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Economy asian news

Nikkei staff writers - Yen's surge after Fed announcement stirs fresh intervention talk - asia.nikkei.com - Japan -  Tokyo - New York

Yen's surge after Fed announcement stirs fresh intervention talk

NEW YORK/TOKYO -- The yen strengthened to 153.10 to the dollar at its peak on Wednesday following the U.S. Federal Reserve's decision to keep interest rates steady, sparking speculation about another intervention by the Japanese government and the Bank of Japan.

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Donald Trump - Joe Biden - Dylan Butts - China is an enemy of the U.S. for a growing number of Americans, Pew poll shows - cnbc.com - China - Usa - Washington, area District Of Columbia - area District Of Columbia

China is an enemy of the U.S. for a growing number of Americans, Pew poll shows

Americans overwhelmingly hold an unfavorable view of China, with an increasing number labeling the nation as an enemy of the United States, according to a Pew Research Center survey released Wednesday.

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OECD upgrades global growth outlook as U.S. outperforms - asia.nikkei.com - Japan - China - Usa - Britain - Germany

OECD upgrades global growth outlook as U.S. outperforms

PARIS (Reuters) -- The global economy is growing faster than expected only a few months ago thanks to resilient U.S. activity while inflation is converging more quickly than expected with central banks' targets, the OECD said on Thursday, upgrading its outlook.

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JACK STONE TRUITT - Nikkei staff writer - Yen's surge after Fed announcement stirs another intervention talk - asia.nikkei.com - Japan - New York

Yen's surge after Fed announcement stirs another intervention talk

NEW YORK -- The yen strengthened to 153.10 to the dollar at its peak on Wednesday following the U.S. Federal Reserve's decision to keep interest rates steady, sparking speculation about another intervention by the Japanese government and the Bank of Japan.

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Bill Winters - Standard Chartered first quarter profit rises 5.5%, beats estimates - cnbc.com - China

Standard Chartered first quarter profit rises 5.5%, beats estimates

Standard Chartered  posted on Thursday a 5.5% rise in its first-quarter pretax profit, beating estimates, as higher interest rates bolstered earnings at the emerging markets-focused lender.

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Sumathi Bala - India's 8.5% growth rate has some 'fluff,' former central bank chief Raghuram Rajan says - cnbc.com - India -  Chicago

India's 8.5% growth rate has some 'fluff,' former central bank chief Raghuram Rajan says

There is some 'fluff' in India's economic growth rate, according to former Reserve Bank of India Governor Raghuram Rajan.

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Reuters - Matthew Wale - Jeremiah Manele - China-friendly Jeremiah Manele picked as Solomon Islands PM by lawmakers - scmp.com - China - Usa -  Beijing - Australia - Solomon Islands -  Honiara

China-friendly Jeremiah Manele picked as Solomon Islands PM by lawmakers

Solomon Islands lawmakers selected a new prime minister in a secret ballot on Thursday, choosing foreign minister Jeremiah Manele, who has pledged to continue the Pacific island nation’s foreign policy that saw it grow close to China.

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Powell - Fed Chair Powell says beating inflation 'taking longer than expected' - asia.nikkei.com - Washington - county Jerome

Fed Chair Powell says beating inflation 'taking longer than expected'

WASHINGTON  (Reuters) -- The U.S. Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning towards eventual reductions in borrowing costs, but put a red flag on recent disappointing inflation readings and suggested a possible stall in the movement towards more balance in the economy.

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