Could China Be the Next Japan?

It's a tale of two economies. On the same day that China surprised with better-than-expected GDP, Japan's central bank was forced to lower its growth outlook.

Bank of Japan expands monetary stimulus measure

Japan's central bank has surprised markets by announcing an expansion of its monetary stimulus policy.

IMF calls for Japan reforms, plan to clear debt

TOKYO (AP) — The International Monetary Fund said Japan's economy is recovering from years of stagnation, but that far-reaching reforms and a "credible plan" are needed to reduce its debt mountain and sustain growth in the long run.

Bank of Japan's Haruhiko Kuroda in aggressive growth move

Japan's central bank has surprised markets with the size of its latest stimulus package, as it tries to spur growth and end years of falling prices.

Japan car sales jump on subsidies for green vehicles

Japanese car sales, including those of 660cc mini vehicles, rose in February as government subsidies for energy-efficient vehicles lured buyers.

IMF Says Asia Has Room for Stimulus

SINGAPORE—Asia so far has proved resilient to the European debt crisis and slowing global growth, and countries in the region have room to take growth-boosting steps in case of a sharp downturn, the International Monetary Fund said.

Japan looks for market stability after quake

Japan's central bank will hold an emergency meeting tomorrow to discuss how to maintain financial stability in the markets following the devastating earthquake and the nuclear alert.

The authorities said yesterday they want to ensure there is enough liquidity in the financial system so that companies and investors can start rebuilding. They will also put emergency plans in place for the public to have access to cash as so many banks and cash machines have been wiped out by the quake.