HONG KONG, Nov 17 - The U.S. economy will grow into next year and accommodative policies cannot be maintained for too long, though the recovery will be slow, Federal Reserve Bank of San Francisco President...
SEOUL, Nov 17 - South Korea's central bank sees it as more important to focus on economic growth in future rate policy as it is concerned a hasty rate raise may undermine a recovery, a...
NEW YORK, Nov 16 - Federal Reserve Chairman Ben Bernanke said on Monday the U.S. central bank would move to normal monetary policy depending on the health of the economy, independent of the fiscal situation....
BEIJING, Nov 16 - China on Monday made a fresh, thinly veiled criticism of the United States for running lax monetary and fiscal policies that risk undermining the dollar. Countries whose currencies are held as...
SINGAPORE, Nov 13 - South Korea's economy will likely avoid contracting this year but the government will maintain its expansionary policy for the time being, President Lee Myung-bak told a Singaporean newspaper. "The Korean economy...
SEOUL, Nov 11 - South Korea's Deputy Finance Minister Noh Dae-lae said on Wednesday that the country needed to keep stimulative measures in place until a durable recovery took hold. "The accommodative macroeconomic policy stance...
SINGAPORE, Nov 11 - World Bank President Robert Zoellick said on Wednesday the world needed a cooperative approach to exit from easy fiscal and monetary policies and the timing for Asian central banks would depend...
BEIJING, Nov 10 - China on Tuesday restated its long-standing policy to maintain the basic stability of the yuan at a reasonable and balanced level. Asked at a news conference about comments made by U.S....
Nov 9 - European Union leaders are expected soon to appoint a foreign policy chief with enhanced powers under the bloc's Lisbon reform treaty. The high representative for foreign policy will head an external action...
* Premature for Asian central banks to exit easy policy * Countries should coordinate on exit policy * Other currencies to gain prominence over mid-, long term NEW DELHI, Nov 9 - It is premature...