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| | | The Grinch may be stealing Xmas from Europe but Santa Claus is coming to town in America. Yes folks, we're still so many sleeps away from the 12 days of Christmas but I'm already on Christmas countdown - I'll explain why later. And yes to you too gentle ... |
| | | | SYDNEY- Australian stocks were in negative territory at noon, with the nation's big retail banks and major miners leading the broader market lower. At 1209 AEDT, the benchmark S&P/ASX200 index was down 16.5 points, or 0.38 per cent, at 4,288.1 points ... |
| | | | ... 3.30 IMF forecast 2009 -3.50 -4.30 -6.30 -5.10 -5.20 -2.60 -4.90 1.40 year average Noticed anything? The economies of these big nations plummeted, big time at the same time from the second quarter of 2008 to the first quarter of 2009 - most were still ... |
| | | | SYDNEY - The Australian market looks set to open lower, following the overnight lead of Wall Street and the European markets. Investors appear cautious, tracking Italian and Greek political developments as the eurozone debt crisis rumbles into Spain ... |
| | | | ... driving the global economy. "The Euro area is in serious trouble, the US isn't doing too well, and China is doing OK but has big risks, hence qualified caution about where the world is heading," said Thirlwell. Warren Hogan, chief economist, ANZ, believed ... |
| | | | ... global markets were clearly focused on Italy at the moment. "They're the Eurozone's third biggest economy. Some say they're too big to bail out, which is basically what's spooking markets across the globe. "We saw a massive slide in US markets and this ... |
| | | | Professionals in the superannuation industry need to take the lead in guiding the public through the challenges currently facing the sector, delegates at the 2011 ASFA conference heard. That's according to former chief of the defence forces and Qantas ... |
| | | | OMG! We're really in trouble now, Italian-sized big trouble. Italy - the economy that's considered too big to bail - looks like it's gonna need one as the yield on its 10-year government bonds surged past the 7% bailout mark. Italian 10-year bonds rose ... |
| | | | ... table to petro-dollar economy bond markets, into smaller European country markets or Asia. These dynamics imply Asia could be big secondary winners notwithstanding that region's inflation worries. Food and fuel prices across the region have jumped an ... |
| | | | Pessimism about the outlook for global growth has significantly worsened since March, according to a survey of institutional clients by global investment management firm PIMCO. PIMCO surveyed clients before its recent Macroeconomic Forum and asked respondents ... |
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