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This is what your kids or grandkids will tell you: nothing says happy holidays better than a brand-new tablet, smartphone or video game console. In 2010, the hottest holiday gifts are tech âtoysâ â and while some gadgets cost more than others, the following is my list of the yearâs best.
Best product of the year: […]
Filed under: markets, technology by Guru
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As the country emerges from recession, Ottawa should consider cutting taxes for low-income Canadians who are being hit by both economic restructuring and an inequitable tax system that âdiscourages people from participating in the workforce,â says TD Bank President Ed Clark.
âThe shape of the recovery will not leave Canadians equally well-off,â Clark told the […]
Chinese bonds sold in Hong Kong rallied more than debt from the biggest developing nations in the past three months as international investors snapped up the securities to benefit from expected appreciation of the yuan.
The yield on the government’s 3.3 percent offshore bond maturing in October 2014 fell 22 basis points to 2.91 percent, […]
The Taiwan dollar climbed twice as fast as the Chinese yuan in the past three months, reaping the benefits of strengthening trade and investment ties with the world’s fastest-growing major economy.
The island’s currency appreciated 5.6 percent versus the greenback since Aug. 20, while the yuan has risen 2.2 percent as Chinese President Hu Jintao […]
Relatives of 29 miners still missing three days after an underground explosion were given a tour of the site Sunday in order to better understand the situation, including how toxic gases are preventing a rescue attempt.
Nothing has been heard from the men who were deep in the mine near Atarau on South Island when a […]
Here’s the happy news: Despite fears of a dreaded double dip, the economy isn’t likely to slip back into recession in 2011, most experts say.
Unfortunately, the more probable scenario is no great shakes, either: lackluster growth and persistently high unemployment. "We’re in economic purgatory," says Barry Ritholtz, CEO of research firm Fusion IQ. […]
Austria says eurozone nations have agreed to delay the payout of the next installment of an emergency loan to Greece from December to January.
Austrian Finance Minister Josef Proell said Wednesday in Brussels the delay was decided at the ministers’ meeting Tuesday night 24 hour pay day loan.
Proell already had said Tuesday that Austria would not […]
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Retail sales rose for a fourth straight month in October, the government reported Monday, signaling that consumers are keeping their wallets open as the holiday shopping period approaches.
Total retail sales increased 1.2% from the previous month to $373.1 billion, compared with September’s upwardly revised 0.7% advance, the Commerce Department said. It was the […]
Greece’s governing Socialists won several key local election runoffs Sunday, including a mayoral race in Athens for the first time in 24 years, despite renewed pressure on the crisis-hit nation to further cut spending.
With 75 percent of the national vote counted, the governing party led in eight of 13 races for regional governors, clinching the […]
The European Central Bank’s crisis support measures are temporary in nature and should not be confused with quantitative easing, European Central Bank President Jean-Claude Trichet said on Saturday.
“All our non-standard measures help restore a more normal monetary policy transmission mechanism which is necessary to fulfill our primary mandate of accomplishing price stability,” Trichet said […]