Economy News Headlines - Yahoo! Newshttp://news.yahoo.com/economy/ Get the latest economy news headlines from Yahoo! News. Find breaking economy news, including analysis and opinion on top economy stories, photos and more.en-USCopyright (c) 2013 Yahoo! Inc. All rights reservedMon, 22 Jul 2013 04:28:42 -04005Economy News Headlines - Yahoo! Newshttp://news.yahoo.com/economy/ http://l.yimg.com/a/i/us/nws/th/main_142c.gifAsian stocks mostly gain after Japan election<p><a href="http://news.yahoo.com/asian-stocks-mostly-gain-japan-election-053157800.html"><img src="http://l1.yimg.com/bt/api/res/1.2/ltfZty6TbmGvPfxdQP4ERQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/4dce2df964c03618380f6a706700501a.jpg" width="130" height="86" alt="Japanese Prime Minister Shinzo Abe listens to a reporter's question in front of red rosettes on the names of his Liberal Democratic Party's winning candidates during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Abe's ruling coalition won a majority in the upper house of Parliament in elections, media projected, giving it control of both chambers and a mandate to press ahead with difficult economic reforms. A sign at left reads: "Liberal Democratic Party." (AP Photo/Shizuo Kambayashi)" align="left" title="Japanese Prime Minister Shinzo Abe listens to a reporter's question in front of red rosettes on the names of his Liberal Democratic Party's winning candidates during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Abe's ruling coalition won a majority in the upper house of Parliament in elections, media projected, giving it control of both chambers and a mandate to press ahead with difficult economic reforms. A sign at left reads: "Liberal Democratic Party." (AP Photo/Shizuo Kambayashi)" border="0" /></a>BEIJING (AP) ? Asian stocks mostly gained Monday after Japan's ruling party won a majority in parliament's upper house and a mandate to push ahead economic reforms. European markets fell.</p><br clear="all"/>http://news.yahoo.com/asian-stocks-mostly-gain-japan-election-053157800.htmlMon, 22 Jul 2013 04:28:42 -0400Associated Pressasian-stocks-mostly-gain-japan-election-053157800<p><a href="http://news.yahoo.com/asian-stocks-mostly-gain-japan-election-053157800.html"><img src="http://l1.yimg.com/bt/api/res/1.2/ltfZty6TbmGvPfxdQP4ERQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/4dce2df964c03618380f6a706700501a.jpg" width="130" height="86" alt="Japanese Prime Minister Shinzo Abe listens to a reporter's question in front of red rosettes on the names of his Liberal Democratic Party's winning candidates during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Abe's ruling coalition won a majority in the upper house of Parliament in elections, media projected, giving it control of both chambers and a mandate to press ahead with difficult economic reforms. A sign at left reads: "Liberal Democratic Party." (AP Photo/Shizuo Kambayashi)" align="left" title="Japanese Prime Minister Shinzo Abe listens to a reporter's question in front of red rosettes on the names of his Liberal Democratic Party's winning candidates during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Abe's ruling coalition won a majority in the upper house of Parliament in elections, media projected, giving it control of both chambers and a mandate to press ahead with difficult economic reforms. A sign at left reads: "Liberal Democratic Party." (AP Photo/Shizuo Kambayashi)" border="0" /></a>BEIJING (AP) ? Asian stocks mostly gained Monday after Japan's ruling party won a majority in parliament's upper house and a mandate to push ahead economic reforms. European markets fell.</p><br clear="all"/>Japan's Abe vows to keep focus on economy after big election win<p><a href="http://news.yahoo.com/japans-abe-chance-show-true-colors-big-election-003547056.html"><img src="http://l2.yimg.com/bt/api/res/1.2/PzeHsPxowKESycu.3XT2Xg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-22T075754Z_2_CBRE96K184A00_RTROPTP_2_JAPAN-ELECTION.JPG" width="130" height="86" alt="Japan's PMAbe, and the leader of the ruling LDP, smiles as he puts a rosette on a name of a candidate, who is expected to win, at the party headquarters in Tokyo" align="left" title="Japan's PMAbe, and the leader of the ruling LDP, smiles as he puts a rosette on a name of a candidate, who is expected to win, at the party headquarters in Tokyo" border="0" /></a>By Linda Sieg TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe, fresh from a strong election victory, vowed on Monday to stay focused on reviving the stagnant economy and sought to counter suspicions he might instead shift emphasis to his nationalist agenda. The victory in parliament's upper house election on Sunday cemented Abe's hold on power and gave him a stronger mandate for his prescription for reviving the world's third-biggest economy. ...</p><br clear="all"/>http://news.yahoo.com/japans-abe-chance-show-true-colors-big-election-003547056.htmlMon, 22 Jul 2013 03:57:54 -0400Reutersjapans-abe-chance-show-true-colors-big-election-003547056<p><a href="http://news.yahoo.com/japans-abe-chance-show-true-colors-big-election-003547056.html"><img src="http://l2.yimg.com/bt/api/res/1.2/PzeHsPxowKESycu.3XT2Xg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-22T075754Z_2_CBRE96K184A00_RTROPTP_2_JAPAN-ELECTION.JPG" width="130" height="86" alt="Japan's PMAbe, and the leader of the ruling LDP, smiles as he puts a rosette on a name of a candidate, who is expected to win, at the party headquarters in Tokyo" align="left" title="Japan's PMAbe, and the leader of the ruling LDP, smiles as he puts a rosette on a name of a candidate, who is expected to win, at the party headquarters in Tokyo" border="0" /></a>By Linda Sieg TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe, fresh from a strong election victory, vowed on Monday to stay focused on reviving the stagnant economy and sought to counter suspicions he might instead shift emphasis to his nationalist agenda. The victory in parliament's upper house election on Sunday cemented Abe's hold on power and gave him a stronger mandate for his prescription for reviving the world's third-biggest economy. ...