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/ 12 January 2009
Policymakers facing mounting job losses prepared new measures to ease the pain on Monday.
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/ 19 November 2008
Japan’s number three bank sought to beef up its capital on Wednesday, markets fretted over the stricken United States car industry.
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/ 11 November 2008
Evidence of a weakening Chinese economy and poor data from Japan and UK reinforced fears on Tuesday of a prolonged recession.
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/ 24 October 2008
China’s president said on Friday the economic outlook was grim and companies from Japan to France were punished.
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/ 30 January 2008
Fresh write-offs at big European and Japanese banks on Wednesday drove investors’ attention firmly back onto the credit crunch after days gazing at Société Générale’s stunning losses, which it blames on a junior trader. With the Federal Reserve expected to cut interest rates for the second week running, Swiss bank UBS illuminated the depth of the crisis.
United States President George Bush will outline reforms on Friday to help struggling subprime mortgage borrowers and his central bank chief will deliver a speech which will be pored over for hints of a looming rate cut. Federal Reserve chairperson Ben Bernanke speaks on ”Housing and Monetary Policy” at around 2pm GMT.