The Bank of Japan said Friday it would increase its asset purchases by between 10 trillion yen and 20 trillion yen to about 80 trillion yen, citing an easing in inflation.» Read More
The fighting between Israel and Hamas in Gaza is likely to have only a limited impact on Israel's economy if it ends quickly, Bank of Israel governor Stanley Fischer told CNBC’s "Closing Bell" on Tuesday.
The media conglomerate, which had been on its heels for more than a year because of the phone hacking scandal in Britain, is looking to make acquisitions again. The NYT reports.
China is full of big bets that the country’s breakneck economic growth will continue apace, but few are bigger than the vast Yujiapu financial district here. The NYT reports.
Financial markets are back in risk mode amid optimism that a deal will be done to avert a U.S. “fiscal cliff” of looming tax hikes and spending cuts. Even news of France being stripped of its much-coveted triple-A credit rating is unlikely to put a dent in stock market gains, analysts told CNBC.
The rare congruity of the political calendars in the United States and China, with both countries choosing leaders this month, is about to produce an equally rare replacement of most of each side’s senior trade negotiators, with unpredictable results for bilateral economic relations. The NYT reports.
Yet another change of leadership in Japan and the prospect of more aggressive monetary easing have sent the safe haven yen tumbling to a six-month low and currency strategists tell CNBC the days of a strong yen may finally be over.
Few industries matter more to China’s 1.3 billion population than real estate. Will the new leadership make a difference?
In a snow-covered Chinese village surrounded by mountains, farmers had little time on Thursday for the spectacle unfolding in the Great Hall of the People an hour's drive to the southeast, but in many ways a million miles away.
Japanese companies don't know what to expect from China's new leadership team as simmering tensions between Asia's two biggest economies curb sales, forcing firms to look further afield to pick up the slack, a Reuters poll showed.
China's ruling Communist Party unveiled an older, conservative new leadership line-up on Thursday that appears unlikely to take the drastic action needed to tackle pressing issues like social unrest, environmental degradation and corruption.
At first glance, China’s new set of leaders look like a conservative lot, but country watchers warn not go simply by the past credentials of these seven decision-makers as they are likely to push ahead with market-friendly reforms crucial to the future of the world’s second largest economy.
China's ruling Communist Party unveiled its new seven-man Politburo Standing Committee on Thursday, confirming Xi Jinping's elevation to the no. 1 spot in the line-up and the end of Hu Jintao's 10 years as party boss. Here's a rundown of the appointed members.
During the past 20 years, economist Zhang has been a witness to and active participant in the formulation of the country's economic policy. The Caixin reports.
The expansion of U.S. restaurant chains on the mainland highlights the importance of China's economy to U.S. corporates.
Even as the Communist Party Congress concludes its sweeping leadership transition later this week, the question of whether the departing president, Hu Jintao, will keep his powerful post as head of the military looms as a major unresolved issue, and one of deepest intrigue. The NYT reports.
China's incoming premier is putting his focus on electricity consumption, rail cargo, and bank loans, rather than GDP. Find out why.
Li Keqiang, China’s next premier, is the only official at the top of the country’s political system to have participated in a competitive election. The FT reports.
The cabinet of China has ordered that all major industrial projects must pass a “social risk assessment” before they begin, a move aimed at curtailing the large and increasingly violent environmental protests of the last year, which forced the suspension or cancellation of chemical plants, coal-fired power plants and a giant copper smelter. The NYT reports.
In 2007, a year before Beijing hosted the Olympics, China's Communist rulers made a special effort at a five-yearly congress to show the world transparency and grant rare open access to foreign media.
The Japanese economy shrank in the third quarter — the first time since last year — prodding the world’s third biggest economy into recession and prompting its central bank to announce that it will continue “powerful monetary easing” to boost growth.
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