Filed Under (Business News) by Fred Chan on 09-03-2009
What began 60 years ago as a humble television store in this sleepy Southern capital ended Sunday as Circuit City closed its doors for good – its 567 remaining U.S. stores to be left broom clean and vacant.
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Filed Under (World Economy) by Fred Chan on 09-03-2009
The World Bank said Sunday that the global economy will shrink this year for the first time since World War II and that the global financial crisis will make it tougher for poor and developing nations to access needed financing.
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Filed Under (World Economy) by Fred Chan on 09-03-2009
TOKYO (AP) – Japan posted a record current account deficit in January, plunging into the red for the first time in 13 years due to plummeting demand for Japanese exports and a deepening global downturn, the Ministry of Finance said Monday.
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