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Archive Asia Economy

  • The Bank of Japan is likely to end its two-day rate review on Thursday with no change in monetary policy.

  • *Spot gold was down 0.2 percent at $1,298.61 an ounce at 0054 GMT, after earlier dropping to lowest since late August at $1295.65. *The euro's appreciation reflects a stronger euro zone economy, supporting calls for the European Central Bank to move away from its unprecedented stimulus policy, ECB rate-setter Klaas Knot said on Wednesday. *The Bank of England will...

  • Marcel Thieliant, senior Japan economist, Capital Economics, said if PM Shinzo Abe calls a snap election this year, implementation of a sales tax next year would be easier if his party does well.

  • Indonesia is playing catch-up on infrastructure spending, says Indrawati Darmawan, CFO, Indonesia Infrastructure Finance.

  • The Bank of Japan has a neutral stance when it comes to politics although it's possible a new regime might not re-appoint BOJ Governor Kuroda, says Eisuke Sakakibara, professor at Aoyama Gakuin University.

  • FRANKFURT- ECB President Mario Draghi gives welcome remarks at the 2nd ESRB annual conference in Frankfurt- 1315 GMT. STOCKHOLM- Swedish Central Bank minutes from monetary policy will be published- 0730 GMT. OSLO- Norway Central Bank holds a press conference after the announcing its interest rate decision and issuing its monetary policy report 0830 GMT.

  • FRANKFURT- ECB President Mario Draghi gives welcome remarks at the 2nd ESRB annual conference in Frankfurt- 1315 GMT. STOCKHOLM- Swedish Central Bank minutes from monetary policy will be published- 0730 GMT. OSLO- Norway Central Bank holds a press conference after the announcing its interest rate decision and issuing its monetary policy report 0830 GMT.

  • Jethro Goodchild, head of Asian credit, Aviva Investors, says the Fed has done a good job of sticking to its stated policies on rates and unwinding and managing market reaction.

  • Pedestrians walk past the Uber Technologies headquarters building in San Francisco, California, U.S., on June 21, 2017.

    Uber has also notified the U.S. authorities about payments made by staff to police officers in Indonesia, a source told Reuters.

  • TOKYO, Sept 20- Booming shipments of cars and electronics in August drove up Japan's exports at the fastest pace in nearly four years, further evidence that overseas demand is strong enough to support healthy economic growth. Export growth is seen likely to continue as the global economy remains on a solid footing, which should underpin policymakers'...

  • TOKYO, Sept 20- Booming shipments of cars and electronics in August drove up Japan's exports at the fastest pace in nearly four years, further evidence that overseas demand is strong enough to support healthy economic growth. Export growth is seen likely to continue as the global economy remains on a solid footing, which should underpin policymakers'...

  • The consumption recovery remains slow given relatively low wage growth, but Japan is a long-term value proposition, says Frank Benzimra of Societe Generale.

  • WEDNESDAY, SEPTEMBER 20 STOCKHOLM- Swedish Deputy Central Bank Governor Martin Floden talks about monetary policy- 1200 GMT. FRANKFURT- ECB Governing Council meeting. TOKYO- Bank of Japan monetary policy meeting.

  • WEDNESDAY, SEPTEMBER 20 STOCKHOLM- Swedish Deputy Central Bank Governor Martin Floden talks about monetary policy- 1200 GMT. FRANKFURT- ECB Governing Council meeting. TOKYO- Bank of Japan monetary policy meeting.

  • *Egypt exports to hit $22 billion for 2017. CAIRO, Sept 19- Egypt's exports should grow about 10 percent this year to reach $22 billion, Trade Minister Tarek Kabil said on Tuesday, as the country lures foreign investors keen on setting up manufacturing following economic reforms. Egypt has been trying to market itself as a manufacturing hub for foreign investors,...

  • BEIJING, Sept 19- China's central bank supports a move by some banks to increase lending rates on mortgage loans in the Beijing market, state broadcaster China Central Television on Tuesday quoted the central bank as saying. Mortgage lending rates that are 5 percent to 10 percent higher than the benchmark lending rate have become "a mainstream phenomenon" in...

  • LONDON, Sept 19- Emerging stocks seesawed around three-month lows on Tuesday and currencies were mostly flat, including Hungary's forint which hit a two-month low against the euro the previous day in expectation of more monetary policy easing. The focus is on Hungary's central bank which is expected to leave main interest rates on hold but ease policy by...

  • A man walks near a closed Lotte store in Beijing on September 15, 2017.

    It's not too late for South Korean leaders to "reflect on the lessons" from Seoul's THAAD deployment, Chinese state media said on Tuesday.

  • BEIJING— A foreign business group appealed to China on Tuesday to move faster in carrying out promises to open its state-dominated economy and warned that inaction might fuel a backlash against free trade. Beijing faces mounting complaints from Washington and Europe about barriers in industries from finance to medical equipment while its own competitors...

  • MELBOURNE, Sept 19- London copper and zinc climbed on Tuesday on signs that a cooling property market in top consumer China was not derailing economic growth in the world's top metals consumer. *CHINA PROPERTY: China's new home prices rose in August at the slowest pace in seven months and fell or leveled off in more cities as government cooling measures dampened...

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