Japanese companies forecast increased hiring and investment as demand picks up this year after the March earthquake that triggered the biggest plunge in the Tankan survey of sentiment since 2009.
BusinessWeek.com — Finance
South Korea’s inflation will exceed President Lee Myung Bak’s target this year and growth will be slower than previously forecast after global demand weakened and energy costs climbed, Finance Ministry forecasts showed today.
BusinessWeek.com — Finance
European confidence in the economic outlook dropped to the lowest in eight months in June as policy makers struggled to craft a second bailout package for Greece.
BusinessWeek.com — Finance
U.S. stocks rebounded, a day after the Standard & Poor’s 500 Index declined to a three-month low, as better-than-estimated housing starts and jobless claims reports tempered concern about a slowdown in the economy.
BusinessWeek.com — Finance
A China leading indicator points to “more moderate” economic activity in the world’s second- biggest economy in coming months, the Conference Board said.
BusinessWeek.com — Finance
U.S. stocks fell, threatening the 2011 gain for the Standard & Poor’s 500 Index, on concern Greece will default and signs the American economy is cooling down.
BusinessWeek.com — Finance
U.S. stocks retreated, snapping a two-day gain, on rising concern about a Greek bailout and growing signs that the American economy is slowing.
BusinessWeek.com — Finance
U.S. stocks fell, snapping a two-day rally for the Standard & Poor’s 500 Index, as lower-than- forecast data on manufacturing, industrial production and homebuilder confidence added to signs the economy is slowing.
BusinessWeek.com — Finance