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Abu Dhabi economic performance 'positive'The macroeconomic and sectoral indexes of the second quarter of this year reflect a positive economic performance in Abu Dhabi, particularly in non-oil activities, a report said. This confirms the rising levels More… |
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Japan approves $130bn fiscal stepsJapanese Prime Minister Shinzo Abe's cabinet approved 13.5 trillion yen ($132 billion) in fiscal measures on Tuesday even as the central bank fought market speculation that it is preparing to put the brakes on monetary stimulus for the world More… |
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Japan PM Abe to announce $255bn stimulusJapanese Prime Minister Shinzo Abe is planning a stimulus package with a headline figure of $255 billion to reflate the flagging economy, Fuji TV said, though it is uncertain how much of it will consist of government spending. Abe More… |
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Japan preparing $190bn stimulus: sourcesThe Japanese government is preparing a package of economic stimulus measures totaling $190 billion or more, though actual government spending is likely to be less than half that amount, sources involved in the process said on Thursday. More… |
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Stocks hit, euro shines after ECB disappointsAsian shares slipped while the euro retained lavish gains on Friday, a day after its biggest one-day surge in nearly seven years as the European Central Bank's stimulus package fell well short of markets' high expectations. More… |
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Asia joins stocks rally after ECB signals more stimulusAsia extended a global stocks rally on Friday after the European Central Bank signaled its readiness to inject more stimulus, helping the dollar scale a fresh two-month peak against the euro. MSCI's broades More… |
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Iran proposes stimulus to fend off recessionIran's government announced proposals on Saturday to cut interest rates and encourage banks to lend, state television reported, in an effort to boost a stagnant economy after two years of tight monetary policy as inflation slows. More… |
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Asia shares rise as markets await Fed meetingAsian shares rose on Monday in cautious trade, shrugging off soft economic data from China, as investors pondered whether the US Federal Reserve will be confident enough to raise interest rates this week for the first time in a decade. More… |
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China posts slowest growth in 24 yearsChina's economy grew at its slowest pace in 24 years in 2014 as a cooling property market weighed on demand and is expected to lose more momentum this year, keeping pressure on policymakers to head off a sharper downturn. But More… |
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China industrial activity shrinks in DecemberActivity in China's factory sector contracted in December for the first time in seven months, the latest in a string of weak economic indicators that will intensify calls for more stimulus measures to head off a hard landing. More… |
