Companies could save $200 billion by writing off capital investment. The president also announces a $50-billion spending plan for roads, runways and railroads.

By Mayumi Otsuma - Tue Sep 07 04:42:37 GMT 2010 The Bank of Japan kept borrowing costs and the size of its liquidity injections unchanged, taking a pause in monetary stimulus to monitor the yen's moves and US economic data after expanding a credit ...

By Wayne Cole SYDNEY, Sept 7 (Reuters) - Australia's central bank left its key cash rate unchanged at 4.5 percent for a fourth month on Tuesday, while sounding more upbeat on domestic demand and investment and less concerned about the global outlook.

One of the world's highest paid bankers, Bob Diamond, is to become chief executive of Barclays Bank. The American, who has made about £100m as head of the bank's investment wing, will replace John Varley who steered the firm through the credit crunch.

BANGKOK - Asian stock markets mostly fell Tuesday but losses were limited amid easing worries over the pace of the global economic recovery.