U.S Week Ahead: Retail Earnings Loom 5/8/2009

If you thought earnings season was over, think again. Here’s a look at what companies are yet to report and what key data releases will be out in the new week. Stacey Delo reports. (May 8 )


Asia’s Week Ahead: Spotlight On Sony Results 5/8/2009

Consumer electronics giant Sony will headline a slew of earnings reports from Asia next week. Nikon and Panasonic also will report. China will release consumer price data and the Bank of Korea will hold a meeting on interest rates. (May 8 )


Europe’s Week Ahead: Results In Focus 5/8/2009

The results season churns on with a focus on telecom operators, defense companies and banks. Telefonica, British Telecom, EADS and banking giant HSBC will headline the week. (May 8 )

Category: Markets, Video

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One Response to “US, Asia Europe: The Week Ahead 5.11.09”

  1. FromLori says:


    Communists Can’t Outspend Capitalists as China Jobless Increase
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    By William Mellor

    May 11 (Bloomberg) — Over bowls of chili tofu and mushrooms at a restaurant in Shenzhen in China’s humid Pearl River Delta, Terence Yap says he’s not alarmed that U.S. investors drove his company’s share price down 58 percent over the past year.

    “We are in the right business in the right place at the right time,” Yap, 38, says as he gestures toward a gray industrial landscape that disappears into a pollution-blurred horizon. His occupation: selling surveillance equipment to a Chinese government that’s stepping up security spending as the economy slows, unemployment rises and the population grows restless. “We are in the business of providing peace of mind,” he says.

    Peace of mind is getting harder to find for China’s leaders. Premier Wen Jiabao has pledged to ensure “social stability” as the government estimates that as many as 30 million rural migrants — those Chinese who work in factories or seek urban construction jobs — may have no income.

    “We will launch intensive campaigns to ensure public security and maintain law and order,” Wen told the National People’s Congress in Beijing on March 5. China’s unemployment rate is about 9.4 percent, according to an estimate by the Chinese Academy of Social Sciences — more than double the government’s March figure of 4.3 percent for the registered urban unemployed it officially tracks. Adding to the burden are a record 6 million Chinese college graduates who are entering the job market this year.

    Jobs Jostle