Leika Kihara

Global economy ‘will start to recover in 2010’

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

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

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

Crisis gnaws at Japan sentiment, China output

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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