South Korean Manufacturers’ Confidence Weakens as Commodity Prices Advance - Bloomberg

South Korean manufacturers’ confidence fell to a two-month low as rising commodity prices and an appreciation in the won clouded the outlook for exporters.
An […]

Magna to build big plant in Mexico

Magna International says it will invest more than $100 million to build a major auto parts stamping plant in central Mexico that will employ a […]

Natural gas prices fall on ample supplies

Natural gas prices fell Thursday as winter headed into its final months with plenty of gas still on hand across the country.
Natural gas futures for […]

EU Envoy Rehn Rebuffed on Debt-Crisis Fix as Merkel’s FDP Allies Hold Firm - Bloomberg

Chancellor Angela Merkel’s coalition partner rejected an appeal by the European Union’s top economic official to back more crisis-fighting measures, underlining the risks to government […]

Oil prices fall as Saudis hint at raising supplies

The price of oil fell on Monday after the Saudi oil minister hinted that his country, the world’s biggest oil producer, may raise supplies to […]

European Rescue Fund May Buy Bonds, Recapitalize Banks, ECB’s Stark Says - Bloomberg

European Central Bank Executive Board member Juergen Stark said measures to strengthen the region’s rescue fund could include purchases of government bonds or injecting cash […]

Total sales of existing homes in St. Louis area

Numbers drop
Sales of existing houses, metro St. Louis
Year Amount
2008 30,344
2009 29,524
2010 26,243
Source: MARIS, Realtors Association of SW Illinois, Kelsey Cottrell Realty, Greater Gateway Realtors Association
Source

South African Inflation Rate Declined to 3.5% in December on Rand Strength - Bloomberg

South Africa’s inflation rate fell to 3.5 percent in December as a rally in the rand limited import costs, keeping the door open for […]

Portuguese Bailout Will Make Euro Crisis Worse: Matthew Lynn - Bloomberg

New year, new crisis. No sooner had Europe’s bond traders, politicians and central bankers gotten back to their desks than it was time to begin […]

Ottawa makes it harder for some to get a mortgage

OTTAWA