Topic: Asian Economy
Japan jobless rate drop, Toyota threat remains
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 ...
World markets get lift from solid economic data
AP News
World markets get lift from economic data; pound remains under pressure despite British growthWorld markets rose Friday after mostly solid economic data helped shore up investor optimism, at the end of a week when concerns about Greece's debt crisis and the U.S. recovery from recession have weighed on ...
IMF post to "strengthen" cooperation: China
AFP Global Edition
The naming of a senior Chinese central bank official as special advisor to the IMF chief will "help strengthen cooperation" between the Fund and emerging nations, the spokesman for the Chinese embassy said Wednesday. IMF managing director Dominique Strauss-Kahn on Tuesday notified the fund's executive board of his intention ...
Global recovery doubts send Asian markets lower
AFP Asian Edition
Weaker-than-expected data from the United States and Europe triggered fresh doubts about the pace of global recovery Wednesday, with Asian markets trading broadly lower. February US consumer confidence data released Tuesday eroded expectations for sustainable consumer spending and a quick economic recovery in the United States, prompting a risk-averse reaction ...
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