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South Korea is prepared to take “prompt” action to stabilize markets should it be needed as Europe’s sovereign debt crisis deepens, the country’s vice finance minister said. (the story here…)
Asian stocks dived Wednesday after a failure by Greece’s political leaders to form a coalition government set the stage for new elections next month, keeping Europe’s debt crisis center stage. (rwad on here …)
Oil prices hovered below $95 a barrel Tuesday, near a five-month low, as concerns about Europe’s debt crisis offset encouraging growth figures in Germany. (rwad on here …)
JAKARTA: Euro zone debt crisis is not significantly hindering Indonesia's economic growth, thanks to strong domestic demand and growing investment, said Bank Indonesia official on Saturday. (the story here…)
South Korea’s current-account surplus widened in March to a four-month high as overseas shipments of cars, electronics and oil products rose while the European debt crisis weighed on global demand. (read the story …)
Oil prices hovered above $103 a barrel Tuesday as financial markets stabilized after sharp losses the previous day, when investors worried Europe’s debt crisis will undermine economic growth and energy consumption. (rwad on here …)
TOKYO (Reuters) – Japan has agreed to forgive Myanmar's 303.5 billion yen ($3.72 billion) debt and resume development aid, the two sides said on Saturday, in a further move to end the Southeast Asian nation's isolation and strengthen its nascent democracy. The announcement was made jointly by Japanese Prime Minister Yoshihiko Noda and President...
Japan agrees to write off more than $3.7bn (£2.29bn) of debt to Burma as its president continues his first visit there. (read the story…)
Tokyo will waive Myanmar’s 300 billion yen ($3.7 billion) debt and resume suspended assistance to the country, the Japanese government said Saturday. (rwad on here …)
Burmese President Thein Sein is in Japan for a visit expected to focus on financial aid and debt relief, as the EU prepares to suspend sanctions. (read the story…)
