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UPDATE 2-China pushes SDR as global super-currency
UPDATE 2-China pushes SDR as global super-currency By Reuters - Mar 23, 2009

* China proposes sweeping overhaul of world monetary system * IMF's special drawing right could replace dollar over time * Advantage would be greater stability, fewer crises ...

Spanish tourism slump worsens in Feb
Spanish tourism slump worsens in Feb By Reuters - Mar 23, 2009

MADRID, March 23 (Reuters) - The number of tourists visiting Spain fell by 15.9 percent in February compared to the same month a year earlier, the steepest fall since the...

Euro zone trade gap slightly wider than expected
Euro zone trade gap slightly wider than expected By Reuters - Mar 23, 2009

BRUSSELS, March 23 (Reuters) - The euro zone had a slightly wider than expected trade deficit in January as seasonally adjusted exports shrank faster than imports, data showed....

Crisis shows need for creative monetary reform-PBOC
Crisis shows need for creative monetary reform-PBOC By Reuters - Mar 23, 2009

BEIJING, March 23 (Reuters) - The economic crisis has exposed inherent weaknesses in the global monetary system and underlined the need for creative reform in the search for...

FOREX-Dlr falls as toxic asset plan boosts sentiment
FOREX-Dlr falls as toxic asset plan boosts sentiment By Reuters - Mar 23, 2009

* Dlr continues to sag as U.S. toxic asset plan eyed * Yen hits 5-mth low vs euro, 2-1/2 mth lows vs Aussie, kiwi * ECB's Trichet: cenbank reluctant for rates to fall to zero *...

Japan's land prices fall in 2008, first in 3 years
Japan's land prices fall in 2008, first in 3 years By Reuters - Mar 23, 2009

* Commercial property price fall sharper than residential * Severe economic conditions hurt housing demand * Land price fall highlights impact of global crisis * Crisis saps...

German economy to shrink 6-7% in 2009-Commerzbank
German economy to shrink 6-7% in 2009-Commerzbank By Reuters - Mar 23, 2009

BERLIN, March 23 (Reuters) - Commerzbank sharply cut its forecast for the Germany economy on Monday, saying it now expected a contraction of 6 to 7 percent in 2009, easily...

China, U.S. agree on form of new dialogue
China, U.S. agree on form of new dialogue By Reuters - Mar 23, 2009

BEIJING, March 23 (Reuters) - China and the United States have agreed in principle on the form of a new mechanism to replace the semi-annual, cabinet-level Strategic...

China still sees capital inflows, just slower -c.bank
China still sees capital inflows, just slower -c.bank By Reuters - Mar 23, 2009

BEIJING, March 23 (Reuters) - China is not seeing any big capital outflows but has seen its capital inflows slow, Hu Xiaolian, a vice governor of the People's Bank of China, said...

China looks to G20 for confidence, coordination
China looks to G20 for confidence, coordination By Reuters - Mar 23, 2009

BEIJING, March 23 (Reuters) - China hopes the upcoming summit of the G20 group of nations next month will help boost confidence and improve coordination on economic...

S.Korea, EU seek to strike trade deal this week
S.Korea, EU seek to strike trade deal this week By Reuters - Mar 23, 2009

SEOUL, March 23 (Reuters) - South Korea and the European Union began on Monday the final round of talks on a trade deal that they hope will send a strong message to their global...

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