“We expect prices to stagnate, if not fall outright, in the second half of this
year,” Jamie Dannhauser , a London-based economist at Lombard, wrote in a note
today. “Effective housing demand remains heavily constrained by a lack of
mortgage credit, particularly for first-time
A senior economist says the economic risk to Australia from sovereign debt
problems in parts of Europe is very low. But Joshua Williamson from CitiGroup
says Australia's trade is heavily weighted to Asian economies , so the nation
is unlikely to suffer any fallout. "Let's say they
AAP The Australian dollar closed higher on Tuesday as risk appetite improved
and traders continued to speculate about further interest rate rises in
Australia and funding assistance for Greece. At 1700 AEDT, the Australian
dollar was trading at $US0.8686/91, up 0.25 per cent from
By Bob Chen The Finance Ministry also plans to strengthen monitoring of
European debt, China’s credit tightening and U.S. financial regulations,
according to a report on minister Yoon Jeung Hyun’s first year in office. Yoon
said yesterday it’s “premature” for the central bank
AFP India's economy should expand by 7.2 per cent this fiscal year, the
government forecast on Monday, as growth heads back to the robust levels seen
before the global financial crisis. The projection for the 12 months ending
March 2010 was contained in an estimate by the statistics
The projection for the 12 months ending March 2010 was contained in an estimate
by the statistics office for use in drafting next year's budget to be presented
at the end of February. The economy "has clearly turned," said chief government
economic advisor Kaushik Basu while finance Secretary
India's economy should expand by 7.2 per cent this fiscal year, the government
forecast on Monday, as growth heads back to the robust levels seen before the
global financial crisis. The projection for the 12 months ending March 2010 was
contained in an estimate by the statistics office
Figures from the Australian Institute of Petroleum show the national petrol
price has dropped by almost four cents per litre over the past three weeks -
the most significant fall in three months. But Commsec economist Savanth
Sebastian says prices are likely to rise within two weeks, as global
Feb. 5 (Bloomberg) -- Brazilian consumer prices rose the most in 20 months in
January, pushing the annual inflation rate above the central bank’s target and
cementing bets that policy makers will raise interest rates as early as next
month. Consumer prices, as measured by the benchmark
Overseas shipments rose 18.7 percent from a year earlier to 54.7 billion
ringgit ($15.9 billion) after falling 3.3 percent in November, the trade
ministry said in a statement in Kuala Lumpur today. The median estimate in a
Bloomberg News survey of 14 economists was for a 12.5 percent increase.
“We expect prices to stagnate, if not fall outright, in the second half of this
year,” Jamie Dannhauser , a London-based economist at Lombard, wrote in a note
today. “Effective housing demand remains heavily constrained by a lack of
mortgage credit, particularly for first-time