</p><br clear="all"/>BOJ Sato: government needs to deliver on fiscal reform<p><a href="http://news.yahoo.com/sato-says-boj-act-needed-wary-china-slowdown-034955040.html"><img src="http://l.yimg.com/bt/api/res/1.2/ff5_nXiBSnl77FXAbZmJRQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-22T073041Z_3_CBRE96L07NY00_RTROPTP_2_US-JAPAN-ECONOMY-BOJ.JPG" width="130" height="86" alt="Bank of Japan board member Takehiro Sato speaks during an interview with Reuters at the central bank in Tokyo September 26, 2012." align="left" title="Bank of Japan board member Takehiro Sato speaks during an interview with Reuters at the central bank in Tokyo September 26, 2012." border="0" /></a>By Leika Kihara FUKUSHIMA, Japan (Reuters) - Japan's government must push through reforms to restore the country's tattered finances to help ensure a sustained economic recovery, a central bank board member said on Monday, adding a planned sales tax hike was needed to control huge public debt. Takehiro Sato also said the central bank would inject more stimulus if Japan's recovery was threatened, pointing to risks such as slowing growth in China and other emerging nations. ...</p><br clear="all"/>http://news.yahoo.com/sato-says-boj-act-needed-wary-china-slowdown-034955040.htmlMon, 22 Jul 2013 03:30:41 -0400Reuterssato-says-boj-act-needed-wary-china-slowdown-034955040<p><a href="http://news.yahoo.com/sato-says-boj-act-needed-wary-china-slowdown-034955040.html"><img src="http://l.yimg.com/bt/api/res/1.2/ff5_nXiBSnl77FXAbZmJRQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-22T073041Z_3_CBRE96L07NY00_RTROPTP_2_US-JAPAN-ECONOMY-BOJ.JPG" width="130" height="86" alt="Bank of Japan board member Takehiro Sato speaks during an interview with Reuters at the central bank in Tokyo September 26, 2012." align="left" title="Bank of Japan board member Takehiro Sato speaks during an interview with Reuters at the central bank in Tokyo September 26, 2012." border="0" /></a>By Leika Kihara FUKUSHIMA, Japan (Reuters) - Japan's government must push through reforms to restore the country's tattered finances to help ensure a sustained economic recovery, a central bank board member said on Monday, adding a planned sales tax hike was needed to control huge public debt. Takehiro Sato also said the central bank would inject more stimulus if Japan's recovery was threatened, pointing to risks such as slowing growth in China and other emerging nations. ...</p><br clear="all"/>Obama to begin new series of economic addresses<p><a href="http://news.yahoo.com/obama-begin-series-economic-addresses-000143541.html"><img src="http://l3.yimg.com/bt/api/res/1.2/Jw0K07uUK4Z_G6fquesA1A--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/a9bca46880a64018380f6a706700a3ce.jpg" width="130" height="86" alt="FILE - This July 19, 2013 file photo shows President Barack Obama speaking to reporters in the Brady Press Briefing room of the White House in Washington. Drawing renewed attention to the economy, Obama will return this week to an Illinois college where he once spelled out a vision for an expanded and strengthened middle class as a freshman U.S. senator, long before the Great Recession would test his presidency. (AP Photo/Manuel Balce Ceneta, file)" align="left" title="FILE - This July 19, 2013 file photo shows President Barack Obama speaking to reporters in the Brady Press Briefing room of the White House in Washington. Drawing renewed attention to the economy, Obama will return this week to an Illinois college where he once spelled out a vision for an expanded and strengthened middle class as a freshman U.S. senator, long before the Great Recession would test his presidency. (AP Photo/Manuel Balce Ceneta, file)" border="0" /></a>WASHINGTON (AP) ? Drawing renewed attention to the economy, President Barack Obama will return this week to an Illinois college where he once spelled out a vision for an expanded and strengthened middle class as a freshman U.S. senator, long before the Great Recession would test his presidency.</p><br clear="all"/>http://news.yahoo.com/obama-begin-series-economic-addresses-000143541.htmlMon, 22 Jul 2013 03:18:32 -0400Associated Pressobama-begin-series-economic-addresses-000143541<p><a href="http://news.yahoo.com/obama-begin-series-economic-addresses-000143541.html"><img src="http://l3.yimg.com/bt/api/res/1.2/Jw0K07uUK4Z_G6fquesA1A--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/a9bca46880a64018380f6a706700a3ce.jpg" width="130" height="86" alt="FILE - This July 19, 2013 file photo shows President Barack Obama speaking to reporters in the Brady Press Briefing room of the White House in Washington. Drawing renewed attention to the economy, Obama will return this week to an Illinois college where he once spelled out a vision for an expanded and strengthened middle class as a freshman U.S. senator, long before the Great Recession would test his presidency. (AP Photo/Manuel Balce Ceneta, file)" align="left" title="FILE - This July 19, 2013 file photo shows President Barack Obama speaking to reporters in the Brady Press Briefing room of the White House in Washington. Drawing renewed attention to the economy, Obama will return this week to an Illinois college where he once spelled out a vision for an expanded and strengthened middle class as a freshman U.S. senator, long before the Great Recession would test his presidency. (AP Photo/Manuel Balce Ceneta, file)" border="0" /></a>WASHINGTON (AP) ? Drawing renewed attention to the economy, President Barack Obama will return this week to an Illinois college where he once spelled out a vision for an expanded and strengthened middle class as a freshman U.S. senator, long before the Great Recession would test his presidency.</p><br clear="all"/>South Africa's rand edges firmer, tracks commodity rally<p><a href="http://news.yahoo.com/south-africas-rand-edges-firmer-tracks-commodity-rally-071649816.html"><img src="http://l1.yimg.com/bt/api/res/1.2/aToi8D05rNzKeVGHPNev.g--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_ZA/News/Reuters/2013-07-22T071649Z_1_AJOE96L0K8400_RTROPTP_2_OZABS-MARKETS-SAFRICA-RAND-20130722.JPG" width="130" height="86" alt="South African Reserve Bank Governor Gill Marcus shows off a new South African banknote before conducting the first transaction in Pretoria" align="left" title="South African Reserve Bank Governor Gill Marcus shows off a new South African banknote before conducting the first transaction in Pretoria" border="0" /></a>JOHANNESBURG (Reuters) - South Africa's rand climbed nearly 1 percent against the dollar on Monday, taking its cue from the firming of commodity-linked currencies although the potential for weakness remains due to the threat of mining strikes hanging over the economy. The rand traded 0.76 percent firmer at 9.810 by 0702 GMT after ending Friday's session in New York at 9.885. "The rand continues to trade around 9.75-10.00 so at least the range seems to be contracting slightly," Standard Bank trader Warrick Butler said in a client note. ...