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Interest Rates: Bank of England Takes a Break from Printing Money The Bank of England put a hold on its unprecedented 200 billion pound asset-buying programme for the first time in 11 months on Thursday, but left the door open for more so-called quantitative easing if the economy relapsed. (tags: United_Kingdom BankofEngland monetary_policy)

U.S. criticizes Japan's latest 'clunkers' plan | The Detroit News U.S. Trade Representative Ron Kirk said Japan's decision to use EPA "city" mileage ratings instead of EPA "combined city/highway" mileage ratings as the basis for determining eligibility sharply limited the number of U.S. models that will qualify under the program in the world's third-largest auto … Read more

BoC, Other Banks Tighten Property Loans – JLM Pacific Epoch Some commercial banks are suspending loans to real estate developers, due to excess lending in 2009 and greater regulatory focus on real estate risk, China Business News reports February 3 quoting an unnamed commercial bank employee. (tags: China real_estate banks) Amazon's E-Book Price Reversal: A … Read more

Amazon's Self-Defeating War on Publishers | The Big Money Amazon, perhaps panicked by the degree of old-media collusion with its Cupertino rival, Amazon shut down the sales of all Macmillan titles–electronic and physical–on Friday. How that blatant act of bullying will advance Amazon’s agenda remains difficult to see. The lost sales will be significant for … Read more

Japan Kan says more BOJ action may be needed-media | Reuters The Bank of Japan may need to do more to beat deflation, the finance minister said in a newspaper interview, keeping pressure on the central bank to help support a fragile economic recovery (tags: Japan deflation monetary_policy) China moves again on lending, economy shows … Read more