Eastday

Global Financial Crisis

The reason for the subprime mortgage crisis was the bursting of the housing bubble. The creation of the bubble was directly linked to the consumption culture of the United States, unreasonable housing policies and loose currency policies over the long term.

Obama signs tax cut bill into law

U.S. President Barack Obama on Friday signed the tax cut bill into law, the first major legislation that has enjoyed bipartisan support since he took office.

U.S. dollar mixed against major currencies

11/25 08:41

INTRADE achieves record sales despite slowdown

11/23 19:20

EAC common market protocol to spur economic growth

11/21 13:34

Japan gov't declares nation to be in deflation

11/20 11:02

Spain's economy to shrink in 2009, 2010

11/20 10:20

Economic recovery spreads to OECD area at large

11/20 10:18

Malaysia vehicle sales down 5.07%

11/18 17:34

S Korea's listed firms see surge in Q3 earnings

11/18 16:33

Malaysia to decide on free trade formats

11/18 16:33

S Korean telecom watchdog approves iPhone sales

11/18 16:34

S Korea, Columbia to launch FTA negotiations

11/18 16:49

HSBC survey: World more concerned over climate change than economic crisis

11/17 18:12

Wall Street renews year high on retail sales, weak dollar

11/17 08:32

U.S. automaker GM speeds up repayment of loans to taxpayers

11/17 08:31

GM reports $1.2B loss, says it shows progress

11/17 08:06

Chinese VP calls for Euro-Asia co-op to tackle financial crisis

11/16 14:19

China's cool head in crisis praised

11/13 08:18

Global crisis sparks more trade disputes

11/09 09:16

US jobless rate tops 10% for first time since '83

11/07 08:51

Toyota's Prius continues to dominate Japanese auto market

11/06 14:33

S Korea-India trade pact ratified in S Korean parliament

11/06 14:01

S Korean court to rule on Ssangyong's turnaround plan

11/06 13:22

Fed holds key interest rate near zero as U.S. economy continues to "pick up"

11/05 08:25

Top legislator urges independent innovation amid financial crisis

11/05 08:25

Global inflation pressure expected to remain muted in near future: official

11/04 20:30

Philippines needs an "inclusive" economic recovery

11/04 19:19

China's economy expected to grow faster in 2009: World Bank report

11/04 17:58

U.S. automaker GM decides to keep Opel

11/04 13:38

Australia's economic recovery remains fragile: Treasurer

11/04 13:38

China's tax revenue rises 2.2% in first 9 months

11/04 13:41