Topic: East Asia
China on Saturday called on the eurozone to move quickly to end its debt crisis at a meeting of the world's finance chiefs in Washington."The sovereign debt crisis in the euro area needs to be resolved promptly to stabilize market confidence," China's ...
WASHINGTON (Reuters) - Europe and the United States could slip back into recession next year unless they quickly tackle economic problems that could infect the rest of the world, the International Monetary Fund said on Tuesday.The IMF said financial volatility had increased ...
DALIAN, China (Reuters) - Europe and the United States could face 10 years of slow growth and high unemployment if a global solution for the euro zone debt crisis is not implemented soon, former British Prime Minister Gordon Brown said on Friday."Unless ...
MARSEILLE, France (Reuters) - The yen took a back seat at the Group of Seven finance ministers' meeting, which grappled with Europe's debt crisis and global economic slowdown, but Japan said it met little resistance to further intervention.The G7 economic powers gave ...
TOKYO (Reuters) - Japan's economy shrank in the second quarter at a faster pace than initially reported as companies held back on capital expenditure due to worries about a rising yen and faltering global growth.Economists say Japan is likely to resume growing ...
"I think it's a no-brainer to conclude oil could fall down to $70 per barrel"Let me paint you a picture... No U.S. job growth in August, massive debt in Europe, China's growth slowing to a crawl... and a growing surplus of oil ...
The head of the World Bank on Monday urged China to rebalance its export-driven economy and said taming rising inflation remained the most important challenge for the country in the short term.Robert Zoellick said the world's second-largest economy would have to focus ...
World Bank chief Robert Zoellick warned Saturday that the global economy was heading into a new "danger zone", as he urged China to speed up structural reforms to help its development."The financial crisis in Europe has become a sovereign debt crisis, with ...
SEOUL (Reuters) - If thrift is an Asian virtue, then it is one that South Koreans are notably lacking: each adult has almost five credit cards on average and the household debt burden exceeds that of the United States before the subprime ...
LONDON (Reuters) - U.S. and euro zone governments drowning in debt should look no further than Japan to learn what happens when political deadlock stifles decisive policy-making.As Japan prepares to usher in its sixth prime minister in five years, Moody's this week ...
Photo Gallery
-
South Korea Koreas Clash
South Korean Foreign Minister Kim Sung-hwan, right, shakes hands with U.S ...AP News - -
South Korea Koreas Nuclear
U.S. special envoy on North Korea, Stephen Bosworth, left, and South ...AP News - -
South Korea US Koreas Clash
Stephen Bosworth, US special representative for North Korea policy, talks to reporters ...AP News -
![[APH] The Crazy Family - East Asia](http://i.ytimg.com/vi/oTmkSsFHgew/0.jpg)
