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London, Monday, December 29, 2008 ARANCA News Report (www.aranca.com) : South Korea’s consumer sentiment tumbled for a third straight month to a ten year low as rising unemployment and wage stagnation prompted households to cut back on spending. Bank of Korea’s consumer survey index dropped to 81 in December, down from 84 in November—lowest reading since [...]
The US Federal Reserve took further steps to speed up the recovery of economic growth as it reduced the Fed rate to a range of 0-0.25 percent from 1.0 percent earlier. This extraordinary move by the Federal Reserve had a positive impact on markets across the globe with the Dow Jones Industrial Average (DJIA) index [...]
London, Friday, March 07, 2008 ARANCA News Report (www.aranca.com) 
ownbeat figures from the US Mortgage Bankers Association have sent ripples around the world’s financial markets and Asian shares have fallen sharply. Following the report that indicated a record number of home repossessions in the world’s largest economy India’s Sensex index lost five per cent while [...]
