Wed, Jul 15th, 2009
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TOKYO, July 15 (Reuters) - The Bank of Japan voted on Wednesday to extend its emergency corporate funding support measures to avoid choking off a fragile economic recovery.
The move contrasted with China, where the central bank acted to gently pull back on the reins of the economy as foreign exchange reserves topped $2 trillion -- a sign of money flowing back into the country in anticipation of an improving economy.
Related stories from top sites:
Australian minister says still hopes for China Rio talks
Jul 20th, 2009 - Reuters
PHUKET, Thailand, July 22 (Reuters) - Australian ForeignMinister Stephen Smith on Wednesday said he still hoped to meethis Chinese counterpart to discuss Rio Tinto's detainedemployees after Beijing officials said no meeting was planned. Smith...
Bernanke: Economy getting better, but...
Jul 20th, 2009 - CNNMoney
NEW YORK (CNNMoney.com) -- Federal Reserve Chairman Ben Bernanke told lawmakers Tuesday that the economy has started to show signs of stabilization, although he cautioned that improvement is uncertain and likely to be gradual going forward.
Asia stocks hit 10-month high as earnings reassure
Jul 20th, 2009 - Reuters
HONG KONG (Reuters) - Asian stocks scaled a 10-month peak on Tuesday after upbeat company earnings reassured investors that a U.S. economic recovery is taking root, prompting a further shift into riskier assets and away from the safe-haven dollar.
Bernanke Heads to Congress Battling Calls to Tame the Fed
Jul 20th, 2009 - Wall Street Journal
Federal Reserve Chairman Ben Bernanke helped steer the economy away from what he calls "Depression 2.0." Now he's trying to defend the Fed itself. As Mr. Bernanke heads to Capitol Hill today for two days of testimony on the economy...
Countering Riots, China Rounds Up Hundreds
Jul 20th, 2009 - Heraldtribune.com
URUMQI, China — The two boys were seized while kneading dough at a sidewalk bakery. The livery driver went out to get a drink of water and did not come home. Tuer Shunjal...
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