World Economy

New Zealand central bank warns against recession talk

Wellington - New Zealand CurrencyThe head of New Zealand's central bank warned financi

Bank of Japan keeps key interest rate unchanged at 0.5 per cent

Japanese CurrencyTokyo - The Bank of Japan decided Wednesday to maintain its bench

Japan upper house OKs new central bank head after 3-week vacancy

Japanese CurrencyTokyo - Japan's upper house on Wednesday approved the government'

IMF fears losses of 945 billion dollars in financial crisis

Internation Monentary FundWashington  - Financial institutions could suffer losses as hi

Baltic economies bracing for downturn

Riga - The economies of Estonia, Latvia, and Lithuania are preparing for an economic downturn after booming economic growth.

China frets over inflation, currency policy

Chinese Premier Wen JiabaoBeijing- Premier Wen Jiabao ended China's annual parliam

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