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GDP in the OECD Area Fell by a Record 1.5% in the Fourth Quarter of 2008

added: 19-02-2009

Gross domestic product (GDP) in the OECD area fell by 1.5% in the fourth quarter of 2008, the largest fall since OECD records began in 1960, according to preliminary estimates.

Merrill Lynch Fund Manager Survey Finds Chinese Economic Optimism Fuelling Improved Growth Outlook

added: 19-02-2009

Fresh optimism over China's growth prospects has led to a marked improvement in economic sentiment globally, according to the Merrill Lynch Survey of Fund Managers for February.

U.S. Auto Industry: Four out of Five Americans to Keep Current Cars Longer Than Planned

added: 19-02-2009

The US recession has not only hit the home, it has hit the garage. A new study by DriverSide.com and Kelton Research shows that more than four out of every five US car owners now plan to keep their current car longer, due to the bad economic climate.

Venture Capital Investment Outside the U.S. Up 5% to $13.4 Billion in 2008 as More Money Goes to Energy, New Regions

added: 19-02-2009

Venture capitalists continued to seek out investment opportunities outside the United States in 2008 as they put more than $13.4 billion to work in 1,416 deals for emerging companies in Europe, Israel, Mainland China and India last year, according to Dow Jones VentureSource.

Rebalancing the World Economy: OECD Development Co-operation Report 2009

added: 19-02-2009

The 2009 Development Co-operation Report calls upon the international community to stand by its commitment to fight poverty and promote economic development in poor countries. Donor countries should see development co-operation as a strategic part of successful - and stable - globalisation, benefiting all sides. And emerging economies must assume responsibility for their share of the partnership.

Despite Global Economic Crisis, 47% of China Suppliers Expect Double-Digit Growth in 2009

added: 19-02-2009

China's suppliers remain optimistic about sales growth prospects in 2009, with 47% of executives expecting sales growth of 10% or more in 2009. This is according to a survey conducted by Global Sources'Chief Executive China magazine early this month.

Mobile Customers Predict Significant Rise in Mobile TV and Video Usage by 2010

added: 19-02-2009

QuickPlay Media revealed the results of an independent Market Tools survey focused on mobile TV and video consumption in the UK. On a positive note the research revealed consumers are confident in the uptake of mobile TV and video, with 74 percent of respondents expecting an increase in usage by 2010.

The Conference Board Leading Economic Index for Germany Declined 1.9 Percent in December 2008

added: 19-02-2009

The Conference Board Leading Economic Index for Germany declined 1.9 percent and The Conference Board Coincident Economic Index decreased 0.7 percent in December.

Construction Output Down by 2.2% in the Euro Area in December 2008

added: 18-02-2009

In the construction sector, seasonally adjusted production fell by 2.2% in the euro area (EA15) and by 1.7% in the EU27 in December 2008, compared with the previous month. In November, construction output decreased by 1.7% and 1.1% respectively.

Frost & Sullivan Forecasts Early Rebound: Strong Growth Ahead for Global Economy

added: 18-02-2009

Frost & Sullivan, the Growth Partnership Company, reaffirms its position that the economy is regaining its strength, thanks in part to an unprecedented US $1 trillion stimulus package from the US government and additional stimulus packages from foreign governments.

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