Tags: economic-trends

CNMI in depression: commerce chief

08:55:57, 25 November 2008, Radio Australia News

The head of the Saipan Chamber of Commerce has backed a new report, which says the Northern Mariana Islands is in depression, and that the situation is forcing thousands of people to leave the islands, and those left behind are struggling to survive.

No further trade barriers: APEC

08:07:49, 25 November 2008, Radio Australia News

The 21 APEC leaders have ended their summit in Peru with a final declaration that says they will take all necessary economic and financial measures to respond to the global crisis.

APEC leaders statement an echo of past

13:20:37, 23 November 2008, Radio Australia News

Leaders from Asia and the Americas have pledged to push global trade talks and to reform global lending institutions in an effort to keep the world from sliding into a deep recession.

South Korea, Japan, China to meet over economies

22:02:23, 21 November 2008, Radio Australia News

The leaders of South Korea, Japan and China will meet next month to discuss closer cooperation in combating the global financial crisis.

Japan shows sharp dip in exports

03:33:33, 21 November 2008, Radio Australia News

New figures from Japan showed exports last month fell at their fastest pace in more than seven years.

Australia's economy weathering financial storm: central bank

14:14:33, 20 November 2008, Radio Australia News

Australia's Reserve Bank governor, Glenn Stevens, has told a business gathering in Melbourne that Australians should be quietly confident they can make it through the global financial downturn.

Solomon Islands economy to slow, not stop

20:05:13, 18 November 2008, Radio Australia News

The head of Solomon Islands Central Bank says economic growth will slow as a result of the global financial crisis.

Japan in recession

22:53:04, 17 November 2008, Radio Australia News

Asian governments are scrambling to stave off recession as Japan, the world's second largest economy and Australia's top export destination, officially slides into negative growth.

Reforms to stop another financial crisis: G20

09:53:58, 17 November 2008, Radio Australia News

World leaders have pledged rapid action to rescue a weakening global economy from the worst financial crisis in over 70 years and agreed to give emerging nations more say in running financial affairs.

Surplus to help support Australian economy

20:13:46, 16 November 2008, Radio Australia News

In Australia, the Federal Government is giving stronger indications that it will spend the remainder of the budget surplus to make sure the Australian economy stays in positive growth.

World leaders pledge financial action

19:22:54, 15 November 2008, Radio Australia News

World leaders grappling with the worst financial crisis since the Great Depression of the 1930s have pledged to deliver a concrete plan to ward off recession and prevent future meltdowns.

Cambodian property values dropping

14:49:03, 15 November 2008, Radio Australia News

Cambodia's land prices have fallen by up to 25 per cent from a historic peak in June amid the global financial crisis and a border dispute with Thailand that scared off investors.

Global financial crisis affecting Pacific tourism

19:08:24, 14 November 2008, Radio Australia News

Pacific Island nations that are heavily reliant on tourism are beginning to feel the effects of the global financial crisis.

Australian PM under pressure over phone call to Bush

07:54:42, 12 November 2008, Radio Australia News

There have been angry outbursts in Australian Parliament as the Opposition leader, Malcolm Turnbull, accused the prime minister of leaking a converstion with the US President.

Australian economists say urgent rates cut needed

07:54:41, 12 November 2008, Radio Australia News

Australian economists say the Reserve Bank needs to urgently cut rates, after a new a business confidence survey recorded its biggest fall ever.

Australian PM moves to stop jobless growth

18:33:57, 11 November 2008, Radio Australia News

The Australian Prime Minister Kevin Rudd has announced a series of measures aimed at stopping the growth of unemployment.

Australian sharemarket hits low point

18:33:54, 11 November 2008, Radio Australia News

The Australian sharemarket has hit its lowest closing level in nearly a fortnight.

China's inflation hits a 17-month low

15:35:43, 11 November 2008, Radio Australia News

China's inflation rate has hit a 17-month low of four percent in October, down from 4.6 percent the previous month.

Pets, vets feel pinch of S Korean slowing economy

15:35:43, 11 November 2008, Radio Australia News

Pets and vets are feeling the pinch as South Korea's economy slows.

Economics likely to dominate Australia, Indonesia talks

15:35:43, 11 November 2008, Radio Australia News

Australia and Indonesia are holding their ninth annual bilateral ministeral talks in Canberra this week.

Worst of economic crisis over: Australian minister

14:02:17, 11 November 2008, Radio Australia News

Australia's finance minister, Lindsay Tanner, is standing by his view that the worst of the global financial crisis is over, despite more gloomy economic figures.

House prices falls across Australia

14:02:15, 11 November 2008, Radio Australia News

New figures show Australian house prices have continued to remain weak in most capital cities.