Wednesday, October 15, 2008

Breaking News-RTRS-Asia eyes economy risks as markets cheer bailout

BEIJING/TOKYO, Oct 14 (Reuters) - Policymakers in the Asia-Pacific turned their attention to a looming worldwide economic slump on Tuesday as regional markets bet the most torrid phase yet of a global financial crisis had passed.
Australia prepared a plan to stimulate a slowing economy, the Bank of Korea and a Chinese government researcher issued gloomy growth forecasts, Japan's ruling party pushed for more spending and a newspaper said Malaysia would soon move to boost growth.