Philip Chua Business Blog

Posts Tagged ‘economic recovery’

Verizon said it is facing a slower-than-expected economic recovery and plans to cut 6 percent of its workforce, adding that it forecasts only a modest rebound in late 2010.

Verizon Communications – Verizon – Business – Apple – VZ

Between Christmas and New Year, the US currency remained firm for the most part. The dollar was boosted primarily by hopes of the economic recovery continuing and the upbeat mood in equity markets. Although the Fed is trying hard not to alarm bond markets prematurely, market participants are bracing themselves…

An unexpectedly strong report on manufacturing activity Monday bolstered confidence that America’s factories will help sustain an economic recovery.







Trade association – Business – Manufacturing – Business Services – Associations

Signs that the U.S. recovery gained steam in the final quarter of 2009 abounded this week. First, data on retail sales showed that the all important U.S. consumer continued to rebound in November. The U.S. economy is also getting some much needed support from the economic recovery abroad, which along…

Industrial production probably rose in November for the fifth straight month amid halting signs of economic recovery.







Industrial production – Business – Business Services – Signage – Business and Economy

SINGAPORE market crept up to a new 14-month high during a listless and cautious session. And this happened on a day when other Asian bourses were buoyed by positive newsflows suggesting that a synchronised global economic recovery was very much intact and underway.
‘This market has no backbone,’ quipped one seasoned dealer…. more

Two years of steep job cuts all but ended last month, unexpectedly pulling down the unemployment rate and raising hopes for a lasting economic recovery.

Unemployment – Employment – Job Search – Business – Business and Economy

Consumers got back in the buying mood in October as their incomes grew modestly, an encouraging sign for the budding economic recovery.

Business – Wood and Plastics – Materials and Supplies – Construction and Maintenance – Heavy Timber Construction

STOCKS here started the holiday-shortened week on a bullish note yesterday, propelled by major contract wins at some firms and renewed optimism for the economic recovery boosting banks and commodities-related stocks.

The Straits Times Index (STI) finished 36.34 points or 1.3 per cent higher at 2,797.88, the highest closing level since Aug 14 last year.

Elsewhere in Asia-Pacific yesterday, othe… more

Economists expect the joblessness that has weighed down the nation’s economic recovery will start to slowly abate in 2010.







Economics – Social Sciences – Business – Forecasting and Consulting – Directories