Economy puts brakes on nuclear reactor plans
NEW YORK TIMES WASHINGTON — Just a few years ago, the economic prognosis for new nuclear reactors looked bright. The prospect of growing electricity demand, probable caps on carbon-dioxide emissions, and government loan guarantees prompted companies to tell the Nuclear Regulatory Commission that they wanted to build 28 reactors. The economic slump, which has driven down demand and the price of …
Limited economic growth forecast
WASHINGTON – The new Congress that begins in January will confront an economy and a job market that will improve only slightly next year, according to an Associated Press survey of leading economists that found them gloomier than they were three months ago.
Economy grows at slightly faster pace
WASHINGTON – The economy grew slightly faster last summer as Americans spent a little more – but far too little to reduce the high unemployment that is frustrating voters.
US economy exhibits unhealthy zombie look
The American economy is exhibiting an unhealthy zombie glow. Third-quarter GDP numbers, released just before the Halloween weekend, suggest worrisome imbalances rising again.
Economy grows at slightly faster pace in third quarter
WASHINGTON – The government’s latest reading on economic growth offers little benefit to Democrats who face deep losses in Tuesday’s elections. The economy grew slightly faster last summer as Americans spent a little more – but far too little to reduce the high unemployment that is frustrating voters. The Commerce Department said Friday that the economy expanded at a 2 percent annual rate in the …
KL boost from banking stocks
Share prices on Bursa Malaysia ended the week mostly higher yesterday, with gains in banking stocks boosting the major indices, dealers said.
Islamic finance eyes bigger slice of banking pie
THE Global Islamic Finance Forum (GIFF) 2010 ended yesterday, leaving in its wake a greater awareness of the growing importance of Islamic finance in the world. Most of the more than 1,000 participants left Kuala Lumpur on a high note, bullish that the industry which has existed for more than 40 years would be steadily making inroads and taking a bigger slice of the banking pie from their 500 …
Survey sees economy improving in ’11
WASHINGTON – The job market and the economy will improve only slightly next year, according to an Associated Press survey of leading economists whose outlook for 2011 has dimmed over the past three months.
Industry eyes bigger slice of banking pie
THE Global Islamic Finance Forum (GIFF) 2010 ended yesterday, leaving in its wake a greater awareness of the growing importance of Islamic finance in the world.
Economy grows at slightly faster pace in Q3
Washington — The government’s latest reading on economic growth offers little benefit to Democrats who face deep losses in Tuesday’s elections.
Banking sector set for major facelift
THE banking sector is set for a major facelift following the restoration of the Reserve Bank of Zimbabwe’s lender-of-last resort status, widely expected to induce stability in the shaky sector.
