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Example Headline of Genre for Date
S.Korea to make first use of US currency swap deal
AP - The Bank of Korea said Thursday that local banks will have their first chance to utilize a currency swap deal with the U.S. Federal Reserve aimed at alleviating a dollar shortage caused by the global credit crunch.
China says impact of global crisis deepening
AP - The impact of the global financial crisis on China's economy is deepening and a large interest rate cut announced Wednesday is essential to boosting slowing growth, the country's top planner said.
German unemployment down in November
AP - Germany's Federal Labor Agency says the country's unemployment rate dipped to 7.1 percent in November.
Dollar drops versus euro, yen
AFP - The dollar fell against the euro and yen on Thursday as a steady flow of poor US economic data depressed sentiment, traders said.
Oil falls below $54 as US demand outlook worsens
AP - Oil prices fell below $54 a barrel Thursday as dismal U.S. economic data and rising crude inventories outweighed the possibility of production cuts by OPEC and Russia.
Gov't Still Lacks Clear Crisis Plan
Investor's Business Daily - When Treasury Secretary Henry Paulson reversed course Nov. 12 and planned a breather in financial rescue efforts, many analysts said it was the government's latest miscue in efforts to stem the worst financial crisis in decades.
Slew Of Weak Data Confirms Economy In Sharp Recession
Investor's Business Daily - A quartet of reports out Wednesday showed the U.S. economy is in the throes of a painful recession, but investors still had reason to be thankful.
BVI premier warns of stalled construction projects
AP - The premier of the British Virgin Islands is warning of budget cuts and says construction projects will likely be placed on hold to weather a global financial crisis.
Spain: economic stimulus plan to create jobs
AP - Spain's prime minister has announced an euro11 billion ($14 billion) stimulus plan to revive the country's flagging economy.
Consumers Hit the Net, Not Stores, for Holiday Shopping
NewsFactor - With an unstable economy and the biggest holiday shopping season upon us, consumers are staying indoors and using their computers and wireless devices to do their holiday shopping. More people are expected to shop online this holiday season to do comparison shopping, take advantage of free shipping, and search for gifts using search engines instead of driving from store to store.
Fujitsu Siemens to cut 700 jobs in Germany
Reuters - Fujitsu Siemens Computers plans to slash around 700 jobs in Germany -- 12 percent of its workforce in the country -- due to continued competitive and economic challenges, it said on Thursday.
Euro stable as dollar safe haven appeal dims
AFP - The euro held firm against the dollar Thursday as the US currency's safe haven status dimmed in calm trade on a day when US markets were closed for the Thanksgiving holiday.
Two U.S. states see boost from gay weddings
Reuters - As same-sex marriage stalls in California and a U.S. recession looms, Massachusetts and Connecticut are carving out an economic niche for gay and lesbian weddings -- and the spending that comes with them.
Japan's October industrial production down sharply
AP - Japan's government reports that the country's industrial production fell 3.1 percent in October from the previous month, as the global slowdown forced companies to cut output.
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