<?xml version="1.0" encoding="iso-8859-1"?><?xml-stylesheet href="http://www.congoo.com/css/rss.css" type="text/css" media="screen"?><rss version="2.0"><channel><title>Economics News - Congoo</title><link>http://www.congoo.com/feed/newschannelsfeed.aspx?chid=1&amp;catid=279</link><description>News Feed for - Economics</description><item><title>Japan mired in deflation, dlr/yen adds to pain</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96607552&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T03:23:00</pubDate><description>TOKYO (Reuters) - Japanese consumer price index excluding volatile food and energy prices slid in the year to October at the fastest rate since 2001 with increasing signs that weak demand is weighing </description><source>Reuters India</source></item><item><title>UPDATE 3-Japan raises prospect of G7 statement as dlr falls</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96620610&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T03:20:00</pubDate><description>TOKYO, Nov 27 (Reuters) - Japan's finance minister raised the prospect of a Group of Seven joint statement on currencies to cool the yen's rally, as the dollar tumbled to a 14-year low against the yen. </description><source>Forbes.com</source></item><item><title>Japan: G7 May Need Jt Statement On Dollar</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96625642&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T05:03:00</pubDate><description>TOKYO, Nov 27 (Reuters) - Japan's finance minister raised the prospect of a Group of Seven joint statement on currencies to cool the yen's rally, as the dollar tumbled to a 14-year low against the yen. </description><source>Forbes.com</source></item><item><title>UK's Darling to Downgrade 2009 Growth Forecast</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96601974&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T03:48:00</pubDate><description>British finance minister Alistair Darling will downgrade the 2009 economic outlook when he presents his pre-budget report next month but still point to growth resuming at the turn of the year as he predicted </description><source>CNBC</source></item><item><title>High yen 'harming Japan economy'</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96549209&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T03:57:00</pubDate><description>By Roland Buerk BBC News, Tokyo The dollar dropped to 84 yen - the lowest level for years Japan's finance minister has said the strength of the yen is harmful to the country's economy. In trading the </description><source>BBC</source></item><item><title>Yen Eases From New Multi-year High Against Dollar</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96480175&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T05:09:00</pubDate><description>Dollar Falls Against Most Majors Sponsored By (RTTNews) - The Japanese yen that surged up against its major counterparts in early Friday Asian trading reversed direction around 6:40 pm ET. The yen thus </description><source>RTTNews.com</source></item><item><title>Japan govt, BOJ were checking dlr/yen rates-sources</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96627733&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T05:16:00</pubDate><description>(For more stories on the Japanese economy, click [ID:nECONJP]) TOKYO, Nov 27 (Reuters) - Japan's government and the Bank of Japan were checking dollar/yen rates with commercial banks in morning Tokyo </description><source>Reuters UK</source></item><item><title>Japan raises prospect of G7 statement</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96633238&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T06:06:00</pubDate><description>TOKYO (Reuters) - Japan's finance minister raised the prospect of a Group of Seven joint statement on currencies to cool the yen's rally as the dollar tumbled to a 14-year low against the yen on Friday. </description><source>Reuters UK</source></item><item><title>On the Role of Monetary Policy / Congress: Hands off the Fed</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96632239&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T06:18:00</pubDate><description>Congress has a new punching bag for the economic crisis and the ruined economy: the Federal Reserve. Given the events of the last month, it would be easy to think that the Fed is responsible for everything. </description><source>San Francisco Chronicle</source></item><item><title>DIARY - Economic Indicators in Germany from November 27</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96631527&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T06:07:00</pubDate><description>6:00am GMT Email|Print | Reprints [-] Text [+] ====================================================== For euro zone economic data, please double-click on: EUROLANDNOV for indicators released this month </description><source>Reuters UK</source></item><item><title>Japan raises prospect of G7 statement as dollar falls</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96633206&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T05:58:00</pubDate><description>By Tetsushi Kajimoto TOKYO (Reuters) - Japanese consumer price index excluding volatile food and energy prices slid in the year to October at the fastest rate since 2001 with increasing signs that weak </description><source>Reuters</source></item><item><title>ECB's Weber Urges Germany To Push Deficit Down To Target</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96629396&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T05:41:00</pubDate><description>US Economic News European Economic News Asian Economic News All Economic News FX Top Stories Currency Alerts Mkt Sensitive News Politics European Mkt Updates Asian Mkt Updates Treasury Mkt Updates Pop </description><source>RTTNews.com</source></item><item><title>New Zealand October M3 Money Supply Growth