Author Archive: Stewart Douglas

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UK pensions return to black

UK pensions return to black

Pension funds across the UK’s top 100 companies have returned to positive figures, after years of deficit according to leading pensions analysts today. Figures released today have shown that private pension funds were found to have reached a surplus, after several years of abuse and poor financial management had lead to the so called ‘black [...]

August 9, 2007 | 0 Comments More
UK manufacturing industry growth continues

UK manufacturing industry growth continues

The UK announced a growth in industry over the month of July, showing an upturn in manufacturing, a report out today has suggested. The news comes along with ongoing signs of improvement in the once mighty UK manufacturing sector, despite years of closure and job cuts brought on by cheaper foreign labour. The figures released [...]

August 7, 2007 | 0 Comments More
Oil prices continue declines

Oil prices continue declines

The price of crude oil has fallen considerably over the course of today, continuing the declining price trend of last week. Oil prices, which have fairly recently broken all time record highs, have been dramatically impacted upon by poor US economic performance, causing prices to decrease in the face of recent trends. Worrying results from [...]

August 6, 2007 | 0 Comments More
Federal reserve warns on sub-prime impact

Federal reserve warns on sub-prime impact

The US sub-prime lending market has yet to affect the US economy at large, according to the Federal Reserve this week. Despite the lack of impact thus far, the Federal Reserve have predicted that there may be effects felt for a considerable time after the situation is cleared up. The US sub-prime market, which loans [...]

August 3, 2007 | 0 Comments More
Brunei and Singapore lead Asian economies

Brunei and Singapore lead Asian economies

Singapore has surprisingly been announced as the second best performing economy in what is known as the Asia-Pacific region, a survey released today revealed. The study, conducted by the Asian Development Bank held Singapore in second place behind Brunei in terms of economy size within the region, despite ranking it in third place behind Taiwan [...]

Oil prices could ruin economic growth

Oil prices could ruin economic growth

Oil price rises beyond $80 a barrel are inevitable, and will cause a profound effect on the US economy, a statement released today intimated. US Energy Secretary Sam Bodman stated that prices in the region of $80 a barrel could hinder economic growth, and lead to inflation in energy prices and consumer products. Analysts have [...]

Zimbabwe to issue $200,000 note

Zimbabwe to issue $200,000 note

The troubled Zimbabwean economy is preparing to launch a $200,000 note into general circulation, reflecting a new low in the troubled south African nation. The noted to be issued by the Reserve Bank of Zimbabwe is designed to help tackle inflation, yet at current rates it is only sufficient to buy a 1kg bag of [...]

August 1, 2007 | 0 Comments More
Japan could raise interest rates

Japan could raise interest rates

Industrial output in the Japanese economy has seen a rare increase in June, according to a survey released today by the Ministry of Economy, Trade and Industry. The survey shows an increase in output from Japanese industry over the month of June, whilst casting predictions as to the near future growth of Japanese industry. Over [...]

July 31, 2007 | 0 Comments More
India to tackle inflation worries

India to tackle inflation worries

The Indian Central Bank has today announced measures designed to curb inflation in one of the world’s fastest growing economies. India has experienced exceptional economic growth over the last few years, prompting fears amongst analysts that inflation may continue to get out of hand and devalue the rupee. The central bank has increased the cash [...]

BoE to make rates decision

BoE to make rates decision

The Bank of England are expected to announce their decision on interest rates later on this week, which affect the price of borrowing money on many mortgages and commercial loans. The Bank of England, is expected to publicly announce its policy over the next month on Thursday - the same day news from the European [...]