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2010-09-03 05:10
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Posts Tagged ‘War’

Recession in Britain ends — but just barely

Britain’s worst recession since World War II is officially over — but only just.







World War IIGreat BritainHistoryTwentieth CenturyWars and Conflicts

Both sides called trading halt as Reit row escalates

THE war of the Reits between MacarthurCook Industrial (MI-Reit) in one corner and Cambridge Industrial Trust (CIT) in the other hit a new level yesterday when both firms called trading halts to make announcements.
Their simmering row has mostly been confined to full-page newspaper advertisements but it has intensified in the run-up to Monday’s key meeting to vote on MI-Reit’s financing plans.
CIT … more

Car loan war around the corner

AFTER a relatively quiet six to nine months, a car loan war may be brewing.

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Job market unlikely to recover until 2014

New unemployment data show why it will take years for the labor market to recover from one of its fastest and deepest declines since World War II, even if recovery is around the corner.




Super-cheap home loans unveiled

TWO foreign banks operating in Singapore have just unveiled rock-bottom home loan deals in a bid to secure a bigger slice of the fast-growing mortgage market amid record private home sales.
Market observers say it is too soon to say if a full-blown mortgage rates war will erupt – but the latest rates are sure to get the attention of home hunters.
One key factor allowing super-cheap mortgages is th… more

Japan pulls out of recession, but outlook shaky (Reuters)

Reuters – Japan’s economy returned to growth in the second quarter, pulling out of its longest recession since World War Two, but analysts warned of a rocky road ahead as the nascent recovery was based on short-term stimulus efforts around the world.

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