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Last updated: 07:37:35 Thursday Nov 19, 2009


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  • Singapore declares its recession over
    SINGAPORE (AFP) - Singapore on Thursday declared a severe recession over after two straight quarters of growth and predicted the economy would expand by up to 5.0 percent in 2010.   Nations:Singapore   Source:(AFP)   2009-11-19

    Asia helps feeble West in global recovery: OECD
    PARIS (Reuters) - Asia is leading the global economy out of the deepest downturn in decades but the recovery will be marred by high unemployment and huge government debt across the industrialized countries, the OECD said on Thursday.   Nations:China France Japan India Brazil Russia   Source:(Reuters)   2009-11-19

    Economy returns to growth after deep slump
    WASHINGTON (Reuters) - The U.S. economy grew in the third quarter for the first time in more than a year as government stimulus helped lift consumer spending and home building, fueling an unexpectedly strong advance.   People:Timothy Geithner   Activities:2008 U.S. Recession   2009-10-29

    U.S. GDP encouraging: Geithner
    CHICAGO (Reuters) - U.S. third quarter growth data was very encouraging and showed the economy is stabilizing but difficulties still lie ahead, Treasury Secretary Timothy Geithner said on Thursday.   People:Timothy Geithner   Activities:2008 U.S. Recession   Source:(Reuters)   2009-10-29

    Chinese growth quickens in Q3, as expected
    BEIJING (Reuters) - China's economic growth picked up as expected last quarter as a potent cocktail of breakneck investment and buoyant bank lending more than made up for a slump in exports, the government said on Thursday.   Nations:China   Activities:2008 China Slowdown   Source:(Reuters)   2009-10-21

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