“The contraction in manufacturing activity in the Eurozone accelerated in October,” is the title of the latest survey by the Markit Economics published on Wednesday. The final sector PMI stood below the 50, boundary between the zone of expansion and contraction, and this for the third consecutive month to 47.1 against 47.3 in the flash estimate. This [...]
Nov 2 2011 | Posted in
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Wall Street began Tuesday, after a bad run downward.The operators are considering the interventions Fed officials, pending its chairman Ben Bernanke who will speak in Atlanta, Georgia. The DJIA is currently 0.65% to 12,169 pts, while the Nasdaq gained 0.61% to 2719 pts. Richard Fisher, president of the Dallas Fed, confirmed on Tuesday its opposition to a [...]
Jun 7 2011 | Posted in
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After taking the brunt of the crisis, the attractiveness of France took advantage of the global economic recovery and rebound of trade. The French Agency for International Investment (AFII) identified 782 foreign investment projects that create new jobs in 2010, a level not seen during the last fifteen years. After three years of relative stability, the number [...]
Mar 28 2011 | Posted in
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The New York Stock Exchange on Monday signed a second day’s sharp decline against the continued rise in oil prices, which raises concerns for economic recovery: the Dow Jones lost 0.66% and the Nasdaq 1.40 %. According to final figures, the Dow Jones Industrial Average dropped 79.85 points to 12,090.03 points and the Nasdaq, dominated [...]
Mar 8 2011 | Posted in
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Following fear of the effect of the events in the Arab world, the Paris Bourse has attempted to regain his senses this week thanks to good economic figures, but oil was still played spoilsport and should continue to weaken the market. On Friday in the other, the CAC 40 surrendered 1.2% to 4020.21 points to [...]
Mar 5 2011 | Posted in
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The New York Stock Exchange closed lower on Friday under pressure from a new surge in oil prices, despite falling unemployment in the United States. The Dow Jones lost 0.72% and the Nasdaq 0.50% . According to final figures from closing, the Dow Jones Industrial Average dropped 88.32 points to 12,169.88 points and the Nasdaq, [...]
Mar 5 2011 | Posted in
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OTTAWA — The Bank of Canada said Tuesday the economy is growing at a “slightly†faster pace than expected as signs emerge of a recovery in exports although that remains at risk due to a high dollar and poor productivity. Strength in commodity prices, which is a driving factor behind the Canadian dollar, could get [...]
Mar 1 2011 | Posted in
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Koreans’ purchases of overseas real estate surged last year as investment sentiment rebounded thanks to the global economic recovery, the Finance Ministry said yesterday. Investments in overseas real estate stand in stark contrast to the stagnant real estate transactions within the country. The real estate market in Korea has remained lukewarm despite the government’s efforts [...]
Feb 16 2011 | Posted in
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ECONOMY – Exports are divided on the rise in 2010 … French exports of wines and spirits have risen dramatically in 2010 thanks to economic recovery and dynamism of Asia. China in particular among the top 5 importing countries, according to figures released Monday by theprofessionals. 9 billion euros Exports of wines and spirits amounted to [...]
Feb 14 2011 | Posted in
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SINGAPORE World oil prices stayed above $100 a barrel in Asian trade Tuesday on fears the escalating uproar in Egypt will interrupt supply flows through the strategic Suez Canal. Prices barrelled through the rational threshold overnight for the first time since the 2008 economic crisis as protests in Egypt demanding the elimination of President Hosni Mubarak mounted. [...]
Feb 1 2011 | Posted in
Business |
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