December 8th, 2008 at 5:48 pm » Comments (0)

The Australian government delivered more than A$8 billion (US$5.3 billion) in cash payments to families and pensioners to stop the nation from sliding into recession. Prime Minister Kevin Rudd has ...more »

November 18th, 2008 at 4:19 pm » Comments (0)

Business Times - Asia will take a substantial hit from slowing demand for its exports as the global downturn unfolds but will remain the world's most economically-dynamic region, an Asian ...more »

November 17th, 2008 at 3:18 am » Comments (0)

ChannelNews Asia - Japan's economy, the second largest in the world, has entered its first recession in seven years as the global financial crisis batters exports and business investment, official ...more »

November 14th, 2008 at 10:51 am » Comments (0)

Hong Kong slipped into recession in the third quarter as the global economic slowdown took its toll on the financial hub, government figures showed Friday.Hong Kong's gross domestic product fell ...more »

October 27th, 2008 at 4:45 am » Comments (0)

South Korea's central bank today slashed key interest rate by 75 basis points, its largest cut ever, in a bid to rejuvenate the ailing economy and stabilize its stock market. ...more »

October 20th, 2008 at 5:25 am » Comments (0)

The South Korean government has announced a package of measures to stabilise financial markets, including a guarantee of local banks' external debt up to US$100 billion for three years.The finance ...more »