</p><br clear="all"/>http://news.yahoo.com/south-africas-rand-edges-firmer-tracks-commodity-rally-071649816.htmlMon, 22 Jul 2013 03:16:49 -0400Reuterssouth-africas-rand-edges-firmer-tracks-commodity-rally-071649816<p><a href="http://news.yahoo.com/south-africas-rand-edges-firmer-tracks-commodity-rally-071649816.html"><img src="http://l1.yimg.com/bt/api/res/1.2/aToi8D05rNzKeVGHPNev.g--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_ZA/News/Reuters/2013-07-22T071649Z_1_AJOE96L0K8400_RTROPTP_2_OZABS-MARKETS-SAFRICA-RAND-20130722.JPG" width="130" height="86" alt="South African Reserve Bank Governor Gill Marcus shows off a new South African banknote before conducting the first transaction in Pretoria" align="left" title="South African Reserve Bank Governor Gill Marcus shows off a new South African banknote before conducting the first transaction in Pretoria" border="0" /></a>JOHANNESBURG (Reuters) - South Africa's rand climbed nearly 1 percent against the dollar on Monday, taking its cue from the firming of commodity-linked currencies although the potential for weakness remains due to the threat of mining strikes hanging over the economy. The rand traded 0.76 percent firmer at 9.810 by 0702 GMT after ending Friday's session in New York at 9.885. "The rand continues to trade around 9.75-10.00 so at least the range seems to be contracting slightly," Standard Bank trader Warrick Butler said in a client note. ...</p><br clear="all"/>Nikkei up on election win, yen tempers rally<p><a href="http://news.yahoo.com/nikkei-election-win-yen-tempers-rally-070211513.html"><img src="http://l.yimg.com/bt/api/res/1.2/3YmbnMT5tWBgiWku5IURXg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_ZA/News/Reuters/2013-07-22T070211Z_1_AJOE96L0JJQ00_RTROPTP_2_OZABS-MARKETS-GLOBAL-20130722.JPG" width="130" height="86" alt="(Blank Headline Received)" align="left" title="(Blank Headline Received)" border="0" /></a>By Ian Chua SYDNEY (Reuters) - Japanese stocks led Asian markets higher on Monday after Prime Minister Shinzo Abe's big election win over the weekend, but a rebound in the yen prompted some profit taking that knocked the Nikkei off highs. Most other Asian share markets were modestly higher, although Hong Kong's Hang Seng and mainland Chinese stocks lost a bit of ground. European shares were seen opening higher. "This week's economic data and earnings results could set a bullish tone in the markets," Jonathan Sudaria, a dealer at Capital Spreads in London, wrote in a note. ...</p><br clear="all"/>http://news.yahoo.com/nikkei-election-win-yen-tempers-rally-070211513.htmlMon, 22 Jul 2013 03:02:11 -0400Reutersnikkei-election-win-yen-tempers-rally-070211513<p><a href="http://news.yahoo.com/nikkei-election-win-yen-tempers-rally-070211513.html"><img src="http://l.yimg.com/bt/api/res/1.2/3YmbnMT5tWBgiWku5IURXg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_ZA/News/Reuters/2013-07-22T070211Z_1_AJOE96L0JJQ00_RTROPTP_2_OZABS-MARKETS-GLOBAL-20130722.JPG" width="130" height="86" alt="(Blank Headline Received)" align="left" title="(Blank Headline Received)" border="0" /></a>By Ian Chua SYDNEY (Reuters) - Japanese stocks led Asian markets higher on Monday after Prime Minister Shinzo Abe's big election win over the weekend, but a rebound in the yen prompted some profit taking that knocked the Nikkei off highs. Most other Asian share markets were modestly higher, although Hong Kong's Hang Seng and mainland Chinese stocks lost a bit of ground. European shares were seen opening higher. "This week's economic data and earnings results could set a bullish tone in the markets," Jonathan Sudaria, a dealer at Capital Spreads in London, wrote in a note. ...</p><br clear="all"/>Japan PM Abe: Will lose public confidence if retreat from reform<p><a href="http://news.yahoo.com/japan-pm-abe-lose-public-confidence-retreat-reform-051707664.html"><img src="http://l1.yimg.com/bt/api/res/1.2/4Wn2SnleUrUHQDeHS6w82Q--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-22T051707Z_1_CBRE96L0EP000_RTROPTP_2_US-JAPAN-ELECTION-ABE.JPG" width="130" height="86" alt="REUTERS/Toru Hanai" align="left" title="REUTERS/Toru Hanai" border="0" /></a>TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe said on Monday that his government would lose public confidence if it retreated from reform. Abe's comment comes after his ruling Liberal Democratic Party and its junior coalition partner won a decisive election victory on Sunday, cementing his grip on power but raising the possibility that he could lose interest in difficult economic reforms and shift focus to his nationalist agenda instead. (Reporting by Antoni Slodkowski; Editing by Edmund Klamann)</p><br clear="all"/>http://news.yahoo.com/japan-pm-abe-lose-public-confidence-retreat-reform-051707664.htmlMon, 22 Jul 2013 01:17:07 -0400Reutersjapan-pm-abe-lose-public-confidence-retreat-reform-051707664<p><a href="http://news.yahoo.com/japan-pm-abe-lose-public-confidence-retreat-reform-051707664.html"><img src="http://l1.yimg.com/bt/api/res/1.2/4Wn2SnleUrUHQDeHS6w82Q--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-22T051707Z_1_CBRE96L0EP000_RTROPTP_2_US-JAPAN-ELECTION-ABE.JPG" width="130" height="86" alt="REUTERS/Toru Hanai" align="left" title="REUTERS/Toru Hanai" border="0" /></a>TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe said on Monday that his government would lose public confidence if it retreated from reform. Abe's comment comes after his ruling Liberal Democratic Party and its junior coalition partner won a decisive election victory on Sunday, cementing his grip on power but raising the possibility that he could lose interest in difficult economic reforms and shift focus to his nationalist agenda instead. (Reporting by Antoni Slodkowski; Editing by Edmund Klamann)</p><br clear="all"/>Survey: Brighter US economic outlook boosts hiring<p><a href="http://news.yahoo.com/survey-brighter-us-economic-outlook-boosts-hiring-045041796.html"><img