NEWS HOUR 20120323

New Chinese gov´t subsidies to promote green cars

A new subsidy policy is intended to promote the use of energy-saving automobiles, according to a Thursday report by the China Securities Journal.

Nikkei edges down over 7 pct to end below 14,500

Nikkei edged down 7.32 percent Thursday in Tokyo triggered by weak Chinese data outpaced sharp gains made earlier on the dollar´s strength against the yen.

Premier´s visit "milestone" for Sino-Swiss relations: ambassador