Asian Economy

1-10 of 40 results

Japan corporate mood up; talk of government stimulus weighs

Reuters US Online Report Top News 4 hours ago

TOKYO (Reuters) - Japanese companies have become far less gloomy about economic conditions than three months ago, a Reuters corporate survey showed, pointing to a big improvement in the Bank of Japan's closely watched tankan survey next month. But grinding deflation will ...

BOJ split vote raises doubts about future easing

Reuters US Online Report Business News yesterday

TOKYO (Reuters) - The Bank of Japan loosened monetary policy on Wednesday in a split vote that suggested the central bank would struggle in the future to meet government demands for easier monetary conditions. The government has prodded the BOJ for weeks ...

Bank of Japan frees up cash, keeps rate near zero

AFP Global Edition yesterday

Japan's central bank doubled the amount of cash it will make available to banks Wednesday while keeping interest rates at a record low as it tries to kickstart a stuttering economic recovery. Under government pressure to help fight deflation, the Bank of ...

China hits back at US lawmakers on currency

AFP Global Edition 2 days ago

China on Tuesday dismissed calls from US lawmakers for Beijing to be labelled a currency manipulator, saying the value of the yuan was not to blame for global trade imbalances. The comments echoed those by Premier Wen Jiabao at the weekend, who ...

China tightening fears send Asian markets lower

AFP Global Edition 3 days ago

Speculation that China will take more steps to cool its economy hit sentiment in Asia Monday, with Shanghai and Hong Kong lower as risk-averse investors stayed on the sidelines. Trade was relatively quiet ahead of meetings this week by eurozone finance ministers ...

Japan PM calls for 'firm steps' against strong yen

AFP Global Edition 6 days ago

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 ...

South Korea Interest Rate

AP News 7 days ago

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 ...

China Inflation

AP News 7 days ago

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 ...

Yuan policy shift depends on recovery: China

AFP Asian Edition 10 days ago

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 ...

SKorean finance chief warns against rate increase

AP News 10 days ago

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 ...

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