src="http://l3.yimg.com/bt/api/res/1.2/rLkSQnN.oCg_DtDBfw6GaQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/dc1a202c81924418380f6a706700f477.jpg" width="130" height="86" alt="FILE - In this May 30, 2013, file photo, job seekers line up to register to attend a job fair in Atlanta. Companies are increasingly confident the economy will grow at a modest pace over the next year and are hiring more, according to a survey of business economists. Nearly one-third of the economists surveyed by the National Association for Business Economics said their companies added jobs in the April-June quarter, according to a report released Monday, Juiy 22, 2013. That's the highest percentage in nearly two years. (AP Photo/John Amis, File)" align="left" title="FILE - In this May 30, 2013, file photo, job seekers line up to register to attend a job fair in Atlanta. Companies are increasingly confident the economy will grow at a modest pace over the next year and are hiring more, according to a survey of business economists. Nearly one-third of the economists surveyed by the National Association for Business Economics said their companies added jobs in the April-June quarter, according to a report released Monday, Juiy 22, 2013. That's the highest percentage in nearly two years. (AP Photo/John Amis, File)" border="0" /></a>WASHINGTON (AP) ? Companies are increasingly confident the economy will grow at a modest pace over the next year and are hiring more, according to a survey of business economists.</p><br clear="all"/>http://news.yahoo.com/survey-brighter-us-economic-outlook-boosts-hiring-045041796.htmlMon, 22 Jul 2013 01:06:23 -0400Associated Presssurvey-brighter-us-economic-outlook-boosts-hiring-045041796<p><a href="http://news.yahoo.com/survey-brighter-us-economic-outlook-boosts-hiring-045041796.html"><img src="http://l3.yimg.com/bt/api/res/1.2/rLkSQnN.oCg_DtDBfw6GaQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/dc1a202c81924418380f6a706700f477.jpg" width="130" height="86" alt="FILE - In this May 30, 2013, file photo, job seekers line up to register to attend a job fair in Atlanta. Companies are increasingly confident the economy will grow at a modest pace over the next year and are hiring more, according to a survey of business economists. Nearly one-third of the economists surveyed by the National Association for Business Economics said their companies added jobs in the April-June quarter, according to a report released Monday, Juiy 22, 2013. That's the highest percentage in nearly two years. (AP Photo/John Amis, File)" align="left" title="FILE - In this May 30, 2013, file photo, job seekers line up to register to attend a job fair in Atlanta. Companies are increasingly confident the economy will grow at a modest pace over the next year and are hiring more, according to a survey of business economists. Nearly one-third of the economists surveyed by the National Association for Business Economics said their companies added jobs in the April-June quarter, according to a report released Monday, Juiy 22, 2013. That's the highest percentage in nearly two years. (AP Photo/John Amis, File)" border="0" /></a>WASHINGTON (AP) ? Companies are increasingly confident the economy will grow at a modest pace over the next year and are hiring more, according to a survey of business economists.</p><br clear="all"/>Japan's ruling bloc wins upper house elections<p><a href="http://news.yahoo.com/japans-ruling-bloc-wins-upper-house-elections-153140123.html"><img src="http://l3.yimg.com/bt/api/res/1.2/lzTAn.lJiu8fGR30vaSEpQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/f0a0fe6564be3618380f6a7067006b3b.jpg" width="130" height="86" alt="Japanese Prime Minister Shinzo Abe, right, exchanges smiles with Secretary General Shigeru Ishiba of the ruling Liberal Democratic Party during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Japanese broadcasters projected that Abe's ruling coalition won a majority of seats in the upper house of parliament in elections, giving it control of both chambers for the first time in six years. (AP Photo/Shizuo Kambayashi)" align="left" title="Japanese Prime Minister Shinzo Abe, right, exchanges smiles with Secretary General Shigeru Ishiba of the ruling Liberal Democratic Party during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Japanese broadcasters projected that Abe's ruling coalition won a majority of seats in the upper house of parliament in elections, giving it control of both chambers for the first time in six years. (AP Photo/Shizuo Kambayashi)" border="0" /></a>TOKYO (AP) ? Japanese Prime Minister Shinzo Abe's ruling coalition won a solid majority in the upper house of parliament in elections, gaining control of both chambers and a mandate to press ahead with difficult economic reforms.</p><br clear="all"/>http://news.yahoo.com/japans-ruling-bloc-wins-upper-house-elections-153140123.htmlSun, 21 Jul 2013 23:35:09 -0400Associated Pressjapans-ruling-bloc-wins-upper-house-elections-153140123<p><a href="http://news.yahoo.com/japans-ruling-bloc-wins-upper-house-elections-153140123.html"><img src="http://l3.yimg.com/bt/api/res/1.2/lzTAn.lJiu8fGR30vaSEpQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/f0a0fe6564be3618380f6a7067006b3b.jpg" width="130" height="86" alt="Japanese Prime Minister Shinzo Abe, right, exchanges smiles with Secretary General Shigeru Ishiba of the ruling Liberal Democratic Party during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Japanese broadcasters projected that Abe's ruling coalition won a majority of seats in the upper house of parliament in elections, giving it control of both chambers for the first time in six years. (AP Photo/Shizuo Kambayashi)" align="left" title="Japanese Prime Minister Shinzo Abe, right, exchanges smiles with Secretary General Shigeru Ishiba of the ruling Liberal Democratic Party during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Japanese broadcasters projected that Abe's ruling coalition won a majority of seats in the upper house of parliament in elections, giving it control of both chambers for the first time in six years. (AP Photo/Shizuo Kambayashi)" border="0" /></a>TOKYO (AP) ? Japanese Prime Minister Shinzo Abe's ruling coalition won a solid majority in the upper house of parliament in elections, gaining control of both chambers and a mandate to press ahead with difficult economic reforms.