TOKYO, Jan. 12 (Xinhua) -- The overall level of bank lending(银行贷款) in Japan fell 2.1 percent from a year earlier in December, marking the 13th straight month of decline, the Bank of Japan (BOJ) said Wednesday. According to the central bank, t...
The head of the Federal Reserve,, Wednesday defended his actions over the past year that were aimed at restoring normal lending in the credit markets. Bernanke declined to make specific predictions, but was cautiously optimistic that an economic tur...
Britain's Treasury Secretary has ordered an independent review into the bonus structure of British banks that are being propped up by the British taxpayer. Media reports here indicate that The Royal Bank of Scotland may be considering bonus payments...
The U.S. central bank says the U.S. economy continues to deteriorate, and the outlook for the months ahead remains grim. Wednesday's Federal Reserve report followed another decline in U.S. retail sales that helped push financial markets lower. In it...
BBC Learning English London Life The South Bank Anna:Hello, I'm Anna Jones and this is London Life. And today were looking at the cultural side of London life and one area in particular which has many cultural events on offer. Our Learning English c...
Central bank chairman Ben Bernanke said Thursday that the U.S. home mortgage market is still not functioning properly and more needs to be done to promote a recovery. Ben Bernanke (file photo) Bernanke spoke at housing conference held at the Federal...
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World markets are rallying sharply for a second consecutive day as governments continue coordinated efforts to prop up financial institutions and unfreeze tight credit. Government is buying up to $250 billion in stock of private banks and increasing...
The head of the U.S. central bank says the outlook for America's economic performance has worsened, and that the Federal Reserve may have to reevaluate current interest rates. VOA's Michael Bowman reports from Washington, Fed Chairman Ben Bernanke s...
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