forecast

UK economy faces deep recession

The latest forecast from the Bank of England is for an economic contraction of 4-percent over the...
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Asia up ahead of US stimulus vote

Asia stocks rose ahead of a vote on a$920 billion U.S. stimulus package, looking to turn around...
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Toyota's record $5 bln loss

World No.1 Toyota hiked a record loss forecast Friday to near $5 billion, struggling to cut...
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Honda still in black

In its 60-year history, Honda has never made a loss, but with plummeting sales and a soaring yen...
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Protestors target PM's car

Icelandic protesters angered by the collapse of the country's economy have been taken their...
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Starbucks see no China slowdown

Coffee giant Starbucks is closing stores in markets racked by recession, but says there's no sign...
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Sony $1.1 bln loss - Source

Sony faces an operating loss of $1.1 billion this year, a reversal of a previous $2 billion...
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Malls Push Sales, Other Perks, to Lure Shoppers

In the face of a gloomy spending forecast for the holiday shopping season, malls are playing...
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More downside for Asia's property

Global credit crisis hurts commercial and residential prices. Doom and gloom forecast for...
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Global car sales shrink

Auto sales hit 25-year low, Toyota say earnings will plunge to nine-year low. The past month...
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