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BoJ Holds Key Interest Rate
Tuesday, the Bank of Japan maintained its key interest rate in October, while the Bank Indonesia hiked the policy rate for the sixth straight month. Official data showed inflation slowed in the Philippines.
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Words from the (investment) wise for the week
Welcome to Wall Street, Barack Obama. His victory signaled a change in US political direction, but the biggest election day rally ever – a surge of 4.1% in the S&P 500 Index on Tuesday 15
U.S. Economy: Jobless Rolls Reach 25-Year High,Exports Slump
The global economic slowdown is deepening, according to reports today that showed the number of Americans collecting jobless benefits jumped to a 25-year high and U.S. exports plunged. 15
UK 'heading for recession'
According to the Guardian, this has been brought on by the continuing downturn in the economy over recent months. 15
Credit crunch prompts deeming rate drop
The federal government is set to lower the social security income test deeming rates as a result of the global financial crisis. 15
Housing sector defies expectations
Construction on new homes remained above 200,000 starts in October, Canada Mortgage Housing Corp. said Monday, defying expectations among most industry watchers calling for a protracted slowdown. 14
Jobs fear for HBOS as Lloyds fights to cut costs
TENS of thousands of jobs are under threat at Halifax Bank of Scotland following a decision by Lloyds TSB to cut costs by an extra £500m a year as the banking sector struggles to cope with soaring debts and a looming recession. 14
Retailers Report a Sales Collapse
Sales at the US’s largest retailers fell off a cliff in October, casting fresh doubt on the survival of some chains and signaling that this will probably be the weakest Christmas shopping season in decades. 