</p><br clear="all"/>Asian stocks mixed after Japan election<p><a href="http://news.yahoo.com/asian-stocks-mixed-japan-election-032558210.html"><img src="http://l1.yimg.com/bt/api/res/1.2/ltfZty6TbmGvPfxdQP4ERQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/4dce2df964c03618380f6a706700501a.jpg" width="130" height="86" alt="Japanese Prime Minister Shinzo Abe listens to a reporter's question in front of red rosettes on the names of his Liberal Democratic Party's winning candidates during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Abe's ruling coalition won a majority in the upper house of Parliament in elections, media projected, giving it control of both chambers and a mandate to press ahead with difficult economic reforms. A sign at left reads: "Liberal Democratic Party." (AP Photo/Shizuo Kambayashi)" align="left" title="Japanese Prime Minister Shinzo Abe listens to a reporter's question in front of red rosettes on the names of his Liberal Democratic Party's winning candidates during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Abe's ruling coalition won a majority in the upper house of Parliament in elections, media projected, giving it control of both chambers and a mandate to press ahead with difficult economic reforms. A sign at left reads: "Liberal Democratic Party." (AP Photo/Shizuo Kambayashi)" border="0" /></a>BEIJING (AP) ? Chinese stocks fell but other Asian markets edged up Monday after Japan's ruling party won a majority in parliament's upper house and a mandate to push ahead economic reforms.</p><br clear="all"/>http://news.yahoo.com/asian-stocks-mixed-japan-election-032558210.htmlSun, 21 Jul 2013 23:25:58 -0400Associated Pressasian-stocks-mixed-japan-election-032558210<p><a href="http://news.yahoo.com/asian-stocks-mixed-japan-election-032558210.html"><img src="http://l1.yimg.com/bt/api/res/1.2/ltfZty6TbmGvPfxdQP4ERQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/4dce2df964c03618380f6a706700501a.jpg" width="130" height="86" alt="Japanese Prime Minister Shinzo Abe listens to a reporter's question in front of red rosettes on the names of his Liberal Democratic Party's winning candidates during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Abe's ruling coalition won a majority in the upper house of Parliament in elections, media projected, giving it control of both chambers and a mandate to press ahead with difficult economic reforms. A sign at left reads: "Liberal Democratic Party." (AP Photo/Shizuo Kambayashi)" align="left" title="Japanese Prime Minister Shinzo Abe listens to a reporter's question in front of red rosettes on the names of his Liberal Democratic Party's winning candidates during ballot counting for the upper house elections at the party headquarters in Tokyo Sunday, July 21, 2013. Abe's ruling coalition won a majority in the upper house of Parliament in elections, media projected, giving it control of both chambers and a mandate to press ahead with difficult economic reforms. A sign at left reads: "Liberal Democratic Party." (AP Photo/Shizuo Kambayashi)" border="0" /></a>BEIJING (AP) ? Chinese stocks fell but other Asian markets edged up Monday after Japan's ruling party won a majority in parliament's upper house and a mandate to push ahead economic reforms.</p><br clear="all"/>Financial services recovery would drive UK economy and jobs - PwCLONDON (Reuters) - A properly run financial services industry would generate a quarter of a million new British jobs by 2020, oiling the wheels of sectors such as manufacturing and retail, a new report says. Research published on Monday by PricewaterhouseCoopers (PwC) suggests that robust regulation and benign economic conditions that help the embattled financial sector to recover would also spur 2-3 percent growth in the economy by the end of the decade. An alternative scenario, in which the financial services sector continues to languish, would bring an unimpressive 0. ...http://news.yahoo.com/financial-services-recovery-drive-uk-economy-jobs-pwc-230522684.htmlSun, 21 Jul 2013 19:04:30 -0400Reutersfinancial-services-recovery-drive-uk-economy-jobs-pwc-230522684China's rate reform points to eventual banking shake-up<p><a href="http://news.yahoo.com/chinas-rate-reform-points-eventual-banking-shake-215700350.html"><img src="http://l3.yimg.com/bt/api/res/1.2/10isEQkpxos4J8aL2nOGdA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T215700Z_1_CBRE96K1OZ900_RTROPTP_2_CHINA-SHADOW.JPG" width="130" height="86" alt="A businessman looks at his mobile phone as he walks in the financial area of Pudong in Shanghai" align="left" title="A businessman looks at his mobile phone as he walks in the financial area of Pudong in Shanghai" border="0" /></a>By Pete Sweeney and Gabriel Wildau SHANGHAI (Reuters) - Beijing's move to scrap the floor on lending rates is not yet a game-changer for Chinese banks, but it may have just started the countdown to an eventual industry overhaul which will deprive the banks of virtually risk-free profits. Any liberalization is seen as positive for China's financial sector and the world's second-largest economy. But many Chinese investors fear the nation's banks, which for years have made easy profits from state-mandated spreads between borrowing and lending rates, will struggle to benefit from more competition. ...</p><br clear="all"/>http://news.yahoo.com/chinas-rate-reform-points-eventual-banking-shake-215700350.htmlSun, 21 Jul 2013 17:57:00 -0400Reuterschinas-rate-reform-points-eventual-banking-shake-215700350<p><a href="http://news.yahoo.com/chinas-rate-reform-points-eventual-banking-shake-215700350.html"><img src="http://l3.yimg.com/bt/api/res/1.2/10isEQkpxos4J8aL2nOGdA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T215700Z_1_CBRE96K1OZ900_RTROPTP_2_CHINA-SHADOW.JPG" width="130" height="86" alt="A businessman looks at his mobile phone as he walks in the financial area of Pudong in Shanghai" align="left" title="A businessman looks at his mobile phone as he walks in the financial area of Pudong in Shanghai" border="0" /></a>By Pete Sweeney and Gabriel Wildau SHANGHAI (Reuters) - Beijing's move to scrap the floor on lending rates is not yet a game-changer for Chinese banks, but it may have just started the countdown to an eventual industry overhaul which will deprive the banks of virtually risk-free profits. Any liberalization is seen as positive for China's financial sector and the world's second-largest economy. But many Chinese investors fear the nation's banks, which for years have made easy profits from state-mandated spreads between borrowing and lending rates, will struggle to benefit from more competition. ...