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 II – Great Britain – History – Twentieth Century – Wars 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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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.
How the major stock indexes fared on Friday (AP)
AP – The stock market’s best July in 20 years is giving investors reason for hope about the economy. Investors are placing big bets that the ability of companies to squeeze out surprise profits means the longest recession since World War II is finally easing its grip. But even as earnings and some economic reports suggest the economy is strengthening, the stock rally means investors will pay a bigger price if they are wrong.





