Topic: Asian Economy
Yuan policy shift depends on recovery: China
AFP Asian Edition
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 effectively pegging the yuan to the US ...
SKorean finance chief warns against rate increase
AP News
South Korean finance minister says still too early for central bank to raise interest rateSouth 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 bank just days ahead of a rate-setting ...
China Politics
AP News
Bank of Japan to mull further credit easing: report
AFP Asian Edition
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 deflation at a two-day meeting ...
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