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Japan's central bank said Wednesday the nation's recovery was continuing, leaving its monthly economic assessment unchanged, and said it was holding its monetary policy steady in its efforts to pump the financial system with excess cash to keep the delicate recover afloat.
The Bank of Japan declared the world's third-largest economy is recovering as it voted on Thursday to maintain its monetary stimulus, offering a more upbeat view than last month on growing signs that the benefits of its expansionary policy are broadening.
TOKYO: The Bank of Japan on Friday held off expanding its stimulus programme and said the world's number three economy was recovering, despite fears a sales tax rise will dent growth.
BASEL, Switzerland: The global economy is recovering faster than expected, the world's leading central bankers say, though they see dangers from inflation and rising food prices in emerging markets.hr noshade size=-1 width=50%>
SEOUL: South Korea's economy is recovering from the depths it hit last year during the global financial crisis, but risks remain and the government remains vigilant, the country's finance minister said Thursday.
TOKYO: The Bank of Japan on Tuesday held off expanding its vast stimulus programme, saying the world's number three economy was recovering despite activity taking a hit from April's sales tax hike.
ST. PETERSBURG, Russia (Reuters) - The Group of 20 will say in its summit communiqué that the global economy is improving but it is too early to declare an end to crisis, a Russian official involved in its drafting said on Friday.
SEOUL: South Korea's economy is showing encouraging signs of recovery but prospects for a full-fledged revival remain cloudy, the country's financial regulator said Friday.
LISBON (Reuters) - Portugal's prime minister said on Thursday the economy may have grown in the second quarter in a sign of recovery from its worst recession in decades as he defended his government's record against a no-confidence motion in parliament.
LISBON (Reuters) - Portugal's prime minister said on Thursday the economy may have grown in the second quarter as he defended his record against a no-confidence motion that the ruling coalition is set to defeat in parliament.