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Yahoo! News: Economy News
Updated : Mon, 01 Dec 2008 17:59:19 GMT

China hopes talks with US boost coordination (AP)

In this May 23, 2000 file photo, Chinese men count money at their fruit stall where California oranges are set for sale at a Beijing fruit wholesale market. The global financial crisis is overshadowing U.S.-Chinese trade tensions as Cabinet ministers from the two sides meet this week for talks on the long-range growth of one of the world's most important economic relationships. Given the unsteady world economy, the two sides are adding the issue of managing risk to the already broad agenda of trade, energy and the environment of their Strategic Economic Dialogue. No grand agreements are expected from the talks Thursday, Dec. 4, and Friday, Dec. 5, 2008, which are designed for rapport-building more than negotiation. (AP Photo/File)AP - The global financial crisis is overshadowing U.S.-Chinese trade tensions as Cabinet ministers from the two sides meet this week for talks on the long-range growth of one of the world's most important economic relationships.



Publ.Date : Mon, 01 Dec 2008 14:27:11 GMT

October construction spending drops 1.2 percent (AP)
AP - Construction spending fell by a larger-than-expected amount in October, another indication that problems facing the builders of homes, hotels and other projects are deepening and likely to persist.
Publ.Date : Mon, 01 Dec 2008 17:52:47 GMT

US, European stocks plummet again (AFP)

A trader walks by while working on the floor during morning trading at the New York Stock Exchange (NYSE) on November 14, 2008 in New York City. Stock markets in Europe and the United States plunged on Monday, succumbing to a deluge of bad economic data pointing to a severe global slowdown and reversing some of the gains made last week.(AFP/Getty Images/File/Spencer Platt)AFP - US and European stocks plunged on Monday as weak economic data pointed to a looming global recession, dashing hopes of a quick recovery in equity prices after the gains of last week.



Publ.Date : Mon, 01 Dec 2008 17:56:42 GMT

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