Gaza War Less a Threat to Israel Economy Than Lebanon

Israel’s assault on Hamas in the Gaza Strip may be less of a threat to its economy than the war against Lebanon’s Hezbollah two […]

Mortgage applications soar 48% - rates fall

Near record low mortgage rates sent mortgage applications shooting higher last week, especially for refinances, according to an industry report.
The Mortgage Bankers Association reported […]

Indian Inflation Eases to Nine-Month Low on Oil Costs

India’s inflation slowed to a nine- month low, giving the central bank room to cut interest rates further to support a faltering economy.
Wholesale […]

Thai Exports Shrink Most in 17 Years on Global Slump

Thailand’s exports in November contracted the most in at least 17 years as a global recession cooled demand and the closure of the country’s […]

Obama to Name Solis to Labor Post, Kirk as Trade Representative

President-elect Barack Obama is set to wrap up his Cabinet choices by naming U.S. Representative Hilda Solis of California as his pick for labor […]

German December Business Confidence Lowest Since 1982

German business confidence dropped to the lowest in more than a quarter century in December as the credit crisis pushes Europe’s largest economy deeper […]

Singapore’s Exports Decline on Electronics, Drugs

Singapore’s exports fell the most in more than six years in November as weakening orders for electronics and drugs from developed and emerging markets […]

‘Hopeless’ Pound Forces Britons to Pay More for Trips

Country musician Rob Childs shook his head in disbelief after buying euros at London’s St. Pancras International train station.
After paying commission, he got […]

Zuma Pressed to Break South Africa Budget for Jobless

Peterson Lengana and hundreds of his co-workers are bracing for the loss of their jobs at the Limpopo platinum mine in South Africa’s resource-rich […]

Finnish Growth Slows on Falling Exports, Spending

Finland’s economy grew at the slowest pace in three and a half years in the third quarter, less than forecast by economists, as exports […]