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China should weigh inflation

BEIJING - China must balance the need to control inflation and keep its vast economy growing although any policy steps would need time to take effect, its central bank governor chief said on Friday.Speaking just two days after China raised interest rates for the third time this year, Governor Zhou Xiaochuan noted the country’s June inflation data, to be released today, may be higher because of a low...
Source : Khaleej Times | 313 Day(s) Ago
Category : Business

Swine flu way up after low year

MEXICO CITY (AP) — Mexico's federal health secretary says swine flu cases in January have surpassed the number for all of 2011, a year when the virus barely appeared worldwide.Salomon Chertorivski Woldenberg says there have been 1,623 cases of all strains of flu in Mexico so far in January, 90 percent of them H1N1.It...
Source : Bignewsnetwork | 107 Day(s) Ago
Category : Health

Interest rates on 15-year home loans hit new lows

Average interest rates on 30-year, fixed-rate home loans hit a new low at 3.91 percent this week, while 15-year, fixed-rate mortgages stayed at its record low,The...
Source : Bignewsnetwork | 148 Day(s) Ago
Category : Business

UAE markets end higher as traders pick up cheap stocks

markets edged higher from Wednesday's multi-year lows as traders picked up cheap stocks, but activity was muted with volumes in Dubai at a two-week low.The...
Source : Bignewsnetwork | 148 Day(s) Ago
Category : Business

Oil loses 2.4%, natural gas up 10% on week

Oil futures closed lower Friday as weak data out of China and ongoing demand concerns pulled prices to their lowest settlement of the year.Vladimir...
Source : Bignewsnetwork | 7 Day(s) Ago
Category : Business

European stocks slip; miners, banks decline

LONDON (MarketWatch) -- European stock markets pulled back Monday, led lower by banks and miners, as China cut its economic growth forecast to its lowest level in eight years.The...
Source : Bignewsnetwork | 74 Day(s) Ago
Category : Business | City : London

Natural gas back at 10-year lows after supply data

Natural-gas futures on Thursday returned to 10-year lows after a supplies report showed a lower-than-expected weekly decline.While...
Source : Bignewsnetwork | 71 Day(s) Ago
Category : Business

Mortgage price war sees rates hit record lows as banks try to kick-start housing market

Mortgage price war sees rates hit record lows as banks try to kick-start housing marketPrice war: Rates on five-year and ten-year fixes have plunged to the lowest ever level in the past weekA mortgage price war has seen rates hit record lows as banks desperately try to kick-start Britain’s housing market.Rates on five-year and ten-year fixes have plunged to the lowest ever level in the past week.Y...
Source : dailymail | 107 Day(s) Ago
Category : Business

Canadian stocks close at year-low on Greece woes

closed Tuesday at a new low for the year, succumbing to world-wide concerns...
Source : Bignewsnetwork | 10 Day(s) Ago
Category : Business

European Shares Pare Losses, Euro Weakens Ahead of Economic Data

climbed, extending the Stoxx Europe 600 Index's rally from a two-year low, while...
Source : Bignewsnetwork | 280 Day(s) Ago
Category : Business
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