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Speculation is swirling that the Bank of Japan may move to exit the world's last negative rate policy as early as next week, when policymakers gather for their March meeting.
China's unique thinking about comprehensive national security was on full display throughout the recently concluded National People's Congress (NPC). The current government, headed by President Xi Jinping, overemphasizes concepts that are vague in scope, which inhibits normal economic and other interactions with the outside world. Beijing should urgently rethink its excessive emphasis on security, which is hurting its own economy.
Global asset managers complained that more “forceful” steps are needed to boost growth and combat deflation. And disappointment was felt in some Asian markets that had hoped for a more vigorous response.
As inflation loosens its grip in most economies, investors are closely monitoring interest rate decisions, with markets expecting a slew of rate cuts this year.
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TOKYO -- Japan's cabinet on Tuesday approved legislation that would require more companies to release information on paternity leave usage, among other measures, to encourage fathers to contribute more at home and help curb the falling birthrate.
HONG KONG -- China's online nationalists have found the latest target for their ire: Nongfu Spring, the Hangzhou-based bottled water and soft drinks giant whose founder, Zhong Shanshan, is the country's wealthiest person.