The BoJ must make a new commitment to meet its 2 percent inflation target because achieving that goal by around next spring will be difficult.
New Zealand stocks cheered the National Party's election victory, but analysts warned the 'rock star' economy faces mounting headwinds.
Google's problems in China just got worse. The NYT reports.
Chinese warships have docked at Iran's principal naval port for the first time for a four-day joint naval exercise. The NYT reports.
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Apart from the appreciation of the U.S. dollar, underlying problems in New Zealand's economy will weigh on the currency, says Todd Elmer, Currency Strategist at Citi.
Helen Qiao, Chief Economist for Greater China at Morgan Stanley, says a lowering of growth targets in China will leave more room for structural reforms.
Rob Subbaraman, Chief Economist, Asia ex-Japan at Nomura, says a lower growth target at 7 percent will be an "useful policy instrument" that reflects Beijing's commitment to reforms.