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Finance History 2010-02-05 (05 February 2010 ) |
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| One by one, G7 finance ministers and central bankers arrived in Canada's far north Friday for two days of talks aimed at keeping a tentative global economic recovery on course. | |
| G7 nations owe a combined trillion US dollars -- a sum worrying markets, but one that G7 central bankers and finance ministers meeting here this weekend are loathe to discuss. | |
| Feb. 5 (Bloomberg) -- Nunavut Premier Eva Aariak, whose Arctic territory is hosting finance ministers from the Group of Seven countries, is trying to use the meeting to attract investment after spending plunged last year. | |
| NEW YORK -- Shares of some top finance companies are down at noon: Bank of America fell $.12 or .8 percent, to $. Citigroup unchanged at $. JPMorgan Chase fell $.53 or percent, to $. | |
| NEW YORK -- Shares of some top finance companies are mixed at 10 .: Bank of America fell $.10 or .7 percent, to $. Citigroup rose $.04 or percent, to $. JPMorgan Chase rose $.08 or .2 percent, to $. | |
| IQALUIT, Canada -G7 nations owe a combined trillion US dollars -- a sum worrying markets, but one that G7 central bankers and finance ministers meeting here this weekend are loathe to discuss. | |
| Group of Seven finance ministers and central bankers meet on the edge of the map today, with their policies all over it. | |
| ECB's Liikanen: Finland's Public Finance Needs Urgent Reform | |
| Feb. 5 (Bloomberg) -- China’s fiscal revenue rose percent last year to trillion yuan, the Ministry of Finance said on its Web site today. Fiscal revenue for December increased percent from a year earlier to billion yuan, according to the statement. | |
| Feb. 5 (Bloomberg) -- Philippine President Gloria Arroyo’s support for a sales tax exemption for the elderly may reverse the fiscal improvements she made in office, the nation’s top finance bureaucrat said. |
Economic History
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| Global stock markets dropped sharply for a second day Friday amid concern over the strength of the economic recovery and mounting government deficits in some European countries. | |
| A look at economic developments and activity in major stock markets around the world Economy - Stock market - Business - Investing - Stocks and Bonds | |
| A look at economic developments and activity in major stock markets around the world Friday: ------ ATHENS, Greece -- Greek Prime Minister George Papandreou got a measure of relief in his fight to curb his nation's runaway deficit, as protesting farmers scaled back highway blockades in opposition to the government's austerity measures. | |
| Fears about financial crises in the wobbling economies of southern Europe and an unexpected increase in . jobless claims sent global stock markets reeling Thursday, posing new challenges for the European Union and the . economic recovery. | |
| The monthly index of economic indicators compiled by the University of Oregon has improved for the fifth straight month, suggesting the state is recovering from the recession. | |
| Feb. 5 (Bloomberg) -- LVMH Moet Hennessy Louis Vuitton SA and Cie. Financiere Richemont SA led European luxury stocks lower on concern that makers of watches and couture fashions will suffer the most if an economic recovery is delayed. | |
| Energy and metal prices lead commodities lower on concerns about global economic recovery Energy - Technology - Metal prices - Conservation - Organizations | |
| A look at economic developments and activity in major stock markets around the world Friday: | |
| Feb. 5 (Bloomberg) -- Treasuries rose for a second day as stocks slid amid increased concern that some European nations will struggle to narrow their deficits and that the economic recovery has yet to take hold. | |
| What's on tap in economic news. |
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