Search Results for: economy
Consumer borrowing rise to record level
October 8th, 2014
Borrowing for auto and student loans jump but credit card borrowing drops regarding US economy. U.S. consumers increased their borrowing in August in the category that covers auto loans and student loans but cut back on their credit card ...
Asian shares edge up, dollar steadies after drop
October 7th, 2014
Asian shares rose on Tuesday, while the dollar languished after investors locked in some gains on its recent rally. “European equities are set to edge lower tracking modest declines in the US overnight. The small negative start belies the ...
Australia 200 – Drops Sharply to Eight Month Low Below 5200
October 7th, 2014
Australia 200 for Tuesday, October 7, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
Cybersecurity training ‘essential’ for lawyers
October 7th, 2014
Government urges lawyers and accountants to develop skills to defeat computer attacks. Solicitors urgently need to develop skills to protect their clients and themselves from cyber attacks, urges the government and Law Society. They are to make available a ...
German industry production slumps as fears mount
October 7th, 2014
German industrial production contracted 4 per cent in August, the biggest decline in over five years and much worse than expected – fuelling fears that even the eurozone’s economic powerhouse is now flirting with a recession. Germany’s economy unexpectedly ...
Australian dollar higher despite RBA comments
October 7th, 2014
The Australian dollar was higher in late trade on Tuesday, helped by some emerging weakness in the greenback. Comments by the Reserve Bank of Australia that the currency remains overvalued when measured against recent falls in key commodity prices ...
Corporate deals set to return to pre-crisis levels
October 6th, 2014
After a year that’s been awash with multi-billion dollar deals, the number and value of mergers and acquisitions looks set to return to pre-crisis levels over the coming 12 months, consulting firm EY said Monday. In its biannual Global ...
Dollar Is 0.2% From 2-Year High on Policy Divergence Bets
October 6th, 2014
The dollar was about 0.2 percent from a two-year high versus the euro as U.S. job gains highlighted the divergence in monetary policy between the Federal Reserve and the European Central Bank. The euro weakened versus higher-yielding currencies as ...
Asian markets rebound on positive US jobs data
October 6th, 2014
Asian markets rebounded from a string of declines on Monday after stronger-than-expected US payroll data. US Labor Department figures showed 248,000 jobs were created in September and the unemployment rate dropped to a six-year low of 5.9%. Japan’s Nikkei ...
Canadian company lays out defense case for its jailed CEO
October 6th, 2014
Defense lawyers for a Canadian executive sentenced to 15 years prison in Cuba on bribery and other charges released a raft of documents on Sunday seeking to bolster their case that Cy Tokmakjian was denied a fair trial. The ...
