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<title>EIN News: East Asia European Union News</title>
<link>http://www.einnews.com/east-asia/newsfeed-east-asia-eu</link>
<description>Constantly updated news and information about world affairs.</description><item>
<title>Markets plunge on US recession data, global gloom</title>
<link>http://www.einnews.com/news.php?wid=201304522</link>
<pubDate>2 Dec 2008 06:32 GMT</pubDate>
<description>
...  counter recession, with Germany voicing reservations about European Union plans for a 200-billion-euro (252.5-billion-dollar) stimulus package. &quot;All member states are  ...  term to this difficult economic situation,&quot; said EU Economic Affairs Commissioner Joaquin Almunia. The European  ...
</description>
</item><item>
<title>Asian markets tumble after Wall Street plunges amid swirl of bad reports</title>
<link>http://www.einnews.com/news.php?wid=201304139</link>
<pubDate>2 Dec 2008 06:32 GMT</pubDate>
<description>
... Asian markets tumble after Wall Street plunges amid  ...  of the U.S., a crucial export market. Japan&#39;s Nikkei 225 stock average shed 4.6 per  ...  93.54 yen from 93.18 late Monday. The euro stood at $1.2629 from $1.2597. U.S. stock  ...
</description>
</item><item>
<title>Asian Stocks Tumble as Wall Street Plummets</title>
<link>http://www.einnews.com/news.php?wid=201304048</link>
<pubDate>2 Dec 2008 06:32 GMT</pubDate>
<description>
... Japan&#39;s Nikkei 225 stock average shed 4.7% to 8,005.77, and Hong Kong&#39;s Hang Seng index lost 5%. Stocks in  ...  93.41 yen from 93.18 late Monday. The euro stood at $1.2641 from $1.2597. Shares of  ...
</description>
</item><item>
<title>Rupee steady at 50.07/08 in early trade</title>
<link>http://www.einnews.com/news.php?wid=201303977</link>
<pubDate>2 Dec 2008 06:32 GMT</pubDate>
<description>
... Mumbai, Dec 01, 2008 (Asia Pulse Data Source via COMTEX) -- The  ...  bounced against the pound sterling and the euro but fell back sharply against the Japanese yen. The domestic currency surged strongly against  ...
</description>
</item><item>
<title>Dalai Lama: be firm when dealing with China</title>
<link>http://www.einnews.com/news.php?wid=201303971</link>
<pubDate>2 Dec 2008 06:32 GMT</pubDate>
<description>
...  dealing with China, while recognising that the Asian economic giant could not be ignored. &quot;I&#39;m  ...  January when his country takes over the EU&#39;s rotating presidency, expressed his sympathies for Tibet  ...  decided to scrap a summit with the European Union in France, in response to French President  ...
</description>
</item><item>
<title>Manufacturing index drops to 26-year low</title>
<link>http://www.einnews.com/news.php?wid=201303953</link>
<pubDate>2 Dec 2008 06:32 GMT</pubDate>
<description>
...  spot as major economies in Europe and Asia also slow. The ISM&#39;s index of new  ...  on Monday from the United Kingdom, the European Union, China and other countries also were weak, economists  ...
</description>
</item><item>
<title>Dollar mixed in Asia after Wall Street slump</title>
<link>http://www.einnews.com/news.php?wid=201303720</link>
<pubDate>2 Dec 2008 06:32 GMT</pubDate>
<description>
... TOKYO - The dollar was mixed in Asian trade Tuesday after an overnight plunge on  ...  93.21 in New York late Monday. The euro rose to 1.2640 dollars from 1.2607 and  ...  recession in the region. The Bank of Japan was holding an extraordinary meeting Tuesday to  ...
