22 May, 2012 AsiaNews.it Twitter AsiaNews.it Facebook         

Help AsiaNews | About us | P.I.M.E. | | Newsletter

Home | China | Islam | India | Economy | Freedom of religion | Vatican



Voli Low Cost Roma
Voli Milano




mediazioni e arbitrati, risoluzione alternativa delle controversie e servizi di mediazione e arbitrato

e-mail this to a friend printable version


» 10/30/2008 12:05
ASIA
Asian markets up but recession fears remain
All stock exchanges gain ground thanks to lower interest rates. Even Tokyo is considering cutting its interest rate.

Hong Kong (AsiaNews/Agencies) – Asian stock markets extended their recovery for a third day following heavy losses in the past few weeks after central banks reduced the cost of borrowing by slashing interest rates

By midday Tokyo’s Nikkei index rose 3.88 per cent. The Kospi Index jumped 11 per cent in Seoul. Hong Kong surged by 10.1 per cent. Other exchanges did well too: Taipei was up by 5.49 per cent; Singapore, by 2.5; and Shanghai, by 1.16.

In Europe and the United States interest rates were cut. Mainland China and Taiwan did the same. Japan's central bank is reportedly considering reducing its rate to just 0.25 per cent.

Analysts fear though that all these measures may not be sufficient to breathe new life into an economy already sliding into recession.


e-mail this to a friend printable version

See also
10/01/2008 ASIA – UNITED STATES
Small rise but lots of gloom on Asian markets
09/08/2008 ASIA
Asian stock exchanges take off, all except Shanghai
11/11/2008 ASIA
Asian markets slide: recession stronger than stimulus plan
09/30/2008 ASIA
Asian markets plunge further after US rescue plan fails
10/01/2008 CHINA
Thousands of factories closing in the Pearl River delta
Editor's choices
VATICAN - CHINA
"Porta Fidei": the Pope's Apostolic Letter for the Year of Faith now in ChineseA tool to renew the "joy" and " enthusiasm of our encounter with Christ", written shortly before the World Day of Prayer for the Church in China (May 24). The Day and "Porta Fidei" emphasize the importance of understanding the faith and to witness it in public, in unity with the pope.
VATICAN
Pope calls on Chinese Catholics to be faithful to Church and consistent in their faithAt the Regina Caeli, Benedict XVI says that with the ascension, Jesus "has separated from us." A remembrance for victims of attack on Brindisi school and the earthquake in Emilia. An encouragement for the pro-life movement.
CHINA
Chen Guangcheng and Beijing's failure to reform
by Willy Wo-Lap LamIndividuals activists are not China's real challenge, social stability and keeping the Communist Party in power are. Chinese leaders run the risk however of losing control of the huge, expensive and ever-expanding security apparatus they are building. As illustrated by the Bo Xilai case, this could lead to unexpected and disastrous consequences. Here is the analysis of one of the foremost experts of modern China.

Dossier
Meno male che Cristo c'è
by Gheddo P. Fazzini G.
pp. 336
Augusto Colombo. Apostolo dei paria
by Piero Gheddo
pp. 320
Matteo Ricci: missione e ragione. Una biografia intellettuale
by Gianni Criveller
pp. 132
Bioetica religioni missioni
by Buono Giuseppe, Pelosi Patrizia
pp. 432
Matteo Ricci e Giulio Aleni, due vite incrociate
by Giulio Aleni / (a cura di) Gianni Criveller
pp. 176
Piero Gheddo: Missione Bengala
by Piero Gheddo
La Cina di Mao processa la Chiesa
by Lazzarotto Angelo S.
pp. 528
Il Rovescio delle medaglie
by Bernardo Cervellera
pp. 240
Piero Gheddo: Il vescovo partigiano – Mons. Aristide Pirovano
by Piero Gheddo
pp. 454
2003 © All rights reserved - Autogestione contenuti di AsiaNews C.F. e P.Iva: 00889190153 - GLACOM®
Copyright © 2003 AsiaNews C.F. 00889190153 All rights reserved. Content on this site is made available for personal, non-commercial use only. You may not reproduce, republish, sell or otherwise distribute the content or any modified or altered versions of it without the express written permission of the editor. Photos on AsiaNews.it are largely taken from the internet and thus considered to be in the public domain. Anyone contrary to their publication need only contact the editorial office which will immediately proceed to remove the photos.