Japan expands asset purc, Spain steps up austerity amid protests and other Economy news

The economy news of 2012-07-12 on Tamugaia - Japan expands asset purchase programme, and Spain steps up austerity amid protests.
Japan expands asset purchase programme - The Bank of Japan has added Y5tn ($63bn) to its asset-purchasing programme dashing hopes of more powerful action to check the rise of the yen... [ View ]

Spain steps up austerity amid protests - Spain is to increase sales tax and cut unemployment benefits as it seeks to raise €65bn over the next two years to reduce the budget deficit... [ View ]

Brazil’s central bank eases rates further - The BCB cuts the country’s benchmark Selic for the eighth straight time to a new low of 8% as policy makers struggle to kick-start growth... [ View ]

S Korea in first rate cut since 2009 - South Korea has cut its base interest rate for the first time in three years, a reflection of growing concerns in the export-driven economy over deteriorating growth prospects... [ View ]

Central bank action fails to quell growth fears - Few hints of imminent plans for aggressive US economic stimulus leaves investors disappointed... [ View ]

STOCKS NEWS SINGAPORE-Shares down; NOL leads losses - ... [ View ]

STOCKS NEWS SINGAPORE-UOB ups ST Engineering target price - ... [ View ]

STOCKS NEWS SINGAPORE-Sakari falls to two-week low - ... [ View ]

STOCKS NEWS SINGAPORE-DBS downgrades CH Offshore to hold - ... [ View ]

UPDATE 2-Yitai Coal debuts lower after $900 mln HK share sale - ... [ View ]

Moelis names former UBS banker as India head - ... [ View ]

UPDATE 1-Ashmore assets hit by equity fund losses - ... [ View ]

GBP/AUD falls after breaking Triangle - ... [ View ]

FOMC minutes July 11-2012 - ... [ View ]

JPY Weaker Following BOJ Release - ... [ View ]

Nikkei falls through major support after BOJ damper - ... [ View ]

UPDATE 1-NORDIC STOCKS - Factors to watch on July 12 - ... [ View ]

TEXT-S&P publishes real GDP growth forecasts for Asia-Pacific - ... [ View ]

Pirelli to build $126 million factory in Indonesia -govt agency - ... [ View ]

US to lift more economic sanctions on Myanmar - WASHINGTON - The US is all set to take one its biggest steps so far in lifting sanctions against Myanmar by allowing its companies to invest in the state-run oil and gas firm of the Southeast Asian ...... [ View ]

Dip in oil import bill helps US narrow trade deficit - WASHINGTON - The US goods and services trade deficit fell 3.8 per cent in May to $48.7 billion as the softening crude oil prices reduced import bill and exports rose by 0.2 per cent, the government ...... [ View ]

UK households store over 30bn pounds worth unused clothes - LONDON - An estimated 30 billion pounds worth of unused clothes lie in cupboards of UK households for more than a year, most commonly as they no longer fit, according a new study by waste reduction ...... [ View ]

Spain unveils new austerity measures - MADRID Bowing to pressure from Euro partners, Spain Wednesday announced a new 65 billion euro ($80 billion) austerity package including cut in subsidies and unemployment benefits to increase in ...... [ View ]

ILO moots reforms in Eurozone or risk further job losses - GENEVA - Unemployment in the Eurozone could reach almost 22 million over the next four years, up from 17.4 million, unless concerted policy shift is undertaken by all countries in the region to ...... [ View ]

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