Asia-Pacific
  •  Japanese Prime Minister Shinzo Abe, second from right, arrives for Japan's business organizations' joint New Year's party.

    Japan's ruling Liberal Democratic Party is in the final stages of drafting fresh stimulus spending reportedly totaling more than 20 trillion yen ($227 billion).

    LAST UPDATE : Jan 10, 2013, 6:27 AM EST
    Story
  • Japan will buy bonds issued by the European Stability Mechanism, Europe's permanent bailout fund. Japan's new government said it would tap foreign exchange reserves to pay for the bonds, as they when they purchased billions of dollars worth of bonds issued by the European Financial Stability Facility, predecessor of the ESM. The measure comes a day after the country announced an extra budget worth about $150 billion to boost the economy. Meanwhile, the euro zone's long-term bailout fund took its first step into public debt markets and sold 1.927 billion ($2.517 billion) of treasury bills.

  • Japan will buy bonds issued by the European Stability Mechanism, Europe's permanent bailout fund. Japan's new government said it would tap foreign exchange reserves to pay for the bonds, as they when they purchased billions of dollars worth of bonds issued by the European Financial Stability Facility, predecessor of the ESM. The measure comes a day after the country announced an extra budget worth about $150 billion to boost the economy. Meanwhile, the euro zone's long-term bailout fund took its first step into public debt markets and sold 1.927 billion ($2.517 billion) of treasury bills.

  • Japan will buy bonds issued by the European Stability Mechanism, Europe's permanent bailout fund. Japan's new government said it would tap foreign exchange reserves to pay for the bonds, as they when they purchased billions of dollars worth of bonds issued by the European Financial Stability Facility, predecessor of the ESM. The measure comes a day after the country announced an extra budget worth about $150 billion to boost the economy. Meanwhile, the euro zone's long-term bailout fund took its first step into public debt markets and sold 1.927 billion ($2.517 billion) of treasury bills.

  • Japan will buy bonds issued by the European Stability Mechanism, Europe's permanent bailout fund. Japan's new government said it would tap foreign exchange reserves to pay for the bonds, as they when they purchased billions of dollars worth of bonds issued by the European Financial Stability Facility, predecessor of the ESM. The measure comes a day after the country announced an extra budget worth about $150 billion to boost the economy. Meanwhile, the euro zone's long-term bailout fund took its first step into public debt markets and sold 1.927 billion ($2.517 billion) of treasury bills.

  • Japan will buy bonds issued by the European Stability Mechanism, Europe's permanent bailout fund. Japan's new government said it would tap foreign exchange reserves to pay for the bonds, as they when they purchased billions of dollars worth of bonds issued by the European Financial Stability Facility, predecessor of the ESM. The measure comes a day after the country announced an extra budget worth about $150 billion to boost the economy. Meanwhile, the euro zone's long-term bailout fund took its first step into public debt markets and sold 1.927 billion ($2.517 billion) of treasury bills.

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