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Global markets are surging in response to positive US economic data and yesterdays policy statement from the US Federal Reserve. The Fed said it would be patient in deciding when to raise interest rates. Most analysts have interpreted this as meaning
And Spain's parliament has agreed to pass a constitutional limit on public-sector borrowing. It's the first eurozone country to impose such a restriction. Last week, France and Germany called on all eurozone governments to introduce limits to help co
Expansion plans are on hold at Fortescue Metals Group as it feels the pain of the slump in commodity prices. Several hundred jobs will be lost as non-essential work is cut back. The company says it will defer some developments until iron ore prices r
To finance. And the big four banks around the pressure to pass on the latest interest rate cut on in full. The chairman of LJ Hooker Great Palmer says a new housing starts are in the ** and a right cut will help us store confidence.The market general
Let's go to finance news.An oil and gas company Woodside will take another year to decide on its controversial energy project off the northern WA coast.The WA and federal government have agreed to the extension which will also delay the controversial
China economy has grown at its slowest pace in more than two years. The latest government figures show the country economy grew by 8.9% in the three month to the end of December. That's down slight by from the 9.1% in the previous quarter growth to t
ECONOMICS REPORT - Nasdaq: An Electronic Marketplace By Mario Ritter Broadcast: Friday, September 16, 2005 I'm Barbara Klein with the VOA Special English Economics Report. A listener in China asks abo
MARY LOUISE KELLY, HOST: Now, as we just heard, the G-7 summit comes as President Trump has been pressuring other countries to make big trade concessions. As NPR's Jim Zarroli reports, the resistance he's encountering underscores how isolated the U.S
Pre-Listening Vocabulary remote: far away trading port: a central location where people go to buy and sell goods scholar: a well-educated person; usually one who shares his or her knowledge golden age: a time period when things went very well; a prof
China's central bank governor Zhou Xiaochuan now says the government will keep the monetary policy and financial reforms stable and continuous - no matter who becomes the new governor of the People's Bank of China. CRI's Su Yi has more. It does not m
New figures show business confidence was boosted by bets on a Coalition election victory and an interest rate cut in August. National Australia Bank's monthly survey of over 600 firms shows confidence shot up to a reading of six from minus three back
今天我们要学的词是landscape。 Landscape, 是景色的意思,引伸为全貌,格局。 The sudden resignation of the governor changed the state's political landscape, 州长突然辞职u引起了州里政治格局的调整。 这个星期以
By Andrew Horowitz. Today on MoneyGirl, we will take a look at the seven most common mistakes investors make and the lessons that we can be learn from them. Several listeners have written in and asked how to avoid the most common new-investor misstep
The Minister of Climate Change, Nick Smith, gave some strange information about our carbon emissions yesterday. (See September 23rd 2008 for information about the Emissions Trading Scheme.) Last year we put too much carbon into the atmosphere and wou
The new head of the US Federal Reserve Janet Yellen says the Central Bank expects to continue trimming stimulus measures despite a stubbornly high jobless rate. The unemployment rate is coming down, but Ms.Yellen says a labor market recovery is far f
The David Jones releases its half-year result today and a possible merge with Myer is firmly back on the table. The retailer has reappointed consulting firm Port Jackson partners to assess the advantages of becoming a combined company worth more than
A shrug of the tough Federal budget with an unexpected increase in confidence, the widely watched NAB survey has found the optimists outwiped pessimists in June with business conditions hitting a five-month high. Most industries showed improvement bu
Business groups have cast doubt on the federal governments ability to return the budget to surplus. They say the budget does nothing to inspire business confidence. The Chief Executive of the Business Council of Australia Jennifer Westcott is critica
A former senior employee of the Commonwealth Bank has been arrested and charged after a bribery investigation involving New South Wales police and the US Federal Bureau of Investigation. The sixy-one-year-old was arrested yesterday and charged with t
The unemployment rate in the United States has remained steady at 6.7 percent following the release of the latest jobs data overnight. The US added 192,000 news jobs in March in line with market expectations. The strongest jobs growth was recorded in