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Alcoa third-quarter net down; cutting back spending
Published October 7, 2008, 7:43 pm, Reuters
NEW YORK (Reuters) - Aluminum producer Alcoa Inc said it was halting major capital projects in the face of uncertain markets, after it posted a lower-than-expected quarterly profit on softer demand in key sectors like the aerospace and auto industries.
Japan: Asian Central Banks Offer Mixed Policy Decisions
Published October 7, 2008, 7:27 pm, Sin Chew Jit Poh
TOKYO, JAPAN: Hopes for a coordinated interest rate cut among the world's major economies to ease a global credit crunch have been anything but in sync the last couple days in Asia.
Economists pick cut in OCR to 6.5%
Published October 7, 2008, 7:10 pm, Otago Daily Times
Economists are expecting a historic move by the Reserve Bank (RBNZ) when it reviews the official cash rate (OCR) this month -- with some forecasting a cut of 100 basis points to 6.5 percent.
Conservatives Face Defeat Over Economy - Polls
Published October 7, 2008, 7:00 pm, Nasdaq
OTTAWA (AFP)--For the first time, polls suggested Tuesday that the Conservative party could lose the Oct. 14 election, as fears of global economic turmoil struck Canada and sapped the incumbent party's support.
This bear market not that grisly yet
Published October 7, 2008, 7:00 pm, Philly.com
The Dow Jones industrial average plunged in late afternoon trading today, ending another disastrous day for stocks and solidifying this downturn as, remarkably at this point, only an average bear market.
Recession looms for Singapore: economists
Published October 7, 2008, 6:46 pm, AFP via Yahoo! Malaysia News
Singapore appears headed for its first recession since 2002 as the city-state suffers from a US economy wilting under its worst financial crisis since the Great Depression, economists say.
Conservatives face defeat over economy: polls
Published October 7, 2008, 6:40 pm, AFP via Yahoo! News
For the first time polls have suggested that the Conservative party could lose the October 14 election, as fears of global economic turmoil struck Canada and sapped the incumbent party's support.
Key Points Examined for the Chilled Food Market in Japan Which Includes Forecasts to 2011
Published October 7, 2008, 6:00 pm, Business Wire via Yahoo! Finance
DUBLIN, Ireland----Research and Markets has announced the addition of the "Chilled Food in Japan to 2011" report to their offering.
U.K. Economy Entered a Recession in Third Quarter, Niesr Says
Published October 7, 2008, 5:33 pm, Bloomberg
Oct. 8 (Bloomberg) -- The Bank of England should cut the benchmark interest rate by a half point tomorrow after the economy tumbled into a recession in the third quarter, the National Institute for Economic and Social Research said.
Merino vital to rebound of the national flock
Published October 7, 2008, 5:19 pm, Stock & Land
MERINOS will need to be the base for any serious rebound in the national flock.
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