Japan's economic growth is scared by Eurozone's debt crisis

Note: This section contains information in English only.
Source: BBC
© Scanpix/AFP

Bank of Japan feared that Japan's economic growth might be impacted by Eurozone economic difficulties and strong Yen.  Recent figures show Japan's economic growth is 1.5% in Q3. BOJ also announced no change in interest rates to stimulate growth. Current interest rate is between zero and 0.1%.

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Wed, 16 Nov 2011 14:47:36 GMT

China's banks aim to penetrate overseas markets

As China was ranked one of the world largest investors, China's banks also plan to expand overseas. Financial difficulties in developed economies increase potential for China's banks to be successful in overseas markets. The debt crisis in Europe made it difficult for businesses to raise finance and it seems promising option for strong China's banks to embrace this segment.

Wed, 16 Nov 2011 16:45:06 GMT

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