TOKYO, Feb 16 - Japanese Economics Minister Kaoru Yosano said on Monday Japan was facing its worst economic crisis since World War 2, after data showed the economy shrank 3.3 percent in the fourth quarter,...
BEIJING, Feb 15 - China needs to take more decisive policy measures to confront the impact of the financial crisis, Premier Wen Jiabao said in remarks published on Sunday. China's economy has weakened sharply under...
TOKYO, Feb 13 - The European Commission will not intervene to support the market for European carbon emissions where futures prices have nosedived along with the economic downturn, the EC's chief climate change negotiator said...
TOKYO, Feb 13 - Bank of Japan Governor Masaaki Shirakawa joined on Friday a growing call for G7 finance heads to take steps this weekend to rescue the worsening global economy. "The world economy is...
SEOUL, Feb 13 - South Korea's new finance minister said on Friday that he would discuss with the central bank the possibility of it buying treasury bonds when necessary. Yoon Jeung-hyun, who took office on...
BEIJING, Feb 13 - Buying U.S. Treasury bonds is an option -- but not the only option -- for China, which is aware that huge debt issuance by Washington would reduce the value of China's...
BEIJING, Feb 13 - Guangdong, which accounts for about 12 percent of China's economic output, is aiming for 8.5 percent growth this year, the province's governor, Huang Huahua, said on Friday. Guangdong's GDP growth slowed...
* ECB's Liikanen, Bini Smaghi say rates could move in March * Experts slash forecasts for growth, inflation * ECB says global recession could explain high forex volatility * Papademos: unconventional steps not linked to...
WASHINGTON, Feb 12 - Republican Senator Judd Gregg said on Thursday he is withdrawing as President Barack Obama's nominee to be Commerce secretary, another blow to the president's attempt to broaden support across party lines....
WASHINGTON, Feb 12 - Republican Senator Judd Gregg said on Thursday he was withdrawing as President Barack Obama's nominee to be Commerce secretary because of political differences, another blow to the president's attempt to broaden...