Topic: Asian Economy
Bank of Japan to mull further credit easing: report
AFP Asian Edition
Japan's central bank will likely consider more monetary easing to fight stubborn deflation as the world's second largest economy recovers from a severe recession, a newspaper reported Friday. The Bank of Japan's policy board is expected to discuss new steps to tackle deflation at a two-day meeting ...
China emerges as Sri Lanka's top lender in 2009
AFP South Asian Edition
China has emerged as Sri Lanka's biggest single lender in 2009, overtaking the World Bank and the Asian Development Bank, the treasury said Wednesday. China lent 1.2 billion dollars to build roads, a coal power project and a port in the island's south last year, more than ...
GM's China sales up 51 percent in February
AP News
GM says China sales up 51 percent in February on strong demand for Chevrolets, CadillacsGeneral Motors said its February vehicle sales in China rose 51 percent from a year earlier on strong demand for Chevrolet and Cadillac models as well as its popular minivans. The 174,306 vehicles sold by ...
Japan's jobless rate down, but Toyota woes seen as threat
AFP Asian Edition
Japan's jobless rate slipped back below five percent in January, data showed Tuesday, but the government voiced concern that Toyota's recall crisis and deflation could threaten the export-led recovery. The world's number two economy last year emerged from its worst post-war recession, growing in the second and ...
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