</p><br clear="all"/>The China disconnect: analysts lose plot on financial stocks<p><a href="http://news.yahoo.com/china-disconnect-analysts-lose-plot-financial-stocks-214527694.html"><img src="http://l3.yimg.com/bt/api/res/1.2/Aszd4F2nsDR2G5TxDXBFXQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T214527Z_1_CBRE96K1OFW00_RTROPTP_2_CHINA-ANALYSTS.JPG" width="130" height="86" alt="File photo of a man riding an escalator at the Pudong financial district in Shanghai" align="left" title="File photo of a man riding an escalator at the Pudong financial district in Shanghai" border="0" /></a>By Nishant Kumar HONG KONG (Reuters) - Seventy percent of analysts covering Chinese financial stocks rate them a buy, the highest among the world's top 10 markets for such shares. Yet its financials are the worst performing this year in the group, Thomson Reuters StarMine data shows. That disconnect has been on display in recent weeks, with Chinese financial stocks getting hammered on fears about a credit crunch and the country's slowing economy. While the majority of analysts remain positive, mutual funds have dumped shares and short sellers have moved in. ...</p><br clear="all"/>http://news.yahoo.com/china-disconnect-analysts-lose-plot-financial-stocks-214527694.htmlSun, 21 Jul 2013 17:45:27 -0400Reuterschina-disconnect-analysts-lose-plot-financial-stocks-214527694<p><a href="http://news.yahoo.com/china-disconnect-analysts-lose-plot-financial-stocks-214527694.html"><img src="http://l3.yimg.com/bt/api/res/1.2/Aszd4F2nsDR2G5TxDXBFXQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T214527Z_1_CBRE96K1OFW00_RTROPTP_2_CHINA-ANALYSTS.JPG" width="130" height="86" alt="File photo of a man riding an escalator at the Pudong financial district in Shanghai" align="left" title="File photo of a man riding an escalator at the Pudong financial district in Shanghai" border="0" /></a>By Nishant Kumar HONG KONG (Reuters) - Seventy percent of analysts covering Chinese financial stocks rate them a buy, the highest among the world's top 10 markets for such shares. Yet its financials are the worst performing this year in the group, Thomson Reuters StarMine data shows. That disconnect has been on display in recent weeks, with Chinese financial stocks getting hammered on fears about a credit crunch and the country's slowing economy. While the majority of analysts remain positive, mutual funds have dumped shares and short sellers have moved in. ...</p><br clear="all"/>Factbox: Japan PM Abe scorecard: What to watch for after electionTOKYO (Reuters) - Japanese Prime Minister Shinzo Abe cemented his hold on power in an election on Sunday, ending six years of parliamentary deadlock with a big win in the upper house. Here are some key issues and dates to watch, to see whether Abe is using his mandate to keep campaign promises for economic reform. - SALES TAX: Abe's government says it will use April-June GDP data, due August 12, to help judge whether to proceed next April with the planned first phase of doubling the consumption tax to 10 percent over two years. ...http://news.yahoo.com/factbox-japan-pm-abe-scorecard-watch-election-023711101.htmlSun, 21 Jul 2013 17:15:47 -0400Reutersfactbox-japan-pm-abe-scorecard-watch-election-023711101Japan's Abe has chance to show true colors after big election win<p><a href="http://news.yahoo.com/japan-pm-heads-election-victory-amid-policy-concerns-023711237.html"><img src="http://l.yimg.com/bt/api/res/1.2/DkDQotPFt3f1hKJRaUYtLg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T211547Z_1_CBRE96K184A00_RTROPTP_2_JAPAN-ELECTION.JPG" width="130" height="86" alt="Japan's PMAbe, and the leader of the ruling LDP, smiles as he puts a rosette on a name of a candidate, who is expected to win, at the party headquarters in Tokyo" align="left" title="Japan's PMAbe, and the leader of the ruling LDP, smiles as he puts a rosette on a name of a candidate, who is expected to win, at the party headquarters in Tokyo" border="0" /></a>By Linda Sieg TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe's ruling coalition scored a decisive victory in an election on Sunday -- so big that there are suspicions he will lose interest in difficult economic reforms and pursue his nationalist agenda instead. The victory in the vote for parliament's upper house gives Abe a stronger mandate for his prescription for reviving the stagnant economy. Ironically perhaps, it could also give lawmakers in his own party, some of whom have little appetite for painful but vital reforms, more clout to resist change. ...</p><br clear="all"/>http://news.yahoo.com/japan-pm-heads-election-victory-amid-policy-concerns-023711237.htmlSun, 21 Jul 2013 17:15:47 -0400Reutersjapan-pm-heads-election-victory-amid-policy-concerns-023711237<p><a href="http://news.yahoo.com/japan-pm-heads-election-victory-amid-policy-concerns-023711237.html"><img src="http://l.yimg.com/bt/api/res/1.2/DkDQotPFt3f1hKJRaUYtLg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T211547Z_1_CBRE96K184A00_RTROPTP_2_JAPAN-ELECTION.JPG" width="130" height="86" alt="Japan's PMAbe, and the leader of the ruling LDP, smiles as he puts a rosette on a name of a candidate, who is expected to win, at the party headquarters in Tokyo" align="left" title="Japan's PMAbe, and the leader of the ruling LDP, smiles as he puts a rosette on a name of a candidate, who is expected to win, at the party headquarters in Tokyo" border="0" /></a>By Linda Sieg TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe's ruling coalition scored a decisive victory in an election on Sunday -- so big that there are suspicions he will lose interest in difficult economic reforms and pursue his nationalist agenda instead. The victory in the vote for parliament's upper house gives Abe a stronger mandate for his prescription for reviving the stagnant economy. Ironically perhaps, it could also give lawmakers in his own party, some of whom have little appetite for painful but vital reforms, more clout to resist change. ...