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Japan car sales seen hitting 34-year lows - Economic TimesTOKYO: Sales of new cars in Japan are likely to skid to a 34-year low in 2008 as the economic slump takes its toll on consumer spending, the Nikkei business daily reported on Saturday. Japan slid into its first recession in seven years in the third ...
Investors face slim pickings for fixed-income options - Globe and MailThis flight-to-safety theme in financial markets is murder on small investors. Have you checked out the return lately on federal government treasury bills, the closest thing there is to a risk-free investment? One-year T-bills offer yields of about 1 ...
Timeline: Global credit crunch - BBC BusinessMost analysts link the current credit crisis to the sub-prime mortgage business, in which US banks give high-risk loans to people with poor credit histories. These and other loans, bonds or assets are bundled into portfolios - or Collateralised Debt ...
IN BRIEF: News around Downriver - News-HeraldThe Detroit Zoo will be open from 10 a.m. to 4 p.m. daily through March 31, though it’ll be closed on Christmas and New Year’s Day. Winter visitors often find that when the temperature drops, many of the animals become more active outdoors. There ...
European shares fall on weak data - News.com.auEUROPEAN stocks closed slightly lower overnight, snapping a 2-day winning streak as concerns about the likelihood of a deep global recession outweighed prospects for massive stimulus plans. The FTSEurofirst 300 index of top European shares closed ...
Continuous news, views, and abuse by the Reason staff - Reason.comThe great, unlamented mascot of Pets.com and the tech bubble, Sock Puppet, comes to Congress with a paw out for taxpayer money and inadvertently suggests a way forward through the current moment that doesn't involve massive giveaways. Approximately ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. Seems there’s trouble in the Citi. The WSJ reported this morning that the board of financial giant is growing increasingly dissatisfied with ...
Open Thread - News BustersFor general discussion and debate. Possible talking point: Thanksgiving Eve. With the economy and stocks in the dumps, and socialism on the march, what are you thankful for, and what are you thinking on the Eve of the holiday season kicking off? Are ...
Jerome Chen's blog - Foreign Policy BlogsAs the global economic environment continues to worsen, the People's Bank of China has cut its key one year interest rate by 1.08 percent to 5.58 percent. It has also lowered the required reserve ratio that banks must maintain. This comes as the ...
Rebellion over SNP finance package grows in public and private sectors - ScotsmanPRESSURE continued to mount on the Scottish Government yesterday as business and council leaders drew battlelines over SNP policy. As revealed in The Scotsman, leaders of Scotland's leading business organisations, known as the Group of Six, met with ...
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