Japan's Prime Minister Yukio Hatoyama on Friday made a rare call for "firm steps" to stem the strength of the yen as the currency's recent advances have hit exporters' earnings. Hatoyama told a parliamentary session that the yen's current high value gave ...
Lee Seong-tae, governor of the Bank of Korea, bangs the gavel to preside over a meeting to decide a benchmark call rate at its headquarters in Seoul, South Korea, Thursday, March 11, 2010. South Korea's central bank left its key interest rate ...
This picture taken Wednesday Feb. 10, 2010 shows a Chinese select dry meat at a department store in Beijing, China. China's inflation spiked higher in February, adding to pressure on Beijing to prevent overheating and keep the recovery in the world's third-largest ...
A top official at China's central bank said Monday uncertainties remained about when Beijing would allow the yuan to appreciate, and it would depend on domestic and global economic conditions. At the weekend, central bank governor Zhou Xiaochuan hinted the policy of ...
South Korean finance minister says still too early for central bank to raise interest rate South Korea's finance minister warned Monday the country's economic recovery remains too fragile to withstand an increase in borrowing costs from a record low, cautioning the central ...
Zhou Xiaochuan, governor of the People's Bank of China, right, gestures while Xie Xuren, China finance minister, speaks to the media during a financial and economy press conference of the National People's Congress at the Great Hall of the People in Beijing, ...
Japan's central bank will likely consider more monetary easing to fight stubborn deflation as the world's second largest economy recovers from a severe recession, a newspaper reported Friday. The Bank of Japan's policy board is expected to discuss new steps to tackle ...
China has emerged as Sri Lanka's biggest single lender in 2009, overtaking the World Bank and the Asian Development Bank, the treasury said Wednesday. China lent 1.2 billion dollars to build roads, a coal power project and a port in the island's ...
GM says China sales up 51 percent in February on strong demand for Chevrolets, Cadillacs General Motors said its February vehicle sales in China rose 51 percent from a year earlier on strong demand for Chevrolet and Cadillac models as well as ...
Japan's jobless rate slipped back below five percent in January, data showed Tuesday, but the government voiced concern that Toyota's recall crisis and deflation could threaten the export-led recovery. The world's number two economy last year emerged from its worst post-war recession, ...
