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  • Deflation returns to Japan as rates stay low

    TOKYO (AFP) - Japan's central bank left its super-low interest rates unchanged on Friday as the government declared for the first time in more than three years that Asia's biggest economy is in a phase of deflation.

    November 20, 2009, 9:49 pm
  • Govt still chasing FTA with China: Crean

    The OECD's latest upbeat appraisal of Australia emphasises the importance of a formal trade agreement with China, the federal government says.

    November 20, 2009, 5:37 pm
  • World recover 'modest', debt must stop: OECD

    PARIS (AFP) - China, Asia and the United States are pulling the world out of an economic vortex with surprising if "modest" speed, the OECD declared on Thursday.

    November 20, 2009, 3:42 am
  • World recovery 'modest', debt must stop: OECD

    PARIS (AFP) - China, Asia and the United States are pulling the world out of an economic vortex with surprising if "modest" speed, the OECD declared on Thursday.

    November 20, 2009, 12:43 am
  • Worst house building slump since WW II

    The Housing Industry Association says Australia is experiencing the longest slump in new home building in its post-war history.

    November 18, 2009, 1:08 pm
  • Survey shows faster than expected recovery

    A new private sector survey shows Australia's economic recovery may be faster than expected.

    November 18, 2009, 12:28 pm
  • Capital flows to US surge despite dollar weakness

    WASHINGTON (AFP) - Foreign investment in US bonds and other long term investments, including from China, rose beyond expectations despite concerns over the weakness of the dollar, official data showed Tuesday.

    November 18, 2009, 7:15 am
  • RBA poker-faced over December rate rise

    The Reserve Bank has given no strong hints about its interest rate intentions for December in the minutes from last meeting.

    November 17, 2009, 11:56 am
  • US market surge points to further local gains

    Wall Street has gained more than 1 per cent because of solid retail sales data, higher commodity prices and expectations that interest rates will stay low.

    November 17, 2009, 9:37 am
  • Fed seeking to ensure strong dollar: Bernanke

    WASHINGTON (AFP) - The Federal Reserve is striving for a strong dollar in an effort to ensure financial stability, chairman Ben Bernanke said Monday in the face of growing complaints about the sliding greenback.

    November 17, 2009, 7:13 am
  • Japan's economy posts strongest growth since 2007

    TOKYO (AFP) - Japan announced Monday its best economic growth in more than two years during the latest quarter, boosting hopes the global economy is getting back on its feet after the worst recession in decades.

    November 17, 2009, 1:07 am
  • Obama vows 'serious' bid to cut US deficit

    SINGAPORE (AFP) - President Barack Obama on Sunday vowed to take "serious steps" to cut the huge US budget deficit, which is complicating America's economic recovery hopes and threatening his own political prospects.

    November 16, 2009, 5:39 am
  • Europe expected to exit recession

    Europe's deepest recession since World War II should officially come to an end on Friday when the EU publishes figures expected to show a return to growth.

    November 13, 2009, 2:11 pm
  • Unemployment rise no surprise: Gillard

    Australia's economy is not yet growing fast enough to stop unemployment rising, the government says.

    November 12, 2009, 4:43 pm
  • Qld unemployment falls to 6pc

    Queensland Treasurer Andrew Fraser has told Parliament the state's unemployment rate has fallen from 6.3 to 6 per cent, in seasonally adjusted terms.

    November 12, 2009, 1:48 pm
  • Chinese industry boosts global markets

    All eyes have been on China overnight with news of a jump in Chinese factory output boosting investor sentiment around the world.

    November 12, 2009, 9:14 am
  • Europe sets down firm deficit deadlines

    BRUSSELS (AFP) - The European Commission on Wednesday gave 13 countries -- including Britain, France and Germany -- firm deadlines to bring bloated public deficits back under tight control.

    November 12, 2009, 4:58 am
  • Slovaks find downside of eurozone

    KRALOVSKY CHLMEC, Slovakia (Reuters) - When Slovakia adopted the euro in January, Alexander Joszay loved driving across the border to Hungary, where financial crisis had weakened the forint to deliver lower prices for euro-earners.

    November 11, 2009, 11:51 pm

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