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Global economies exhibited signs of recovery in recent weeks, as evidenced in the rally in stock markets across the globe since March 2009. The positive sentiment palpable in recent months manifested during the week ended June 12, 2009, with all leading macroeconomic indicators rising. U.S. retail sales rose 0.5 percent in May, the first such [...]
The global economic turmoil, which has inflicted severe damage on various emerging market economies including India for little fault of theirs, has a silver lining. Inflation is no longer an overriding policy concern for the central banks and government authorities. The developed as well as the emerging world, which were battling with price rise in [...]
London, Thursday, March 03, 2009 ARANCA News Report (www.aranca.com) : Defaults by speculative-grade companies quadrupled in 2008, as economic growth slowed and the credit availability tightened, according to a new report from Moody’s Investors Service. About 101 Moody’s-rated corporate issuers defaulted on a total of $238.6 billion of bonds and $42.6 billion of loans in 2008. [...]
London, Monday, August 11, 2008 ARANCA News Report (www.aranca.com) :With soaring fuel costs, global economic downturn and stiff competition, airlines are compelled to look at various options to sustain themselves. With cross border mergers fraught with anti-trust hazards, airlines started pairing up and setting up alliances to expand and provide end-to-end connectivity to their customers.
Three [...]
London, Monday, August 11, 2008 ARANCA News Report (www.aranca.com) :As uncertainties cloud the global economy outlook, commodities such as copper seem to have run aground. On London Metal Exchange (LME), copper prices have fallen 18% to their three-month low of $8,940 a metric ton while the September futures of copper fell 19% on the New [...]
London, Tuesday, February 19, 2008 ARANCA News Report (www.aranca.com) :Indonesia’s economy continued to grow at a healthy rate during the fourth quarter, government statistics reveal.
The largest economy in South East Asia posted GDP growth of 6.25 per cent during the period from October to December, despite slowing activity in the global economy.
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London, Wednesday, January 09, 2008 ARANCA News Report (www.aranca.com) :The world economy is expected to grow by 3.3 per cent this year despite the impact of the US sub-prime mortgage crisis, the World Bank has predicted.
The projected worldwide growth figure represents a downturn, however, from last year’s rate of 3.6 per cent and the 3.9 [...]
