Asia Pacific | Japan's Economy Grows Faster Than Expected as Consumer Spendin...

Asia Pacific

 

Japan's Economy Grows Faster Than Expected as Consumer Spending Rebounds

Japan's economy grew more than expected in the third quarter as consumer spending rose at its quickest pace in 18 months. A top government official said growth is already faltering as exports slow. 

 

Call for calm over China changes
BEIJING, China (CNN) -- Chinese President Jiang Zemin has pleaded with his Politburo colleagues not to lose tempers -- and spirit of unity -- over personnel arrangements to be finalized later this week.

 

U.S. Meat Exports Hit by West Coast Port Dispute
Dockers' strike has hit meat exports to Japan and Korea now and in the immediate future.

 

Livestock Exporters Loses Licence
Western Australian livestock company, Sampak has had its export licence revoked.

 

McDonald's Japan plagued by worsening sales
Sluggish sales for fast food operator MCDONALD'S HOLDINGS CO. (JAPAN) (TSE:2702) pushed shares to their lowest levels ever to below 2,000 yen (US$16).

 

Americas

 

Mexicans Fear Influx of U.S. Food
Mexicans are not just worried about imported food displacing family farms -- they're also worried about the effect it is having on Mexico's centuries-old cuisine.

 

Greenspan says Mexico on positive growth path
Invoking the spirit of 18th century economist Adam Smith, U.S. Federal Reserve (Fed) Chairman Alan Greenspan on Tuesday said Mexico had adhered to two of Smith's three basic criteria for national prosperity.

 

USA

 

US Justice Dept seeks stay in pork checkoff ruling
WASHINGTON, Nov 12 (Reuters) - The U.S. Justice Department on Tuesday filed a court motion to continue a nationwide pork program, which pays for the "The Other White Meat" TV ads and other promotional efforts, past a Nov. 24 deadline.

 

USDA Files Motion Over Pork Checkoff
The Department of Agriculture on Tuesday asked for permission to continue pork checkoff collections while it appeals a judge's order to stop them later this month.

 

US Meat Exporters Tackle Traceability during Annual Meeting
US meat exporters discuss the benefits of establishing a full tacking programme for meat and meat products.

 

Ranchers to appeal beef checkoff approval
Shepherd-area ranchers Steve and Jeanne Charter will appeal a recent federal court ruling that a national beef promotion program that collects fees from cattle producers is constitutional

 

US agriculture department evacuated in bomb threat
WASHINGTON, Nov 13 (Reuters) - The U.S. Department of Agriculture was evacuated on Wednesday after a bomb threat, Metropolitan Police Dept. spokesman Quintin Peterson said.

 

Biotech corn may have tainted soybeans
The federal government has impounded about 500,000 bushels of soybeans that may be contaminated with experimental corn that was genetically engineered for pharmaceutical uses, officials said Tuesday.