</p><br clear="all"/>Autos troubles, race at root of Detroit collapse<p><a href="http://news.yahoo.com/autos-troubles-race-root-detroit-collapse-155001770.html"><img src="http://l3.yimg.com/bt/api/res/1.2/IaWo14C3CCmn1c_YNdRBaA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/325ee2c727a10918380f6a706700e50b.jpg" width="130" height="86" alt="The sun sets on Detroit, Thursday, July 18, 2013. State-appointed emergency manager Kevyn Orr asked a federal judge for permission to place Detroit into Chapter 9 bankruptcy protection Thursday. (AP Photo/Paul Sancya)" align="left" title="The sun sets on Detroit, Thursday, July 18, 2013. State-appointed emergency manager Kevyn Orr asked a federal judge for permission to place Detroit into Chapter 9 bankruptcy protection Thursday. (AP Photo/Paul Sancya)" border="0" /></a>Blue-collar workers poured into the cavernous auto plants of Detroit for generations, confident that a sturdy back and strong work ethic would bring them a house, a car and economic security. It was a place where the American dream came true.</p><br clear="all"/>http://news.yahoo.com/autos-troubles-race-root-detroit-collapse-155001770.htmlSun, 21 Jul 2013 17:01:12 -0400Associated Pressautos-troubles-race-root-detroit-collapse-155001770<p><a href="http://news.yahoo.com/autos-troubles-race-root-detroit-collapse-155001770.html"><img src="http://l3.yimg.com/bt/api/res/1.2/IaWo14C3CCmn1c_YNdRBaA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/325ee2c727a10918380f6a706700e50b.jpg" width="130" height="86" alt="The sun sets on Detroit, Thursday, July 18, 2013. State-appointed emergency manager Kevyn Orr asked a federal judge for permission to place Detroit into Chapter 9 bankruptcy protection Thursday. (AP Photo/Paul Sancya)" align="left" title="The sun sets on Detroit, Thursday, July 18, 2013. State-appointed emergency manager Kevyn Orr asked a federal judge for permission to place Detroit into Chapter 9 bankruptcy protection Thursday. (AP Photo/Paul Sancya)" border="0" /></a>Blue-collar workers poured into the cavernous auto plants of Detroit for generations, confident that a sturdy back and strong work ethic would bring them a house, a car and economic security. It was a place where the American dream came true.</p><br clear="all"/>Obama to press Congress to act on economyLooking to retake the initiative on Americans? number one concern, President Barack Obama this week will deliver three speeches on the economy.http://news.yahoo.com/obama-to-press-congress-to-act-on-economy--205050902.htmlSun, 21 Jul 2013 16:50:50 -0400obama-to-press-congress-to-act-on-economy--205050902Europe still sleeping even as Japan, Britain stir<p><a href="http://news.yahoo.com/europe-still-sleeping-even-japan-britain-stir-195153972.html"><img src="http://l1.yimg.com/bt/api/res/1.2/sULwOAluFh3pl4aCPu0dgg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T195153Z_2_CBRE96K1J0Z00_RTROPTP_2_ECB-DRAGHI.JPG" width="130" height="86" alt="European Central Bank President Mario Draghi takes part in the European Parliament's Economic and Monetary Affairs Committee in Brussels" align="left" title="European Central Bank President Mario Draghi takes part in the European Parliament's Economic and Monetary Affairs Committee in Brussels" border="0" /></a>By Alan Wheatley LONDON (Reuters) - Another month, another listless set of business surveys is likely to show this week just how much the euro zone economy still has to do to get over its debilitating debt and banking crisis. An index based on a poll of purchasing managers across the 17-country bloc probably edged up to 49.1 in July from 48.7 in June, but remained below the watershed of 50 that would signal a resumption of growth, according to economists polled by Reuters. ...</p><br clear="all"/>http://news.yahoo.com/europe-still-sleeping-even-japan-britain-stir-195153972.htmlSun, 21 Jul 2013 15:51:53 -0400Reuterseurope-still-sleeping-even-japan-britain-stir-195153972<p><a href="http://news.yahoo.com/europe-still-sleeping-even-japan-britain-stir-195153972.html"><img src="http://l1.yimg.com/bt/api/res/1.2/sULwOAluFh3pl4aCPu0dgg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T195153Z_2_CBRE96K1J0Z00_RTROPTP_2_ECB-DRAGHI.JPG" width="130" height="86" alt="European Central Bank President Mario Draghi takes part in the European Parliament's Economic and Monetary Affairs Committee in Brussels" align="left" title="European Central Bank President Mario Draghi takes part in the European Parliament's Economic and Monetary Affairs Committee in Brussels" border="0" /></a>By Alan Wheatley LONDON (Reuters) - Another month, another listless set of business surveys is likely to show this week just how much the euro zone economy still has to do to get over its debilitating debt and banking crisis. An index based on a poll of purchasing managers across the 17-country bloc probably edged up to 49.1 in July from 48.7 in June, but remained below the watershed of 50 that would signal a resumption of growth, according to economists polled by Reuters. ...</p><br clear="all"/>Yields on Egypt T-bills fall on Gulf aid and cabinet hopesCAIRO (Reuters) - Egyptian treasury bill yields tumbled at an auction on Sunday on hopes that the transitional cabinet, armed with billions of Gulf Arab dollars, will shore up the economy and restore political stability. The cabinet, appointed last week, said in a statement after a meeting on Sunday that "the people need to be informed candidly about the size of Egypt's problems, which require quick and decisive action". Egypt received $2 billion in aid from Saudi Arabia on Sunday and $3 billion from the United Arab Emirates on Thursday. "You've got the cabinet now in place ... ...http://news.yahoo.com/yields-egypt-t-bills-fall-gulf-aid-cabinet-154138504.htmlSun, 21 Jul 2013 11:41:38 -0400Reutersyields-egypt-t-bills-fall-gulf-aid-cabinet-154138504US Treasury Secretary Lew in Greece for talks<p><a href="http://news.yahoo.com/us-treasury-secretary-lew-greece-talks-103046575.html"><img src="http://l2.yimg.com/bt/api/res/1.2/opykQxMWOZIpJpm1BXuvFw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/9dd58287647a3518380f6a70670082bf.jpg" width="130" height="86" alt="U.S. Treasury Secretary Jack Lew, left, shakes hands with Greece's Finance Minister Yannis Stournaras at the ministry in Athens, Sunday, July 21, 2013. U.S. Treasury Secretary Jack Lew has arrived in Athens to discuss Greece's efforts to overcome a deep debt crisis. Samaras is due to visit the United States in early August, where he will meet U.S. President Barack Obama. (AP Photo/John Kolesidis, Pool)" align="left" title="U.S. Treasury Secretary Jack Lew, left, shakes hands with Greece's Finance Minister Yannis Stournaras at the ministry in Athens, Sunday, July 21, 2013. U.S. Treasury Secretary Jack Lew has arrived in Athens to discuss Greece's efforts to overcome a deep debt crisis. Samaras is due to visit the United States in early August, where he will meet U.S. President Barack Obama. (AP Photo/John Kolesidis, Pool)" border="0" /></a>ATHENS, Greece (AP) ? U.S. Treasury Secretary Jack Lew urged Greece on Sunday to continue its efforts to stabilize its debt-ridden economy and capitalize on the sacrifices already made "to ensure prosperity and growth for generations to come."