Singapore Property & Finance News

UK economy 'now at 28-year low'

The UK economy likely declined 1.5% in the last three months of 2008, its worst performance in 28 years, a study reports.
US job losses hit record in 2008

More US workers lost jobs in 2008 than in any year since World War II, with employers axing 2.6 million posts.
Iceland buys 51 Woolworths stores

Frozen food retailer Iceland buys 51 former Woolworths stores, and says it plans to create 2,500 new jobs.

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China shares gain, led by power companies, banks - Columbia Missourian

Chinese shares rebounded Friday as investors hunted bargains and power companies rose after a government capital injection into one electricity supplier. The benchmark Shanghai Composite Index rose 1.4 percent, or 26.68 points, to close at 1904.86 ...
Valley set to pursue stimulus funding - AZCentral.com

Valley government officials want to make sure their own bureaucracy doesn't restrict the flow of federal economic stimulus dollars headed for Arizona. County and municipal leaders said they are planning to apply for billions of dollars in funding ...
U.S. sheds more jobs in December - International Herald Tribune

More than half a million Americans lost their jobs in December, making 2008 the worst year for U.S. employment since World War Two, while Europe's woes mounted as output from its factories plunged. The U.S. unemployment rate jumped to a 16-year high ...

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