH), Thailand's second-largest bank by assets, Monday cut its savings and several key lending rates by 12.5 basis points each with immediate effect.The bank is the first commercial bank to slashmore
Krung Thai Bank Cuts Key Interest, Lending Rates By 12.5 Bps Monday
Share this page BANGKOK ? Krung Thai Bank PCL (KTB.TH), Thailand's second-largest bank by assets, Monday cut its savings and several key lending rates by 12.5 basis points each with immediate effect.The bank is the first commercial bank to slash itsmore
Krung Thai Bank Cuts Key Interest, Lending Rates By 12.5 Bps Monday
BANGKOK Krung Thai Bank PCL (KTB.TH), Thailand's second-largest bank by assets, Monday cut its savings and several key lending rates by 12.5 basis points each with immediate effect.The bank is the first commercial bank to slash its rates after the Bankmore
EU leaders to agree on permanent bailout fund at summit
The summit is expected to announce up to ?20 billion will be used on creating jobs and growth. (REUTERS) EU leaders will sign off on a permanent rescue fund for the euro zone at a summit on Monday and are expected to agree on a balanced budget rule inmore
Security vital to economic growth
Security is one of the pillars of economic development, Interior Minister Lt General Shaikh Rashid bin Abdulla Al Khalifa said yesterday. He added that the recent acts of vandalism had affected the country?s economy. ?Those who wish to express theirmore
India to focus on fiscal consolidation in budget-TV
Jan 30 (Reuters) - India's finance ministry is likely to focus on fiscal consolidation in the coming annual budget, Montek Singh Ahluwalia, deputy chairman of the Planning Commission, said in an interview to CNBC-TV18. Containing subsidies is not an easymore
India to focus on fiscal consolidation in budget
Reuters ? 5 minutes ago Latest Slideshows 24 photos - 23 hours ago 6 photos - Sat 28 Jan, 2012 REUTERS - The finance ministry is likely to focus on fiscal consolidation in the coming annual budget, Montek Singh Ahluwalia, deputy chairman of themore
Economists: Trade Tensions May Increase
Trade tensions between China and the United States may be exacerbated by the global financial outlook and US election politics, economists said. "What I worry about are trade tensions between China and the US," Stephen Roach, senior research fellow atmore
Sri Lanka won't draw balance of IMF loan-cbank
COLOMBO, Jan 30 (Reuters) - Sri Lanka, which is in a standoff with the International Monetary Fund over exchange rate policy, will not draw the remaining $800 million of the global lender's $2.6 loan due to the high interest rate, Central Bank Governormore
TABLE-Philippines Q4 GDP growth and historical data
MANILA, Jan 30 (Reuters) - Following are details of the fourth quarter 2011 GDP data announced by the Philippines on Monday. Last year, the government shifted to a new data series calculated using prices in the year 2000 as base. All previous data havemore
Krung Thai Bank Cuts Key Interest, Lending Rates By 12.5 Bps Monday
Share this page BANGKOK ? Krung Thai Bank PCL (KTB.TH), Thailand's second-largest bank by assets, Monday cut its savings and several key lending rates by 12.5 basis points each with immediate effect.The bank is the first commercial bank to slash itsmore
Asia stocks fall as US economic growth falls short
BANGKOK -- Asian stock markets fell Monday, with slower-than-expected growth in the U.S. and uncertainty about a tentative deal to resolve Greece's debt crisis weighing on investor sentiment. Japan's Nikkei 225 index fell 0.6 percent to 8,785.22. Southmore
The Consequences of Denying Reality in a Bernanke Economy
Anything happen in the markets yesterday? To tell the truth, we forgot to check. Let's have a look now, then... Dow up by 80-something points. A barrel of the world's currently-preferred , sits pretty at $100, on the nose. Nothing much, in other words.more
Sri Lanka won't draw balance of IMF loan-cbank
COLOMBO, Jan 30 (Reuters) - Sri Lanka, which is in a standoff with the International Monetary Fund over exchange rate policy, will not draw the remaining $800 million of the global lender's $2.6 loan due to the high interest rate, Central Bank Governormore
