State Forex Station
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Archive for November, 2009
Construction of new homes in the US fell in October to their lowest level in six months amid continued uncertainty among homebuyers over the sustainability of the rebound in the housing market.
The housing starts figures from the Commerce Department show that the number of new homes started in October dropped by 10.6% from September, to [...]
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- Tags: US Housing
Standard & Poor’s has given warning that nearly all of the world’s big banks lack sufficient capital to cover trading and investment exposure, risking further downgrades over the next 18 months unless they move swiftly to beef up their defenses.
Every single bank in Japan, the US, Germany, Spain, and Italy included in S&P’s list of [...]
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- Tags: global banks
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