Topic: Asian Economy

South Korea Interest Rate

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

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

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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SKorean finance chief warns against rate increase

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 ...
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