Topic: Asian Economy
Japan corporate mood up; talk of government stimulus weighs
Reuters US Online Report Top News
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 mean Japan's economic recovery remains modest and ...
BOJ split vote raises doubts about future easing
Reuters US Online Report Business News
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 to ease policy, a tactic analysts say is aimed ...
Bank of Japan frees up cash, keeps rate near zero
AFP Global Edition
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 Japan said it would extend emergency steps ...
China hits back at US lawmakers on currency
AFP Global Edition
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 said Beijing would not yield to foreign pressure ...
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