Category Archives: Economy News

China’s Economy Growth Slows Down

Posted on February 9, 2011 by admin

Only one day after China Prime Minister; Wen Jiabao, expressed China’s economic recovery remained on track. The government announced otherwise on Thursday (1 / 7). National Statistics Bureau, yesterday, reported the purchase manager index (PMI) in June fell to a … Continue reading →

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Euro Fell Coming to Bank Test Results Released

Posted on July 22, 2010 by admin

The European single currency fell against the dollar on Wednesday; hit by jitters ahead of the results of endurance test banks and the European bank concerns that slowing economic recovery. Dealers said the results of stress tests are largely expected … Continue reading →

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Dollar Value Weakens, Oil Prices Shoot Up

Posted on July 14, 2010 by admin

World oil prices turned up (rebounding) strongly on Tuesday (07/23/2010), because the U.S. dollar weakens and demand for commodities is projected to increase. New York’s main contract, light sweet crude for August delivery, jumped 2.20 dollars to 77.15 dollars per … Continue reading →

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Economic Strengthening Spread over the entire of Asia

Posted on July 7, 2010 by admin

Asian economies will “grow fast enough” after the next two decades, with Indonesia and Vietnam emerged as a new star on the back of the “powerhouses” of China and India, HSBC chairman Stephen Green said. “Asia is not only a … Continue reading →

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