Topic: Asian Economy

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Japan PM calls for 'firm steps' against strong yen

AFP Global Edition | 2010-03-12 10:10:30
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 a misleading impression of the ...
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South Korea Interest Rate

AP News | 2010-03-11 06:27:56
South Korea Interest Rate
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 at a record low Thursday amid international ...
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China Inflation

AP News | 2010-03-11 04:16:05
China Inflation
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 economy on track. (AP Photo/Vincent ...
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Yuan policy shift depends on recovery: China

AFP Asian Edition | 2010-03-08 12:10:15
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 ...
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