Thursday, July 15, 2010

It's the economy (Thursday, July 15, 2010)

BC Real estate favours the buyers, US companies look to Asia and in China the rich are young and are getting richer, some of the items for our review of the Thursday financials.

Globe and Mail-- Senate clears sweeping bank bill for final passage
Globe and Mail-- Toyota concedes some acceleration flaws
Globe and Mal-- Canada Post thinks outside the mailbox
National Post-- Foreigners to keep investing in Canada
National Post-- Senate passes historic Wall Street bill
National Post-- BP's trials and the conspiracy theorists
Vancouver Sun-- B.C. real estate a buyer’s market, as sales fall in June
New York Times-- China’s Efforts to Tame Growth Are Succeeding
New York Times-- BP Faces Scrutiny in Lockerbie Case
New York Times-- The Future of Finance: International Edition
USA Today-- Initial jobless claims drop sharply; wholesale prices dip
USA Today-- U.S. companies turn to China, other Asian nations, for growth
Guardian UK online-- BP troubles deepen with Buncefield verdict
Guardian UK online-- JP Morgan Chase sets aside $5.8bn to pay investment bankers for six months
Guardian UK online-- Banks pledge to investigate collapse of lending to small businesses
The Independent-- BP denies lobbying for Lockerbie bomber release
The Independent-- Joblessness falls thanks to rise in part-time work
Telegraph UK online-- Would UK recovery be quicker if we started to pick winners?
Telegraph UK online-- The financial crisis blame-game: have we got it right in just blaming the bankers?
Telegraph UK online-- China's economic growth eases, raising fears of deeper slowdown
Melbourne Herald Sun-- Australand gets $1.3bln debt facility
Melbourne Herald Sun-- Mine tax may yet fall short
Sydney Daily Telegraph-- BHP Billiton fined $96,000 for Scott Rigg's death
People's Daily-- The rich are getting richer and younger
People's Daily-- China's economy still on track despite Q2 growth slowdown
China Daily- China's economy slows moderately
China Daily-- China surpasses India for outsourcing
Times of India-- Indian rupee gets a symbol, joins elite currency club
Times of India-- HDFC net rises 23% on lower interest expenses

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