30 Mar '11, 1am

US consumers more pessimistic as energy costs rise

WASHINGTON - United States consumers turned gloomy in March as rising energy prices ignited fears of inflation, a change in mood that could dent economic growth. Another report yesterday showed home prices fell for a seventh straight month in January but held above their post-housing bust low of April 2009. The reports added to signs the US economy lost momentum in early 2011, although the impact of high energy prices - aggravated by unrest in the Middle East - is likely to be temporary, economists said. They point to an improving labour market as underpinning growth. "We are likely looking at a continuing pattern of 'two steps forward, one step back' in terms of the collective mood, given the sources of uncertainty and risk that will not be easily resolved," said Mr Jim Baird, a partner at Plante Moran Financial Advisors. The Conference Board, an industry group, said its ...

Full article: http://www.todayonline.com/Business/EDC110330-0000066/US-...

Tweets

Oil prices rise on Libya export concerns

channelnewsasia.com 29 Mar '11, 8pm

NEW YORK - Oil prices ended three days of losses Tuesday as traders weighed war-torn Libya's capacity to resume crude oil ...

US relief groups say they have collected about $189 million in donations for relief efforts in Japan

US relief groups say they have collected about ...

straitstimes.com 30 Mar '11, 1am

This handout photo taken on March 15 by the US Navy shows donated supplies filling a hangar at the Naval Air Station Atsug...

TODAYonline | Business | Rise in S'pore bank le...

todayonline.com 01 Apr '11, 11am

SINGAPORE - Total bank lending in Singapore rose 17.3 per cent in February to S$334 billion from a year earlier, data rele...

Traces of Japan radioactivity in US rain

Traces of Japan radioactivity in US rain

channelnewsasia.com 28 Mar '11, 8pm

WASHINGTON - Traces of radioactivity from damaged nuclear power facilities in Japan have been detected in rainwater in the...

#singnews Home prices falling in most major US cities: NEW YORK - HOME prices are falling in most maj... #worldnews

#singnews Home prices falling in most major US ...

straitstimes.com 29 Mar '11, 2pm

Home prices are falling in most major US cities, and the average prices in four of them are at their lowest point in 11 ye...

US military strikes on Libya have cost nearly $700 million so far, the Pentagon said

US military strikes on Libya have cost nearly $...

straitstimes.com 30 Mar '11, 1am

A weapon is carried on a trailer at the Aviano Nato airbase in Aviano, Italy. -- PHOTO: AP WASHINGTON - US MILITARY strike...

Singapore property prices rise to record high: ...

sg.news.yahoo.com 01 Apr '11, 9am

Singapore's housing prices inched higher to a fresh record high in the first quarter even as the government implemented me...

TODAYonline | Commentary | Wanted: Alternatives...

todayonline.com 07 Apr '11, 10pm

The problem of long-term energy sources has been drifting towards crisis for decades. Indeed, the catastrophes in Japan mi...

The Japanese govt will consider tax hikes as an option to help cover the costs of disaster relief: Naoto Kan

The Japanese govt will consider tax hikes as an...

straitstimes.com 29 Mar '11, 4am

Japanese Prime Minister Naoto Kan said he wouldn't rule out any options to cover the cost of disaster relief, including a ...

China set to overtake US as world's scientific ...

todayonline.com 30 Mar '11, 1pm

LONDON - China could overtake the United States as the world's dominant publisher of scientific research by 2013, accordin...