Posted on April 27, 2013 at 7:04 PM
Amidst a flourishing economic climate in Asia, eyes are turning to the fluctuating currency rates more than ever. The week of April 20th was the best week for Asian currencies in the past seven months. Additionally, Asian shares rose the most in almost two weeks amid growth in U.S. home sales, earnings that exceeded f...
Posted on October 8, 2010 at 6:10 PM
In an effort to revive the faltering economy, Japan's central bank reduced its key interest rate to virtually zero in a surprise move Tuesday. The central bank is also looking to set up a $60 billion fund to buy government bonds and other assets. The overall call rate target is now set in the range of zero to 0.1 percen...