Topic: Tokyo

Bleak housing data showed the United States and Britain were sinking deeper into recession and authorities from Washington to Tokyo worked hard to spend their way out of the worst downturn in decades. Japan's government on Wednesday approved its biggest-ever budget to ...

World stocks mostly drop in pre-Christmas trading

Global stocks mainly fell on Monday, despite a multi-billion-dollar US government lifeline for the American auto industry, as analysts warned of volatile trading in the run-up to Christmas.Investors also pondered whether markets would enjoy a so-called Santa rally at the end of ...

World stocks mostly drop in pre-Christmas trade

Global stocks mainly fell on Monday, despite a multi-billion-dollar US government lifeline for the American auto industry, as analysts warned of volatile trading in the run-up to Christmas.Investors also pondered whether markets would enjoy a so-called Santa rally at the end of ...
Asian markets were lower Monday as world finance leaders gave a grim forecast for 2009 despite US President George W. Bush offering a multi-billion-dollar lifeline to the auto industry.Traders had been lifted by the announcement at the weekend of the 13.4 billion ...
Asian shares were mixed on Friday, with Tokyo and Hong Kong falling on deep economic concerns, despite Japan cutting its key interest rate to nearly zero to tackle a recession, dealers said.Tokyo closed 0.91 percent lower after giving up brief gains that ...
Japan's Honda Motor Co. will cut its full-year forecast for a third time this year due to a soaring yen and plummeting sales as the world economy slows down, reports said Wednesday.Honda, which this month announced a shock pullout from prestigious Formula ...

Amid Recession, Tokyo Is AWOL

Japan's economy is doing worse than expected, and the government is too paralyzed to do anything about it. But that may be a good thing, forcing corporate Japan to shape up by itself in tough times.. Jesper Koll, Tokyo research head for ...

Economic crisis sweeps deeper into Asia

Asian economic giants Japan and India on Friday revealed fresh damage from the global financial crisis, which has battered international trade and consumer spending.Japan slipped deeper into recession with factory output tumbling 3.1 percent and consumer spending dropping 3.8 percent in October, ...

Stocks rise, but grim economic news pours in

Massive stimulus efforts to stave off a global recession steadied stock markets on Thursday, but grim outlooks in China and elsewhere indicated that the economic crisis still had long to run.London and other world stock markets rallied a day after the EU ...
Investors in Asia reacted cautiously Wednesday to the latest plan by the US Federal Reserve to unblock credit markets, with stock markets in the region showing mixed fortunes.The gloomy outlook for the global economy weighed on sentiment, prompting profit-taking in some markets ...