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Leika Kihara

Global economy ‘will start to recover in 2010’

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The battered global economy faces a difficult year but will begin a recovery in 2010, the European Central Bank president said on Friday.

Record tumble in Japan output signals dismal GDP

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Japanese industrial production fell 9,6% in December and core inflation almost evaporated, reinforcing expectations of a record economic contraction.

Japan to rescue troubled companies

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Japan plans to use public money to help the companies hardest hit by the global financial crisis.

Crisis gnaws at Japan sentiment, China output

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Japan reported its sharpest crash in business sentiment in three decades on Monday and industrial output in China grew at its slowest pace since 1999.

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