TOKYO, Nov. 13 (UPI) -- A member of Bank of Japan's policy board Thursday warned Japan's sluggish economy could deteriorate further because of the global financial crisis. Seiji Nakamura, speaking to business leaders in...
TOKYO, Nov 13 (Reuters) - Japan's industrial production rose 1.1 percent in September from a month earlier on a seasonally adjusted basis, revised government data showed on Thursday. That compared with the preliminary reading...
Thursday 13th November, 10:05 AM JST TOKYO — Japan’s October wholesale prices rose a weaker-than-expected 4.8% from a year earlier, but marked the biggest fall in more than 40 years on a monthly basis amid sharp falls in crude...
Pakistan's central bank increased its benchmark interest rate by 2 percentage points, the most in more than a decade, as the government seeks a loan from the International Monetary Fund (IMF) to avoid defaulting on its debt.
TOKYO, Nov 13 (Reuters) - Bank of Japan Deputy Governor Hirohide Yamaguchi will appear before a parliamentary committee on Thursday from 2:00 p.m. to 3:25 p.m. (0500-0625 GMT), a parliamentary official said. Kenzo Yamamoto, an...
Since early October the Bank of England has shown little shyness in its pursuit to ease liquidity concerns; it has cut its benchmark interest rate by 200bp over the course of the four weeks ending November 6. In its Quarterly...
Written by Ilya Spivak, Currency Analyst Germany’s Gross Domestic Product headlines the economic calendar in European hours, with expectations calling for the second consecutive quarter of negative growth to confirm the Euro...
SINGAPORE -- Market disappointment with the US Treasury's proposed shift in the use of its bailout funds spilled over into Asian money markets on Thursday, freezing spreads and heightening uncertainty across assets.
The Japanese yen that surged to near a 3-week high against the pound at 5:50 pm ET Wednesday reversed direction thereafter. At the same time, the yen also eased from new multi-day highs against the euro and the franc....
MATSUYAMA, Japan -(Dow Jones)- Bank of Japan policy board member Seiji Nakamura suggested on Thursday that monetary conditions have become less accommodative in Japan due to the recent market crisis. "There have been changes in...