Slows</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96623544&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T04:01:00</pubDate><description>Optional: Temporarily hide the 'tabber' class so it does not 'flash' on the page as plain HTML. After tabber runs, the class is changed to 'tabberlive' and it will appear. //Function Which Calls Swap </description><source>RTTNews.com</source></item><item><title>Deflation deepens in Japan in October</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96617985&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T02:16:00</pubDate><description>Deflation in Japan accelerated in October, with core consumer prices down 2.2 percent from a year earlier, the government said Friday. The jobless rate, however, improved to 5.1 percent. The key consumer </description><source>Jakarta Post</source></item><item><title>Taiwan Data Watch-October leading indicators</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96521503&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T02:29:00</pubDate><description>, 09:02 PM EST TAIPEI, Nov 27 (Reuters) - The following Taiwan economic indicators and events are scheduled for release soon: Article DATE LOCAL/GMT INDICATOR/EVENT PERIOD FORECAST PREVIOUS ------------------------------Nov </description><source>Forbes.com</source></item><item><title>4-month high for S.Korea's current account surplus</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96447930&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T05:40:00</pubDate><description>Photo: AFP/HO/GM DAEWOO/FileGm Daewoo South Korea's current-account surplus rose to a four-month high last month on brisk exports and reduced overseas travel spending, the central bank said Friday. The </description><source>InSing.com</source></item><item><title>'Sympathy budget' for U.S. forces under threat</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96608614&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T00:23:00</pubDate><description>THE ASAHI SHIMBUN Print Share Article Pay scales for Japanese workers at U.S. bases should be re-examined as part of a wide-ranging review of the so-called 'sympathy budget' that the central government </description><source>Asahi.com</source></item><item><title>Vietnam market falls on dong devaluation, rate hike</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96443100&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T03:25:00</pubDate><description>HANOI -- Vietnam's stock market suffered its largest drop in seven months after the State Bank raised the benchmark interest rate and devalued the currency. The State Bank on Wednesday raised the prime </description><source>China Post</source></item><item><title>Cheng Siwei: China's monetary policy should not be "too loose"</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96629545&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T06:28:00</pubDate><description>'China's GDP growth rate will definitely reach 8 percent in the 4th quarter,' said Cheng Siwei, former vice chairman of the Standing Committee of the National People's Congress, at a forum on humanities </description><source>People's Daily Online</source></item><item><title>Consumer spending, home sales rise in US</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96617140&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T02:07:00</pubDate><description>US consumer spending and home sales rose more than expected in October, while new claims for jobless benefits fell sharply last week, suggesting the economic recovery was gaining traction. A surprise </description><source>People's Daily Online</source></item><item><title>Japan recession</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96635374&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T06:50:00</pubDate><description>Japanese Prime Minister Yukio Hatoyama on Thursday warned that measures are required so that the economy will not fall into a double-dip recession, fuelling fears that figures indicating an economic recovery </description><source>Financial News Online</source></item><item><title>Consumer confidence reaches 19-month high</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96632813&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T06:25:00</pubDate><description>2:06 pm TWN, By Erin Ho and Y.F. Low, CNA TAIPEI, Taiwan -- Taiwan's consumer confidence in November rose to a 19-month high, a sign that the country's economy might be gradually recovering, according </description><source>China Post</source></item><item><title>Consumers less confident about jobs</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96441996&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T06:12:00</pubDate><description>OTTAWA - Canadians are becoming more pessimistic over the strength of the economic recovery and what it will mean for their finances and job security, a new consumer confidence survey shows. The monthly </description><source>CNEWS</source></item><item><title>Structural inflation cannot be tamed with interest rates, economists say</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96626085&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T05:10:00</pubDate><description>A team of economists say policymakers must look beyond interest rates to deal with the underlying causes of South Africa's chronically high inflation. Their call comes as the economy fights its way out </description><source>Business Report</source></item><item><title>UK: Sales point to recession end</title><link>http://www.congoo.com/news/addstorycomment.aspx?st=96626036&amp;Channel_ID=1&amp;Category_ID=279</link><pubDate>2009-11-27T05:09:00</pubDate><description>An index of retail sales in the UK rose to the highest level in two years this month, adding to evidence Britain has emerged from its longest recession on record. Retailers saying sales volumes rose year </description><source>Business Report</source></item></channel></rss>