Posts Tagged ‘global economy’

Bank of Japan announces $128 billion stimulus

The Bank of Japan (BOJ) on Wednesday announced it was easing monetary policy by significantly expanding its asset purchasing fund amid a slowing global economy and increased tensions with China that have derailed the recovery of its economy that relies heavily on exports. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Australia’s central bank holds interest rates steady

Australia’s central bank on Tuesday held its key interest rate steady, keeping it unchanged for the third straight month, although it admits that the slowing global economy continue to weigh on Australia’s economic growth. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

IMF: U.S. should avoid “fiscal cliff” with too steep cuts

The International Monetary Fund warned the U.S. that it is risking a flat economic growth in 2013 if it continues to move towards a “fiscal cliff” characterized by Washington’s current tax and spending plans. An IMF report released Tuesday states that a U.S. annual growth rate of under 1 per cent will be detrimental to […]

OECD says Europe’s debt crisis could hamper global economic recovery

The biggest threat to recovery for the global economy is Europe’s sovereign debt, the Organization for Economic Cooperation and Development warned Tuesday. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Asian Stocks Pare Declines After G-20 Pledges ‘Strong’ Response

Asian stocks pared declines after finance chiefs from the Group of 20 nations said they would address “heightened downside risks” from sovereign debt and a slowing global economy. View full post on Finance Stories

Lagarde Says Global Economy on Rebound, Pledges More Diversity at IMF

Former French finance minister has a busy agenda as she takes the reins of an institution struggling to contain the European debt crisis View full post on Business Stories

World Leaders’ Optimism On Economy Lifts Shares

Comments from the Group of 8 industrial nations about the global economy’s strength offset a slump in home sales in the United States. View full post on Business Stories