Just as markets fret and worry about the health of the global economy , and
especially countries like Greece, Italy, Spain, the UK and Japan, along
comes an optimistic report on the state of the world from a premier
international talk shop Friday saw more volatility in markets and
AFP There are growing signs of economic recovery in the world's biggest
economies, the OECD says, on the basis of its index of leading indicators. The
OECD said on Friday its Composite Leading Indicators for December "provide
stronger signals of an expansionary economic outlook than
Feb. 5 (Bloomberg) -- Canada’s dollar rose against most of its major
counterparts including the Australian and New Zealand currencies as the
nation’s employers added more jobs in January than economists forecast. The
loonie erased its gains versus the U.S. dollar and yen on reduced
There are growing signs of economic recovery in the world's biggest economies,
the OECD says, on the basis of its index of leading indicators . The OECD said
on Friday its Composite Leading Indicators for December "provide stronger
signals of an expansionary economic outlook than
Higher-than-expected costs and rebates caused MasterCard Inc's quarterly
earnings to fall short of Wall Street forecasts on Thursday, driving shares of
the world's No. 2 credit card network down 8.6 per cent. The shares hit a
two-and-a-half-month low despite a 23 per cent jump in
Crude oil tumbled the most in six months as the US dollar gained and a drop in
stocks bolstered skepticism that the economic recovery will be sustained. Oil
fell as much as 5.9 per cent as the greenback climbed versus the euro, curbing
the appeal of commodities as an alternate
The shares hit a two-and-a-half-month low despite a 23 per cent jump in
fourth-quarter profit. A weak US dollar and rebound in global debit and credit
card spending late last year boosted revenues, but MasterCard's results paled
next to those of rival Visa Inc, which well surpassed
By Michael Patterson Feb. 4 (Bloomberg) -- Investors should avoid the euro
because the region’s finances hinder its ability to adjust to changes in the
global economy, said Pacific Investment Management Co.’s Michael Gomez . The
euro weakened to its lowest level since June against
Feb. 4 (Bloomberg) -- The euro weakened to its lowest level since June against
the dollar after European Central Bank President Jean-Claude Trichet said the
economic outlook is subject to “uncertainty.” The single currency fell against
the yen after Trichet said some governments in
By Bo Nielsen Feb. 4 (Bloomberg) -- The euro weakened to its lowest level since
June against the dollar after European Central Bank President Jean-Claude
Trichet said the economic outlook is subject to “uncertainty.” “If any of the
negative events in Europe come through, the
AFP There are growing signs of economic recovery in the world's biggest
economies, the OECD says, on the basis of its index of leading indicators. The
OECD said on Friday its Composite Leading Indicators for December "provide
stronger signals of an expansionary economic outlook than
