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Slowing port traffic worldwide signals bleak 2010 (Detroit Free Press)
Port traffic is slowing around the world -- everywhere from North America to Asia -- as a recession erodes consumer demand and the credit crisis chokes off loans to export-dependent companies.

Share values of 23 major pharma cos decline by 33% during 2008 (PharmaBiz)
The year 2008 is marked by volatile movements on the stock market with heavy selling pressure by foreign financial institutions and general investors on account of recessionary conditions worldwide.

South Africa: Reality Check (AllAfrica.com)
Johannesburg — THE year has started on an upbeat note, with local shares and even the rand taking its cue from hopes that rescue packages will halt the first global recession since the Second World War. But it is far too soon for complacency, and many South Africans still seem to think that the domestic economy can be seen in isolation from the rest of the world.

Japan’s Bonds May Post First Loss Since 2003 as Debt Sales Rise (Bloomberg)
Jan. 2 (Bloomberg) -- Japanese government bonds may fall this year for the first time since 2003 as policy makers increase debt sales to finance a 10 trillion yen ($111 billion) economic stimulus-plan.

Japan stocks rise on insurance merger reports (Miami Herald)
Japanese stocks rose for a third straight session Monday, lifted by hopes for mergers in the insurance and semiconductor sectors.