Woww International Monetary Fund Cuts China Growth Outlook Projections for 2013

Japan economic and monetary latest update, Bank of Japan's Kuroda Says Capital Controls May Help Limit Contagion, Global financial community should recognize capital controls as a very important tool to curb international transmission of crises, Bank of Japan Governor Haruhiko Kuroda suggested a vision during a conference on Wednesday. "The global financial community must, in its efforts to rebuild the global financial system, come to terms with two issues: capital controls and financial regulation and supervision."

Auto sales in Japan more slower, Downturn In Japanese Retail Slows Amid Auto Sales Recovery, The contraction in Japan's retail sales slowed in April after demand for automobiles recovered from a seven-month bout of decline, the latest figures from the Japanese Ministry of Economy, Trade and Industry showed Wednesday. Auto Sales fell 0.1 percent year-on-year in April. Investors and Economists had forecast a contraction of 0.4 percent following the 0.3 percent drop in March

China economic growth become slower, IMF Cuts China Growth Outlook; Calls For Decisive Reforms, what a bad news, The International Monetary Fund lowered China's growth estimate and warned the nation to respond to the challenges especially in the area of social financing and reduce high dependence on investment. The China economy will grow 7.75 percent this year and next, the IMF said Wednesday. The lender lowered its projections for 2013 from 8 percent and the outlook for next year from 8.2 percent