Wednesday, September 19, 2007

Recession in USA Latest Update.

Investors fear US slowdown could hit Indian IT firms (The Hindu)

Mumbai, Sept 17 With concerns of a slowdown in the US economy resurfacing, Indian IT firms lost significant ground on the bourses in the last one week.

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Metals - Copper, metals rise as Fed rate cut eases fears over US economy UPDATE (Sharewatch)

(Updating with full report) LONDON (Thomson Financial) - Copper rose, leading gains across the base metals, as the complex rallied in the wake of the US Fed's decision to cut interest rates last night, which allayed fears a faltering US economy could cut demand for the metals.

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S&P warns of slowdown in China (Taipei Times)

China's top companies will see a slowdown in breakneck growth over the next 18 months, under pressure from the US economy and concerns over the "made in China" tag, Standard & Poor's said yesterday.

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Will Fed rate cuts boost US economy? (BBC News)

US interest rate-setters have decided to cut rates for the first time since mid-2006. How will the move affect you?

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Market booms on US rate cut (Sydney Morning Herald)

Local shares rocketed as much as 2.4 percent this morning after a hefty interest rate cut by the US Federal Reserve eased worries about a slowdown in the world's biggest economy.

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