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Written by Hamza   

Foreclosure rates up by smallest amount in 4 years

Thu, 11 Mar 2010 06:17:31 GMT
WASHINGTON (AP) -- The foreclosure crisis isn't over, but the pace of growth may finally be slowing down....

2-second video causes headache for ABC News

Thu, 11 Mar 2010 06:10:29 GMT
NEW YORK (AP) -- For the want of a better two-second picture of a tachometer, ABC News has called into question its reporting on acceleration problems with Toyota vehicles....

Watchdog: GMAC bailout could cost taxpayers .3B

Thu, 11 Mar 2010 05:07:00 GMT
WASHINGTON (AP) -- The Treasury Department sank billions into auto finance giant GMAC Inc. without an exit strategy or proof the company was viable - a decision that could cost taxpayers .3 billion, a new watchdog report says....

China's inflation accelerates in February

Thu, 11 Mar 2010 07:40:55 GMT
BEIJING (AP) -- China's inflation spiked higher in February, adding to pressure on Beijing to prevent overheating and keep the recovery in the world's third-largest economy on track....

Asian stocks lower amid spike in China inflation

Thu, 11 Mar 2010 05:56:08 GMT
BANGKOK (AP) -- Asian stock markets were mostly lower Thursday as China's burst of inflation and Japan's weaker growth tempered confidence in the regional economic rebound....

Oil falls below as traders eye weak US demand

Thu, 11 Mar 2010 05:31:06 GMT
SINGAPORE (AP) -- Oil prices fell below a barrel Thursday in Asia as traders eyed tepid U.S. crude demand amid an overall economic expansion....

India aims to be world's fastest growing economy

Thu, 11 Mar 2010 07:24:12 GMT
MUMBAI, India (AP) -- Just how fast can India grow? Ask Manal Farooq, who can't make gloves quickly enough....

Spike in Prius complaints may not be all it seems

Thu, 11 Mar 2010 07:25:32 GMT
NEW YORK (AP) -- Reports of sudden acceleration in the Toyota Prius have spiked across the country. But that doesn't mean there's an epidemic of bad gas pedals in the popular hybrid....

Bank of Korea keeps interest rate at record low

Thu, 11 Mar 2010 07:27:06 GMT
SEOUL, South Korea (AP) -- South Korea's central bank left its key interest rate at a record low Thursday amid international sovereign debt concerns and as the institution prepares for a leadership change....

Japan's 4Q growth weaker than first estimated

Thu, 11 Mar 2010 06:07:18 GMT
TOKYO (AP) -- Japan's economic growth was weaker than first estimated in the fourth quarter, underscoring a patchy recovery in the world's No. 2 economy....




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