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.

News Analysis: EU eyes 2011 target for cutting back ballooning deficits, debts

10/02 10:47

Japan's jobless rate sees 1st decline in August

10/02 10:18

EU eyes year-end deal on reform of financial supervision

10/02 09:07

Bernanke says new super currency would weaken dollar

10/02 09:08

Global emerging markets fund launched in Australia

09/30 17:37

Backgrounder: Developments of global financial crisis

09/30 16:48

Argentina's economy recovers in step with global community

09/30 14:14

Vietnam's coffee export turnover expected to drop 18% in first 9 months

09/30 13:27

S Korea retrieves $80 bln in bailout funds

09/30 13:27

France's top bank to close branches in tax heavens

09/28 19:19

S Korea's bank lending rate rises to 7-month high in August

09/28 13:57

Indonesian textile producers allocate $183.3 mln to procure new machinery

09/28 13:57

China starts sale of 6 bln yuan bonds in Hong Kong

09/28 13:57

Europe's economy recovers on stimulus

09/26 09:26

S Korea's factory operating rate rises to 82.3% in July

09/25 15:27

Global financial crisis biggest worry for Australian kids: survey

09/25 15:27

Tokyo stocks close sharply down on Nomura's massive share offerings

09/25 15:44

Brazil among first to overcome financial crisis: president

09/24 10:53

U.S. Fed leaves benchmark interest rate unchanged to foster recovery

09/24 08:19

Kenya urges developing nations to work closely with private sector

09/23 20:22

U.S. auto firms to increase investments in Thailand

09/23 19:03

Thai PM says not sure when Thai-U.S. FTA talks to resume

09/23 16:53

S Korean banks should step up corporate revamp move: financial watchdog

09/23 16:53

Sweden's economy to recover from financial crisis next year

09/21 20:20

Punitive tariff on imports of Chinese tyres sends wrong signal: Australian Minister

09/21 18:45

China's booming domestic travel offsets sluggish inbound tourism

09/21 17:45

China's major SOEs report 30% fall in profit last year

09/20 11:08

Australian Foreign Minister says too early to stop stimulus spending

09/20 11:08

China calls on banks to reduce loan risk

09/20 08:55

Unemployment rate drops in U.S. state of Indiana

09/20 08:29