By Hideyuki Sano
TOKYO, Oct 14 (Reuters) – The Bank of Japan deferred a decision on Wednesday on withdrawing support for corporate finance after the government pressed the central bank to consider the economic cost of its retreat from credit markets.
Japan central bank delays credit-market exit after government pressure
Russia has spent half of $480 billion crisis package
By Anastasia Onegina, Toni Vorobyova and Lidia Kelly
MOSCOW, Sept 16 (Reuters) – Russia has spent more than half of the 15 trillion roubles ($480 billion) it has allocated to fight the economic crisis that hit the country a year ago, according to Reuters calculations based on Kremlin documents.
Wall St bonuses spark outrage on Main Street USA
By Steve Eder and Ed Stoddard
NEW YORK/EULESS, Texas, Sept 8 (Reuters) – All you have to do to feel the outrage over the continuing flow of bonuses on Wall Street is to take a walk down Main Street.
Reuters reporters spoke to people in half a dozen towns and cities across the country at the end of last week — and while the survey was far from scientific, it left no doubt many people are upset bankers are still pulling in big bonuses while many people struggle to make ends meet.
Britain’s central bank surprises with expanded easing
By David Milliken and Matt Falloon
LONDON, Aug 6 (Reuters) – The Bank of England took a far
bigger step than expected to boost Britain’s recession-hit
economy on Thursday, stunning markets by expanding its
quantitative easing plan to 175 billion pounds from 125 billion.
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