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China’s ICBC says profit up 12.5 percent

August 31, 2012 |

Industrial & Commercial Bank of China Ltd., the country’s biggest state-owned commercial lender, says its first-half profit rose 12.5 percent despite a slowing economy.
Economy News Headlines – Yahoo! News

Talk about the last night of the RNC with Yahoo News’ Jeff Greenfield, Walter Shapiro and Chris Suellentrop

August 31, 2012 |

It’s the grand finale of the Republican National Convention. Tea party favorite Sen. Marco Rubio introduces Mitt Romney, who will give his acceptance speech. Before that, there will be speeches by former Florida Gov. Jeb Bush, former House Speaker Newt Gingrich and Craig Romney. Follow the action and join in the discussion and analysis on […]
Business News Headlines – Yahoo! News

Crews start breaching levee stressed by Isaac

August 30, 2012 |

Crews are breaching a levee stressed by Isaac’s floodwaters in southeast Louisiana’s hard-hit Plaquemines Parish.
Yahoo! News – Top Stories

S.African stocks sink, mining shares hit

August 30, 2012 |

Electronic board displaying movements in major indices is seen at Johannesburg stock exchange in SandtonJOHANNESBURG (Reuters) – South African stocks led by resource shares continued to choke on Thursday along with global markets on uncertainty over the prospect for economic stimulus by the U.S. Federal Reserve and falling commodity prices. Shares of South Africa's third largest gold producer Harmony hit 2-year lows, led the big mining shares lower as it slid over 5 percent. South Africa's blue-chip Top-40 index dropped 1.28 percent to 31.088.76. The broader All-share index edged down 1.2 percent to 34,307.35. …



Economy News Headlines – Yahoo! News

Onward to Romney’s big night, a speech to millions

August 30, 2012 |

Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks at the American Legion National Convention, Wednesday, Aug. 29, 2012, in Indianapolis. (AP Photo/Evan Vucci)

Now here’s more to politics! An intriguing issue. This man is so excited to make the biggest speech he’ll ever make in his whole life. I know you want to know more about this man so I’m sharing it to you. This is Charo, read on.,…

Republican Mitt Romney is stepping up for the most important speech of his life, to an audience of millions, after a rousing warm-up from a running mate who vowed the days of dodging painful budget choices will end if voters toss President Barack Obama from office.



Yahoo! News – Top Stories

Twin typhoons raise fears in disaster-prone NKorea

August 30, 2012 |

Weather news! Please read what I have for all of you. Let’s not be blind to what’s happening around us. We have to make sure we’re aware of the weather all the time. It’s for our own good. So read this one.

Twin typhoons are renewing fears of a humanitarian crisis in North Korea, where poor drainage, widespread deforestation and crumbling infrastructure can turn even a routine rainstorm into a catastrophic flood.
Yahoo! News – Top Stories

Philippine economy grows 5.9% in second quarter

August 30, 2012 |

The government said the second-quarter figures would continue for the rest of 2012The Philippines said Thursday the economy grew a better-than-forecast 5.9 percent in the three months to June, largely due to a strong services sector.



Economy News Headlines – Yahoo! News

Second-quarter growth revised up, Fed still seen in play

August 30, 2012 |

A man pushes his shopping cart down an aisle at a Home Depot store in New YorkWASHINGTON (Reuters) – The economy fared slightly better than initially thought in the second quarter, but the pace of growth remained too slow to shut the door on further monetary easing from the Federal Reserve. Gross domestic product expanded at a 1.7 percent annual rate, the Commerce Department said on Wednesday, as stronger export growth offset a pull-back in restocking by businesses wary of sluggish domestic demand. While that was an improvement on the government's first estimate of 1. …



Economy News Headlines – Yahoo! News

Isaac continues to lash New Orleans, Mississippi Gulf: NHC

August 29, 2012 |

(Reuters) – Isaac, which weakened to a tropical storm Wednesday afternoon, continues to lash New Orleans and the Mississippi Gulf, the U.S. National Hurricane Center said in its latest bulletin. The center of Isaac was located about 45 miles south-southeast of Baton Rouge, and about 50 miles west of New Orleans, and was moving toward the northwest near 6 miles per hour (9 km per hour), the NHC added. “During the past hour, a wind gust to 70 mph was reported at Marsh Island, Louisiana and a gust to 67 mph was reported at Gulfport, Mississippi,” the NHC said. …
Yahoo! News – Top Stories

Stocks edge up after US growth revised higher

August 29, 2012 |

FILE- In this May 17, 2012 file photo specialist Stephen D'Agostino works at his post on the floor of the New York Stock Exchange. Mixed economic data kept the stock market hovering near break-even Tuesday Aug. 28, 2012. (AP Photo/Richard Drew, File)Slightly better economic growth and stronger housing sales nudged the stock market higher Wednesday.



Economy News Headlines – Yahoo! News