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Aust shares lose 1.2% for the week

The Australian sharemarket slipped 1.2 per cent in the first week of the historically quiet September, as the Reserve Bank of Australia (RBA) appeare[...] read more »
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US unemployment rate at 9.7 percent

The unemployment rate in the US rose to 9.7 percent in August, its highest level since 1983, as the economy shed 216,000 jobs. Economists had anticip[...] read more »
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Gold prices dip after 6-month high

Gold prices cooled off Friday slightly after surging to a six-month high the day before read more »
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U.S. Recovery Leaving Workers Jobless May Spur Company

Employers kept Americans’ working hours near a record low in August, signaling that economic growth is poised to reward companies with added profits [...] read more »
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Oil edges up as dollar weakens late in day

Oil prices edged slightly higher yesterday after the government reported the fewest monthly job losses in a year. read more »
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US : Housing Bubble - Then and Now

Am I seeing things...? Are things actually... improving? Could it be that Uncle Sam's (in)famous economic stimulus package is... working? Are the go[...] read more »
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Strong US lead drives stocks sharply higher

The Australian sharemarket has opened higher this morning today after a strong lead from United States markets and in anticipation of more encouragin[...] read more »
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Yen out of favor on recovery optimism

The yen was broadly lower on Monday as optimism about the global economy saw investors increase bets on currencies linked to global growth and higher[...] read more »
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Recession in UK seems 'at an end'

Confidence among business professionals has seen the biggest rise for two years, suggesting the UK recession is at an end, a survey has said. read more »
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Better outlook for economy provides hope

After a long period of economic uncertainty, things are looking a little better both locally and nationally, although it may not yet be time to break[...] read more »
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Dollar, Yen Decline as Recovering Economy Damps Refuge Demand

The yen and dollar fell against the euro on growing optimism the global economy is recovering from recession, easing demand for the currencies as a r[...] read more »
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Forex News: Aussie dollar opens high on Friday

Cool winter winds may be blowing in Sydney but the Australian dollar is on fire at the moment and opens on Friday at 0.8190. read more »
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Dollar, Yen May Weaken as Retail Gain Spurs

The dollar and yen may extend their declines versus the euro after a gain in U.S. retail sales and a drop in initial jobless claims encouraged invest[...] read more »
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High dollar threatens return to growth

The Reserve Bank believes the economy will start growing again by the December quarter but the recovery will be slow and fragile. read more »
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Canada sees debt/GDP ratio climbing again

Canada's ratio of debt to gross domestic product will rise again this year after a long string of declines, the federal government's budget update [...] read more »
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