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Moody's now appears concerned that, in its words, "the government's efforts to achieve fiscal consolidation and reduce debt are being hampered by weaker than expected economic prospects".
Fears of an early rise in US interest rates were eased on Friday by weaker than expected jobs data, helping to pull global markets out of the tailspin they had endured in another volatile week of trading.
The rally in Japan was prompted by weaker than expected growth figures, which led to speculation that the Bank of Japan would also step in to shore up the economy.
On the down side, the fourth-quarter figures fell short of most Wall Street estimates, held back by weaker than expected European sales and high promotional costs for new models.
The deficit was triggered by "weaker than expected demand at the high end... along with weak sales in China", the company said in a statement, which said third quarter revenues were forecast to fall to between TW$19bn and TW$22bn.
EchoStar shares were pressured by weaker than expected third-quarter earnings and subscriber growth.
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Industrial production remained 2.0% higher in September than a year earlier.The value of retail sales in America grew by a weaker than expected 0.2% in September, held back by a 2.8% drop in sales of motor vehicles and parts.
Several analysts said they were surprised by a weaker than expected expansion in Walgreen's gross margin, which is a basic measure of profitability.
Core CPI ran at 2.0%, the highest for 21 months, up from 1.7%.According to figures from America's Treasury Department, net private foreign purchases of securities in America fell to $37 billion in August, well below their peak earlier this year.Industrial output in America rose by a weaker than expected 0.1% in September.
Worries about the US economy were also exacerbated by a much weaker than expected reading on the Philadelphia Federal Reserve's manufacturing index, a key gauge of the strength of American industry.
Also, BizRate found that online sales of computers, the single-biggest category by dollars, have been weaker than expected, mirroring the overall softness in the computer business.
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