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.

EU GDP set to fall 4 % in 2009: forecast

11/03 19:03

Chinese mainland vows continued support for Taiwan in economic downturn

11/03 18:36

China's nuclear power giant buys from private businesses

11/02 20:17

S Korea to host fair to lure foreign investment

11/02 18:06

S Korea retrieves $80 bln in bailout funds

11/02 17:18

S Korea's auto sales climb in October

11/02 17:05

CIT files for bankruptcy protection

11/02 08:19

DPRK top leader says economy is crisis-proof

10/31 10:18

Singapore expects gradual economic pickup

10/30 08:39

Australian government moves to hurry along telco giant reforms

10/28 19:43

China banking regulator warns city banks against blind expansion

10/28 18:55

Paraguay, Brazil sign agreement on public communication

10/28 10:14

Argentina accuses Brazil of creating export obstacles

10/28 10:23

China's Shenyang city promotes business exchanges with Chicago

10/28 10:23

Brazil's loan interest lowest since July 1994

10/28 08:38

McDonald's to close in Iceland for higher cost

10/28 08:38

Cyprus' tourism revenue down 16.1% in first nine months

10/28 08:38

Largest U.S. refiner Valero posts steep Q3 loss

10/28 08:40

Dollar mixed against major currencies

10/28 08:42

Chinese investment overseas almost triples in third quarter

10/27 19:40

Indonesian gov't to prioritize industrial revitalization: minister

10/26 16:39

Number of U.S. failed banks hits 100 this year

10/24 09:06

U.S. unveils new rules to slash executive compensation

10/23 07:55

Innovation can save nations from financial crisis

10/23 07:47

China's recovery trend 'consolidated': Cabinet meeting

10/22 08:24

US economy recovering in many areas

10/22 08:26

U.S. Fed survey sees modest economic recovery

10/22 08:42

Trade fair sends strong signal of export upturn

10/21 08:52

Mechanisms needed to avoid excessive openness: ADB chief economist

10/19 18:12

Chief of S. Korea's central bank calls for timely adjustment of monetary policy

10/19 17:21