</description>
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<title>Dollar funding rates dip, Japan pumps cash</title>
<link>http://www.einnews.com/news.php?wid=201303718</link>
<pubDate>2 Dec 2008 06:32 GMT</pubDate>
<description>
...  Dollar overnight funding rates dipped slightly in Asia on Tuesday while staying well above last  ...  strains at the end of the year. Japanese monetary authorities injected a huge amount of  ...  of rate cuts in Britain and the euro zone this week and another one in  ...
</description>
</item><item>
<title>Asia stocks slide as global outlook darkens</title>
<link>http://www.einnews.com/news.php?wid=201302870</link>
<pubDate>2 Dec 2008 06:31 GMT</pubDate>
<description>
... HONG KONG (Reuters) - Asian equities slid on Tuesday after signs of  ...  demand. But the yen slipped as some Japanese investors shifted funds into foreign assets. The  ...  U.S. trade to 93.60 yen, while the euro was a tad higher at 118.25 yen.  ...
</description>
</item><item>
<title>Asia stocks slide on global crisis</title>
<link>http://www.einnews.com/news.php?wid=201302828</link>
<pubDate>2 Dec 2008 06:31 GMT</pubDate>
<description>
... HONG KONG: Asian equities slid on Tuesday after signs of  ...  demand. But the yen slipped as some Japanese investors shifted funds into foreign assets. The  ...  U.S. trade to 93.60 yen, while the euro was a tad higher at 118.25 yen.  ...
</description>
</item><item>
<title>TOPWRAP 1-Australia cuts rates, global stocks sag a...</title>
<link>http://www.einnews.com/news.php?wid=201302403</link>
<pubDate>2 Dec 2008 06:31 GMT</pubDate>
<description>
...  a full percentage point on Tuesday and Japan&#39;s central bank met to consider its response  ...  Brian Redican. Central banks in Britain, the euro zone and New Zealand, all mired in  ...  brief respite last week. Stocks tumbled across Asia on Tuesday on expectations for more economic  ...
</description>
</item><item>
<title>GLOBAL MARKETS-Asia stocks slide as global outlook darkens</title>
<link>http://www.einnews.com/news.php?wid=201302281</link>
<pubDate>2 Dec 2008 06:31 GMT</pubDate>
<description>
... GLOBAL MARKETS-Asia stocks slide as global outlook darkens By  ...  demand. But the yen slipped as some Japanese investors shifted funds into foreign assets. The  ...  U.S. trade to 93.60 yen, while the euro was a tad higher at 118.25 yen  ...
</description>
</item><item>
<title>RPT-GLOBAL MARKETS-Asia stocks slide as global outlook darkens</title>
<link>http://www.einnews.com/news.php?wid=201302280</link>
<pubDate>2 Dec 2008 06:31 GMT</pubDate>
<description>
... RPT-GLOBAL MARKETS-Asia stocks slide as global outlook darkens By  ...  demand. But the yen slipped as some Japanese investors shifted funds into foreign assets. The  ...  U.S. trade to 93.60 yen, while the euro was a tad higher at 118.25 yen  ...
</description>
</item><item>
<title>Hong Kong shares end morning down 4.9 pct; properties slump UPDATE</title>
<link>http://www.einnews.com/news.php?wid=201302273</link>
<pubDate>2 Dec 2008 06:31 GMT</pubDate>
<description>
...  4.9 pct; properties slump UPDATE HONG KONG (XFN-ASIA) - Share prices finished the morning sharply  ...  three largest economies -- the US, the European Union and Japan -- already in recession, and with emerging  ...
</description>
</item><item>
<title>Australia cuts rates, global stocks sag amid crisis</title>
<link>http://www.einnews.com/news.php?wid=201302027</link>
<pubDate>2 Dec 2008 06:30 GMT</pubDate>
<description>
...  brief respite last week. Stocks tumbled across Asia on Tuesday on expectations for more economic gloom. Japan&#39;s Nikkei share average .N225 fell 4.6 percent  ...  an impact on the sharp global slowdown. Euro zone finance ministers were in Brussels to  ...
</description>
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