UPDATE 1-Manila tops Q4 GDP forecast at 0.9 pct, gives cbank room
By Karen Lema MANILA, Jan 30 (Reuters) - The Philippine economy grew slightly faster than expected in the last quarter of 2011, giving the central bank room to consider further easing of monetary policy soon to counter the impact of the global slowdown.more
UPDATE 1-Manila tops Q4 GDP forecast at 0.9 pct, gives cbank room
By Karen Lema MANILA, Jan 30 (Reuters) - The Philippine economy grew slightly faster than expected in the last quarter of 2011, giving the central bank room to consider further easing of monetary policy soon to counter the impact of the global slowdown.more
Trade tensions may increase: economists
DAVOS, Switzerland - Trade tensions between China and the United States may be exacerbated by the global financial outlook and US election politics, economists said."What I worry about are trade tensions between China and the US," Stephen Roach, seniormore
IMF seeks funds for EU debt relief
DAVOS, Switzerland - In response to widespread anxiety over funding sources for debt relief in Europe, the head of the International Monetary Fund gave assurances that "many countries" have committed to contributing financial resources. Christinemore
Call to adjust interest rates
BEIJING - A former senior legislator has proposed that the authorities adjust interest rates to prevent inflation from eroding savings.Cheng Siwei, former vice-chairman of the Standing Committee of the National People's Congress, the top legislature,more
Asia stocks fall as US economic growth falls short
BANGKOK - Asian stock markets fell Monday, with slower-than-expected growth in the U.S. and uncertainty about a tentative deal to resolve Greece's debt crisis weighing on investor sentiment. Story tools Font size : A | A | A tool name tool goes heremore
Asia stocks fall as US economic growth falls short
BANGKOK?Asian stock markets fell Monday, with slower-than-expected growth in the U.S. and uncertainty about a tentative deal to resolve Greece's debt crisis weighing on investor sentiment. Japan's Nikkei 225 index fell 0.6 percent to 8,785.22. Southmore
Asia stocks fall as US economic growth falls short
Topics: Economic Indicators, Economy, Chinese New Year, Stock Exchanges Tags: economic growth, Hang Seng, angel investor, New York Mercantile Exchange, mainland China, Greece By PAMELA SAMPSON A Have more to add? News tip? Tell us AP Business Writermore
Asia stocks fall as US economic growth falls short
Asian stock markets fell Monday, with slower-than-expected growth in the U.S. and uncertainty about a tentative deal to resolve Greece's debt crisis weighing on investor sentiment. Japan's Nikkei 225 index fell 0.6 percent to 8,785.22. South Korea'smore
Asia stocks fall as US economic growth falls short
Latest local news Delayed development promises jobs, traffic 11:00 p.m. Early voting begins ?Tuesday 10:51 p.m. Possible suicide victim?s body found along bike path 10:38 p.m. Wireless microphone systems need replacing after FCC sells bandwidth 10:35more
Greece no to Germany?s plan for EU ?budget tsar?
Angry row ahead of summit as Athens rejects outside help FOREIGN STAFF GREECE yesterday angrily shot down a German proposal that it cede fiscal policy to a "budget commissioner" with veto powers, in a new row that could determine whether Athens receivesmore
Japanese Stocks Drop for Third Day as U.S. GDP Trails Forecast
Jan. 30 (Bloomberg) -- Japanese stocks fell for a third day after the U.S. economy expanded less than forecast, dimming the earnings outlook for Asian exporters of cars and electronics. Sony Corp., which depends on the U.S. for a fifth of its sales, fellmore
Rajoy will stress Spain's 'total commitment' to EU economic policy during Brussels summit
SPANISH president Mariano Rajoy is due to attend his first-ever European summit meeting today Monday, during which he will announce the country's 'total commitment' to the EU's budget stipulations. The Council of ... 0 reactions to this article 0more