Nishimura: Japan needs a growth strategy

Senior vice minister Nishimura said that Japan needs a plan to boost growth. (Photo : Reuters)The image is a stack of Japanese yen. Yasutoshi Nishimura, senior vice minister for fiscal policy and economics, said that Japan must embrace new and solid growth measures to help the economy endure an upcoming consumption tax increase and other red ink reduction efforts.


Eurobank names new CEO

Eurobank names Megalou as its new chief executive officer. (Photo : Reuters)The image shows a person coming out from a Eurobank branch. Eurobank, among the largest lenders to Greece, should follow an autonomous and more independent course, said its new chief executive officer on Friday.

Euro loans to private sector shrinks

Loans to the euro zone private sector declined further. (Photo : REUTERS)Structure showing the Euro currency sign is seen in front of the ECB headquarters in Frankfurt European region's private sector loans declined further last month as investors gain less interest for spending.

Ireland's recovery slower that expected

Ireland's economy is still in recession as the end of bailout approaches. (Photo : Reuters)Ths is the flag of Ireland. The Irish economy dipped into a state of recession during the last quarter of 2012 and proceeded to contract until early this year, according to the new and revised figures posted on Thursday.


Latest News

Fraser & Neave Ltd considers the separation of its property business from its other businesses. (Photo : Reuters)The image is the corporate logo of Fraser and Neave Ltd.
Today, the National Stock Exchange's Wholesale Debt Market sector saw turnovers of Rs 3,202.15 crore in exactly 118 trades.
SAC Capital’s Steven A. Cohen invoked his right to the Fifth Amendment after being summoned to testify before a grand jury about insider trading in his company.
Shang Fulin, China bank system's chief regulator assured everyone they have ample money and debt risks were controlled.
Barrick Gold Corp may take a writedown of about US$5.5 billion for its Pascua-Lama venture after gold's value shrunk.
Great Pacific Industries Inc. announced a proposed takeover bid for privatization valued at C$37 billion for Sun-Rype Products Ltd.
Bank of America Corp, the second biggest bank in the US by asset announced its new investment banking vice chairman, John Binnie from Moelis & Co.
Today, Blue Wolf Capital Partners LLC announced acquisition of Suwannee Lumber Co through its affiliate Blue Wolf Capital Fund III LP.
Amgen announced an offered acquisition for biotech Onyx Pharmaceuticals at US$120 per share piece.
Many private equity firms were vying for MoneyGram which has a market value of US$1.3 billion. (Photo : )The official logo of MoneyGram, the second-largest money transfer services.