The Asia Development Bank cuts its 2009 growth outlook for China to 7% from 8.2%, saying Beijing's giant stimulus package and similar measures will take some time to gain traction.

March 30 (Bloomberg) -- The central banks of China and Argentina reached an agreement for a three-year, 70 billion yuan ($10 billion) currency swap, Chinese Central Bank Governor Zhou Xiaochuan told reporters in Medellin, Colombia, today.

The Defence Department needs to explain why its Black Hawk helicopters cannot be deployed to Afghanistan, Australian Strategic Policy Institute analyst Andrew Davies says.

March 30 (Bloomberg) -- The central banks of China and Argentina reached an agreement for a 70 billion yuan ($10 billion) currency swap, the first such accord between the world’s third-biggest economy and a Latin American nation.

Global business Minneapolis Star Tribune, MN Nicolas Sarkozy, the French president, also condemned a $4.3 million payoff made to the departing boss of Valeo, a struggling car-parts supplier. Venezuela's president, Hugo Chavez, struggling with the country's finances, announced spending cuts. ...

The U.S. Department of Agriculture today amends the availability of the following credit guarantees for sales of U.S. agricultural commodities under the Commodity Credit Corporation's Export Credit Guarantee Program (GSM-102) for fiscal year 2009. Additional Amount Available: $50 million Geographical Area: China, Hong Kong

US: Chairman Kerry Advocates A New Partnership In US-Russian Relations ISRIA (subscription), DC Russia may have a legitimate need to obtain market prices for its gas exports, but even as Ukraine’s reputation as a reliable transit country may have been tarnished, Russia’s reputation as a reliable supplier also suffered. Ukraine is a country that, ...

The federal and Ontario governments say General Motors and Chrysler's Canadian restructuring plans are unrealistic and the companies must go further in cutting costs.

NEW YORK----Reportlinker.com announces that a new market research report is available in its catalogue.

The Export-Import Bank of China (China Exim) and ICICI Bank, have signed a loan agreement for USD 98-million under the two-step buyer-credit (export credit) arrangement.