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And official figures show economic growth in the 17-nation eurozone has come to a virtual standstill. Eurozone economies grew by just 0.2 of one percent between July and September. Economists are predicting an even worse result in the final quarter.
And China's economic expansion slows slightly during the third quarter of the year. China's economy grew by 9.1 per cent in the three months to the end of September. Now that's down from 9.5 per cent in the previous quarter. The government's measures
And US President Barack Obama is selling education reforms as a key measure to improve Americas sluggish economy. He says investing in early childhood education will ensure the US remains competitive. Right out of the gate, it helps prepare our kids
Look at finance now, and the United States Congressional Budget Office has delivered a grim assessment for the countrys economy as the president continues to push his jobs creation package. It says the economy will grow more slowly than anticipated o
The Organization for Economic Cooperation and Development says the Eurozone crisis is the single biggest threat to the global economy.The OECD is forecasting economic contraction in the zone this year and only a weak growth next year.Chief economist
And china's decision to restrict exports of rare earth minerals is to be challenged at the World Trade Organization.The US,EU and Japan were reportedly file the suit the with the global trade watchdog.China is the largest producer of rare earths,whic
Go to finance.And theres been a mixed response to the Greek bailout on the markets. The Dow Jones topped the 13,000 mark for the first time since May,2008. European markets were cautious,closing lightly lower. Analysts say Greece can't afford to wast
Next, we're traveling to the South American nation of Venezuela, which is trying something new to help save its failing economy. Venezuela used to be the wealthiest country in Latin America, but its government has become increasingly authoritarian in
North Korea has apparently revalued its currency, in a move that may be aimed at tightening domestic market activity. 北韩重新调整了其货币价值。此举可能是为了更加严格控制其国内市场活动。 South Korean media quoted unn
And Apple has upped the end teeth on its rivals unveiling a new smart watch, a bigger new iPhone and new pay service. The smart watch is Apple's first new product line since the iPad. It'll feature apps including a heart and fitness tracker. The iPho
The treasurer Joe Hockey is in London where he is being heading talks with his British counterpart and the head of the Bank of England in the lead-up to next month's G20 meeting in Brisbane. Now Mr. Hockey is also taking the opportunity to meet poten
Raising the GST and reducing company tax are part of a pre-election blueprint for economic growth being proposed by business leaders. The Business Council of Australia has put forward an ambitious nine point plan. It says the economy is at a crossroa
And talks have began in Bali to try to reach a new global trade deal. Ministers from 160 countries are thrashing out ways to simplify customs procedures. They are hoping to finally nail down negotiations that have been going on since 1995. The head o
The Nine Entertainment Company will launch its two-billion-dollar float on the stock exchange at mid-day. The re-capitalisation will put the company in a much stronger position after facing bankraptcy just a year ago. Shares are in highly-anticipated
Now let us take a look at this morning's finance news. And industry election by S tugboat engineers will extend to ports in Brisban and Melborne today. The strikes, a part of pay dispute yesterday shut down ports in Sydney, New Castle, and *. Enginee
Thank you, Michael Virginia. Well global markets are proving resilient, but the stock markets from Europe right to the US fell sharply in the immediate aftermath of those attacks in Brussels, as I mentioned they have now recovered. The deadly attacks
BHP has surprised the markets, almost doubling its half-year profit. Net profit for six months to December reached nine billion dollars. That's an 83 percent jump on the previous period. Now it's good news for the company's Chief Executive Andrew Mac
China's industrial output has risen by just more than 8.5 percent in the first two months of the year. Government figures also show retail sales were up by 12 percent on the previous year. Well impressive the results were less than what analysts have
A new property report reveals ninety percent of homes being resold for making a profit according to the figures from CoLogic. Sydney was the best performing capital city with just 2.6 percent of owners making a loss in the September quarter. While in
The chairman of Woodside Petroleum and the National Australia Bank Michael Chaney says that both sides of politics need to rein in their spending commitments. He is warning that Australia risks becoming like Europe's debt-laden countries. The problem