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Daily Archives: August 4, 2009

china

China’s Consumer Spending Will Be Hurt By Unemployment

Posted: August 4, 2009 at 6:04 am

The Chinese central government has made it clear that a key to the nation's economic recovery is strong consumer spending. The $585 billion stimulus package that has been in effect ...
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uncle sam

Post Office May Close 700 Locations

Posted: August 4, 2009 at 5:43 am

The writing has been on the wall for years. The Postal Service is slowly going out of business. The fax was the first piece of technology that cut into the ...
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gm

Toyota (TM): Another Sign Car Industry Is Recovering?

Posted: August 4, 2009 at 5:18 am

Toyota (TM) posted an $816 million loss in its last quarter, but lifted its forecasts. It will up production for its fiscal year which ends in March to 6.6 million vehicles from ...
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Media Digest 8/4/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: August 4, 2009 at 3:54 am

Reuters:   A plan for universal healthcare in China could cut the savings rate. Reuters:   Bank regulators are opposing the Obama shake-up of the system. Reuters:   Bank of America (BAC) settled ...
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china

Asia Markets And Europe Open 8/4/2009

Posted: August 4, 2009 at 3:28 am

Markets in Asia were mixed. The Nikkei rose .2% to 10,375. Toyota (TM) reported better than expected earnings. The Hang Seng fell .1% to 20,792. HSBC (HBC) rose on good ...
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