Financial Outlook Finance Blog

Archives for November, 2009

Canada’s economy grew for the first time in four quarters from July through September, signaling that the country’s first recession since 1992 has ended.

Japan’s government said Tuesday it will compile an extra budget aimed at supporting the deflation-plagued economy. Takahiro Asaoka, an official for the Cabinet Office, said the size of the supplementary budget would be at least 2.7 trillion yen .

Japan’s government says it will compile an extra budget aimed at supporting the deflation-plagued economy. Takahiro Asaoka, an official for the Cabinet Office, said Tuesday the size of the supplementary budget would be at least 2.7 trillion yen .

Some shoppers are ditching their budgets and splurging a little this holiday season, saying they’re sick of cutting back. From crowded malls to cyber bargain-busters, gift-givers are bucking the trend with a holiday spending binge.

Home Depot Inc. and Lowe’s Cos., the largest U.S. home-improvement chains, are stocking fewer fake Christmas trees as shoppers plan to save money by buying the real thing.

While China has the reputation in the West as a nation of frugal savers, a state-media report cites another sharp rise in overdue credit-card accounts, highlighting a downside to the country’s rapidly expanding economy.

WASHINGTON – The Federal Reserve is taking steps to fine-tune a strategy to reel in some of the unprecedented amount of money that’s been pumped into the economy during the financial crisis.

Dec. 1 — New Zealand’s economy is likely to grow in 2010, buoyed by consumer spending and global demand for exports, according to the New Zealand Institute of Economic Research Inc.

Nov.

Gift givers are getting ready to cut.