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TOKYO -- The Bank of Japan announced on Wednesday an interest rate increase and a bond tapering plan, in an aggressive move that signals the central bank's growing confidence in the recovery of the domestic economy and its concern about a markedly weaker yen.
TAIPEI (Reuters) -- Taiwan's trade-dependent economy grew more than expected in the second quarter thanks to stronger demand for new technology, such as artificial intelligence.
HONG KONG: The third plenum of China’s Communist Party (CCP) concluded recently without new stimulus or deep reforms, but that does not mean there isn’t welcoming news.
Headline inflation in the euro zone unexpectedly rose to 2.6% in July, the European Union's statistics agency said Wednesday, even as price growth in the services sector eased slightly.
TOKYO (AP) — The Bank of Japan raised its key interest rate Wednesday to about 0.25% from zero to about 0.1%, acting to curb the yen’s slide against the U.S. dollar.
SHANGHAI -- China needs to shift its economic policy implementation toward boosting consumption, the country's top leadership said on Tuesday in a closely watched meeting, amid rising expectations for more stimulus measures to spur sluggish growth.
BANGKOK (AP) — China’s powerful Politburo has endorsed the ruling Communist Party’s long-term strategy for growing the economy by encouraging more consumer spending and weeding out unproductive companies to promote “survival of the fittest.”
Maureen Harris is a senior adviser at International Rivers and coordinator of the Vietnam Climate Defenders Coalition, and Liangyi Chang is Asia managing director at 350.org.