CAMP DAVID, Maryland (Reuters) – World leaders backed keeping Greece in the euro zone on Saturday and vowed to take all steps necessary to combat financial turmoil while revitalizing a global economy increasingly threatened by Europe’s debt crisis. A summit of the G8 leading industrialized nations came down solidly in favor of a push...
TOKYO (Reuters) – Japan's economy rebounded in January-March from a lull in the previous quarter, shaking off the pain of a strong yen and Europe's debt crisis on solid consumer spending and rebuilding from last year's earthquake. KEY POINTS: – Gross domestic product (GDP) expanded 1.0 percent in January-March from the previous quarter after...
(MENAFN – Qatar News Agency) The government's debt hit a record 959.95 trillion yen ($12 trillion) at the end of fiscal 2011, the Finance Ministry said Friday. According to the ministry Japan's … (get the story…)
TOKYO (Reuters) – Shares, oil and other riskier assets slumped on Monday after elections in Greece and France saw incumbents defeated, raising fears the collective response to the euro zone debt crisis seen as crucial to holding the currency bloc together is fracturing. MSCI's broadest index of Asia-Pacific shares outside Japan slid 2.3 percent...
