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Articles tagged with: global recession

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South Korean economy grows more than 3% in 3rd quarter

Although the South Korean economy grew in the 3rd quarter, it was still not the growth that they had hoped for. In the second quarter, GDP had increased 4.8%.
The slowdown was because of a lack of new construction and slumping currency.
The slowdown in South Korea …

Good morning markets!

It looks like it may be another bad day on Wall Street…if Asian markets are any indicator of how our markets will perform anyway.
In the Philippines,the market fell 12 percent after government officials failed to ease the global recession fears. The Tokyo market had …

Dow finishes under 10,000 for the first time since 2004

Today was a bad day on Wall Street. At one point in the day, the Dow was down 800 points, it finally closed down just 370 points. However, it still closed under 10,000 for the first time since 2004.
The reason for the drop …