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South Korea central bank says Japan's export curbs among top three economic risks

SEOUL: South Korea's central bank on Tuesday said Japan's export curbs on key chip and display production materials were one of the top three risks to the domestic economy even after its recent downgrades to growth projections

Let’s choose the best person to lead the IMF

NOW that Christine Lagarde has announced her resignation as managing director of the International Monetary Fund (IMF), German chancellor Angela Merkel says Europeans “again” have a “claim” to fill what is arguably the world’s most important economic job. Merkel is invoking a decades-old political deal, which gives Europe the IMF leadership in return for allowing Americans to run the World Bank.

As Fed approaches rate cut, policymakers debate how deep to trim

CHICAGO: US Federal Reserve policymakers, moving toward their first interest rate reduction in a decade later this month, on Tuesday sketched out arguments for whether rates should be cut by a quarter or a half a percentage point.

Governor: Thai central bank has no need to quickly adjust policy

CHIANG MAI: Thailand’s central bank sees no need to quickly adjust its monetary policy, despite expecting lower economic growth this year, the governor said yesterday.

Emerging central banks keep cutting rates

LONDON: Emerging market central banks accelerated interest rate cuts in June, with policymakers rushing to trim benchmarks as major central banks including the U.S. Federal Reserve and the European Central Bank adopted a more dovish tone.

Indonesia central bank cuts bank reserve requirements, says next rate move is down

JAKARTA: Indonesia's central bank held its policy interest rate unchanged on Thursday, but moved to cut the reserve requirement for banks and said it was now appeared a "matter of timing and magnitude" before it made its first cut in rates since September of 2017.

Bank of Thailand policy maker sees trade woe if Trump re-elected

Bangkok: Trade-reliant Thailand better get used to worrying about the export outlook if President Donald Trump wins a second term, according to an official who helps to decide the country’s policy interest rate.

South Korea to unveil steps soon to support growth

SEOUL: Risks to South Korea’s economic growth have risen mostly from outside the country, warranting stronger policy measures to support growth, the country’s top presidential economic policy aide said.

Asia stocks slip, bonds rally on fears China-US trade(Update)

TOKYO: Asian equities tracked Wall Street's slide on Wednesday, while investors switched to safe-haven government bonds, driven by fears that global growth will suffer as a potential trade deal between the United States and China appeared to be unravelling.