• China confident of weathering financial crisis
Chinese Premier Wen Jiabao said that based on a scientific attitude and pragmatic view he is confident China will weather the global economic crisis.
Obama pushes stimulus plan forth
U.S. President Barack Obama worked hard to push his massive stimulus plan forward on Tuesday as the Senate continued the debate on the over 800 billion U.S. dollar spending bill.
Wall Street Retreats on Economic Uncertainty
Wall Street fell for a second session on Friday as U.S. gross domestic product shrank most in 27 years and disappointing earnings added to the uncertainty of the market.
Timeline of Global Financial Crisis
Major financial crisis in history
China's central bank has decided to slash the lending and deposit rates by a bigger-than-expected 1.08 percentage points as of Thursday in the latest strong effort to stimulate the economy.
Rescue Efforts
19 U.S. governors back economic recovery act
California Governor Arnold Schwarzenegger joined 18 other governors on Tuesday in voicing support for the American Recovery and Reinvestment Act.
Highlights
- Big Chinese firms squeeze payroll of top executives
- Paulson corrects FT report
- China cashes in another US$19b for stimulus plan
- Obama warns of catastrophe if Congress not to act
- News Corp. loses $6.4 bln
- China to See Early Recovery ahead of Global Economy
- IMF: China 8% growth 'challenging but possible'
- China to discuss rescue plans for machinery, textile
- Big Chinese firms squeeze payroll of top executives
- Intel Moves 2000 Jobs out of Shanghai
Hot Issues
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