Network News

X My Profile
View More Activity





Morning briefing: China and Russia sign energy pacts

1. China and Russia signed agreements to boost energy cooperation on Monday. Russian President Dmitry Medvedev said the country is ready to supply all of China's natural gas needs. No dollar value was given.

2. Japan is reportedly considering a stimulus package of as much as $54.6 billion that would be funded by existing revenue. Bank of Japan Gov. Masaaki Shirakawa said that the central bank will look into the impact of the yen's rise at a policy board meeting next week. Meanwhile, Japan's export growth slowed for the sixth consecutive month in August.

3. The euro slipped against the U.S. dollar after Moody's Investors Service downgraded troubled Irish lender Anglo.

4. Hungary left its key interest rate on hold for a fifth month at a record low 5.25 percent.

By Ariana Eunjung Cha  | September 27, 2010; 9:43 AM ET
Categories:  *Morning briefing  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz   Previous: Week ahead: Two Fed bank presidents and Bernanke to speak
Next: Ally's 'bankers as cheaters' commercials pulled as document investigations continue

No comments have been posted to this entry.

Post a Comment

We encourage users to analyze, comment on and even challenge washingtonpost.com's articles, blogs, reviews and multimedia features.

User reviews and comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions.




characters remaining

 
 
RSS Feed
Subscribe to The Post

© 2010 The Washington Post Company