World Economy

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  • Japan's central bank keeps interest rate unchanged

    Nov 20th, 2009 - sacbee

    Japan's central bank keeps interest rate unchangedTOKYO -- Japan's government highlighted the danger of deflation for the first time in three years Friday, warning that falling prices and a further worsening of the labor market could drag on the weak recovery. Meanwhile...

  • Hatoyama's Cabinet Presses Bank of Japan to Fight Deflation

    Nov 19th, 2009 - Bloomberg

    Nov. 20 (Bloomberg) -- Japanese government ministersincreased pressure on the central bank to tackle falling pricesin the world’s second-largest economy. “My understanding...

  • Road deaths cost world economy $500bln-Kremlin

    Nov 19th, 2009 - Reuters

    MOSCOW, Nov 19 (Reuters) - Russian President Dmitry Medvedev on Thursday called on world powers to battle a rising tide of road accidents which he said killed the equivalent of a major city each year and drained the global economy of $500 billion.

  • BEFORE THE BELL:US Stock Futures Remain Down After Jobs Report

    Nov 19th, 2009 - Wall Street Journal

    (Updates to add jobs report data, latest available prices) U.S. stock futures pointed to a downbeat start Thursday after weekly jobless claims came in nearly as expected...

  • OECD Doubles 2010 Growth Forecast, Recovery to Widen

    Nov 19th, 2009 - Bloomberg

    OECD Doubles 2010 Growth Forecast, Recovery to WidenNov. 19 (Bloomberg) -- The Organization for EconomicCooperation and Development doubled its growth forecast for theleading developed economies next year and predicted a furtheracceleration in 2011 as China powers a global recovery.

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