</p><br clear="all"/>http://news.yahoo.com/us-treasury-secretary-lew-greece-talks-103046575.htmlSun, 21 Jul 2013 11:30:57 -0400Associated Pressus-treasury-secretary-lew-greece-talks-103046575<p><a href="http://news.yahoo.com/us-treasury-secretary-lew-greece-talks-103046575.html"><img src="http://l2.yimg.com/bt/api/res/1.2/opykQxMWOZIpJpm1BXuvFw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/9dd58287647a3518380f6a70670082bf.jpg" width="130" height="86" alt="U.S. Treasury Secretary Jack Lew, left, shakes hands with Greece's Finance Minister Yannis Stournaras at the ministry in Athens, Sunday, July 21, 2013. U.S. Treasury Secretary Jack Lew has arrived in Athens to discuss Greece's efforts to overcome a deep debt crisis. Samaras is due to visit the United States in early August, where he will meet U.S. President Barack Obama. (AP Photo/John Kolesidis, Pool)" align="left" title="U.S. Treasury Secretary Jack Lew, left, shakes hands with Greece's Finance Minister Yannis Stournaras at the ministry in Athens, Sunday, July 21, 2013. U.S. Treasury Secretary Jack Lew has arrived in Athens to discuss Greece's efforts to overcome a deep debt crisis. Samaras is due to visit the United States in early August, where he will meet U.S. President Barack Obama. (AP Photo/John Kolesidis, Pool)" border="0" /></a>ATHENS, Greece (AP) ? U.S. Treasury Secretary Jack Lew urged Greece on Sunday to continue its efforts to stabilize its debt-ridden economy and capitalize on the sacrifices already made "to ensure prosperity and growth for generations to come."</p><br clear="all"/>U.S. Treasury Secretary Lew urges Greece to stick with reforms<p><a href="http://news.yahoo.com/u-treasury-secretary-lew-urges-greece-stick-reforms-151507406.html"><img src="http://l.yimg.com/bt/api/res/1.2/3S54Eu1j0dPxPdqv3MPmcw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T151507Z_1_CBRE96K16DP00_RTROPTP_2_USA-GREECE-LEW.JPG" width="130" height="86" alt="Greece's Prime Minister Samaras addresses reporters next to U.S. Treasury Secretary Lew at the Athens Acropolis Museum in Athens" align="left" title="Greece's Prime Minister Samaras addresses reporters next to U.S. Treasury Secretary Lew at the Athens Acropolis Museum in Athens" border="0" /></a>ATHENS (Reuters) - U.S. Treasury Secretary Jack Lew urged Greece on Sunday to persevere with tough economic reforms during a one-day trip to Athens designed to demonstrate Washington's support for the crisis-plagued country. Greek government officials said Lew's talks focused on Greece's fiscal progress before Prime Minister Antonis Samaras meets U.S. President Barack Obama in Washington on August 8. "We recognize the difficult decisions and shared sacrifices of the last few years," Lew told reporters after meeting Samaras at the Acropolis Museum. "Of course the road ahead is still ...</p><br clear="all"/>http://news.yahoo.com/u-treasury-secretary-lew-urges-greece-stick-reforms-151507406.htmlSun, 21 Jul 2013 11:15:07 -0400Reutersu-treasury-secretary-lew-urges-greece-stick-reforms-151507406<p><a href="http://news.yahoo.com/u-treasury-secretary-lew-urges-greece-stick-reforms-151507406.html"><img src="http://l.yimg.com/bt/api/res/1.2/3S54Eu1j0dPxPdqv3MPmcw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T151507Z_1_CBRE96K16DP00_RTROPTP_2_USA-GREECE-LEW.JPG" width="130" height="86" alt="Greece's Prime Minister Samaras addresses reporters next to U.S. Treasury Secretary Lew at the Athens Acropolis Museum in Athens" align="left" title="Greece's Prime Minister Samaras addresses reporters next to U.S. Treasury Secretary Lew at the Athens Acropolis Museum in Athens" border="0" /></a>ATHENS (Reuters) - U.S. Treasury Secretary Jack Lew urged Greece on Sunday to persevere with tough economic reforms during a one-day trip to Athens designed to demonstrate Washington's support for the crisis-plagued country. Greek government officials said Lew's talks focused on Greece's fiscal progress before Prime Minister Antonis Samaras meets U.S. President Barack Obama in Washington on August 8. "We recognize the difficult decisions and shared sacrifices of the last few years," Lew told reporters after meeting Samaras at the Acropolis Museum. "Of course the road ahead is still ...</p><br clear="all"/>Japan PM Abe says want to reach sales tax hike decision in autumn<p><a href="http://news.yahoo.com/japan-pm-abe-says-want-reach-sales-tax-135249946.html"><img src="http://l2.yimg.com/bt/api/res/1.2/zikP5NlMcdFZpZcSKwA0LA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-21T135249Z_1_CBRE96K12K500_RTROPTP_2_CBUSINESS-US-JAPAN-ELECTION-ABE-TAX.JPG" width="130" height="86" alt="Japan's PM Abe, and the leader of the ruling LDP, listens to a question at the party headquarters in Tokyo" align="left" title="Japan's PM Abe, and the leader of the ruling LDP, listens to a question at the party headquarters in Tokyo" border="0" /></a>TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe said on Sunday that he wants to decide in the autumn whether to proceed with a scheduled sales tax hike next year, while looking carefully at economic indicators. "We have to look at various data, including the April-June GDP figures, and decide what needs to be done to clear hurdles such as beating deflation, achieving economic growth and restoring Japan's fiscal health. I'd like to reach a decision in the autumn," he said. "It will be a difficult decision. ...</p><br clear="all"/>http://news.yahoo.com/japan-pm-abe-says-want-reach-sales-tax-135249946.htmlSun, 21 Jul 2013 09:52:49 -0400Reutersjapan-pm-abe-says-want-reach-sales-tax-135249946<p><a href="http://news.yahoo.com/japan-pm-abe-says-want-reach-s
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