Relevant:
- U.S. Urges China to Buy Mortgage Securities Amid Subprime Woes
- US manufacturing activity rises at fastest pace in 6 months and hiring at factories increases
- China April economic activity data disappoints, raising recovery doubts
- Abe Orders Japan's First Sales-Tax Increase Since '97
- US, China set for a year of surprises
2012-09-19 — bloomberg.com
The world's third-largest economy grew at half the pace initially estimated in the second quarter, highlighting a contraction risk worsened by Japanese factories in China shuttering amid a territorial dispute. The Fed's open-ended plan to buy mortgage-backed securities pressured the BOJ to act to avoid further yen appreciation, according to BNP Paribas SA economist Ryutaro Kono.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
